The US Energy Information Administration announced Wednesday that crude oil and gasoline inventories in the United States fell last week.
The administration, which is the statistical arm of the US Department of Energy, said in a statement that crude …
US stocks ended lower at the end of the trading session on Tuesday.
The S and P 500 .SPX lost 41.98 points, or 0.72%, to end at 5,817.87 points, while the Nasdaq Composite .IXIC lost 180.26 points, or 0.97%, to 18,322.42.
The Dow Jones Industrial Av…
South Korea’s SK hynix, the world’s second-largest memory chip maker, said Thursday it has developed the world’s first 16 gigabyte DDR5 chip using the sixth generation of the 10 nanometer chipmaking technology.
According to SK hynix, the new product …
Oil prices edged up on Thursday after two sessions of losses, with a smaller-than-expected draw in US crude inventories that sapped demand expectations.
Brent crude futures climbed 9 cents, or 0.11%, to stand at $78.74 a barrel, while US West Texas I…