David Uberti
Reporter at The Wall Street Journal
young man. writing about markets and the economy for The Wall Street Journal. [email protected].
Articles
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1 week ago |
wsj.com | David Uberti
The spiraling Israel-Iran conflict has conjured painful memories of oil shocks from past Middle East wars and boosted global crude prices. The rally extended Tuesday, pushing benchmark U.S. futures about 2% higher, to more than $71 a barrel. That is still about 10% less than oil cost a year ago, and many traders are shrugging off worst-case fears of wider fallout. What gives? The oil market is well-supplied.
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1 week ago |
wsj.com | David Uberti
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy. Skyscraper-sized tankers ferry roughly one-fifth of the world’s petroleum, as well as massive cargoes of natural gas, from the energy-rich nations surrounding the Persian Gulf through the Strait of Hormuz and into international markets.
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1 week ago |
wsj.com | David Uberti
Oil prices continued climbing Sunday after Israel and Iran traded blows against their respective energy facilities, threatening to expand the impact of the conflict into financial markets and the global economy. Benchmark U.S. crude futures recently rose by more than 3%, to nearly $76 a barrel, following an even sharper increase in price on Friday.
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2 months ago |
wsj.com | David Uberti
$13.75/Week $1.75/Week Includes digital access to The Wall Street Journal, MarketWatch, Barron's and Investor’s Business Daily
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2 months ago |
livemint.com | David Uberti
President Trump’s start-and-stop expansion of tariffs on trading partners has no analog in modern history. President George W. Bush’s tariffs on steel products were in place for less than two years. Their impact on the economy likely lasted far longer. Designed to protect the beleaguered but politically influential U.S. steel industry, the 2002 tariffs raised costs for companies that used steel in auto parts, metal stamping and more.
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