US oil slips while retail diesel hits new record
Retail U.S. diesel prices reached $6.0556 a gallon for the first time as oil slipped, with Brent’s November contract down 3% to $104.48 a barrel.
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U.S. diesel prices hit record $6.05/gallon
AAA said U.S. diesel’s national average topped $6 for the first time at $6.05/gallon, up more than 60% from $3.71 a year ago. Gasoline rose to $4.29/gallon.
U.S. stock futures mixed as traders eye jobs data, earnings
U.S. stock futures were slightly mixed Thursday as traders weighed Middle East volatility, upcoming labor-market data and a full slate of earnings reports.
Schiff says oil above $90 could complicate Fed decision
Peter Schiff said oil trading above $90 a barrel could push up CPI and bond yields, make November voting costlier, and worsen politics if the Fed hikes rates in September.