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Oil falls to $25 as oversupply fears mount with U.S. inventory rise
Oil slid to $25 a barrel on Wednesday, within sight of its lowest in 18 years, as a report showing a big rise in U.S. inventories and a widening rift within OPEC heightened oversupply concerns......»»
Oil falls about 1% after U.S. crude and gasoline build
Oil fell about 1% on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week and gasoline stocks surged, but optimism that a U.S.-China trade deal would be reached soon limited losses......»»
Futures Movers: Oil prices move lower as weak U.S. manufacturing activity feeds worries over energy demand
Crude-oil futures move lower Tuesday, as earlier gains from a monthly report on falling OPEC production gives way to concerns over a slowdown in energy demand following data showing U.S. manufacturing activity at its lowest level in over a decade......»»
Disney falls ahead of earnings report as Comcast threatens pending Fox deal (DIS)
VCG/Getty Images Walt Disney shares are falling hours before its quarterly earnings report, scheduled to be released after the closing.....»»
Futures Movers: Oil falls as OPEC production rise raises doubt about impact from next year’s cut
Oil prices fell Thursday as market doubts about the efficacy of planned production cuts were renewed, in part on a report of OPEC infighting and data showing the cartel was pumping out plenty of crude last month......»»
The Wall Street Journal: OPEC daily production falls by about 800,000 barrels, according to monthly report
OPEC significantly reduced its crude-oil production in January, making good on its latest deal to curb output and rebalance an oversupplied market, the oil cartel said Tuesday......»»
Lemonade Falls After Q1 Earnings, Nears Key Support Level
Lemonade Inc. (NYSE: LMND) shares were falling Wednesday morning following the company’s earnings report; the insurance company reported a wider-than-expected first-quarter net loss. read more.....»»
Goldman Sachs still sees crude prices falling after OPEC+ deal
Goldman Sachs said on Sunday that the deal between major oil producers to cut output by nearly 10 million barrels per day is 'historic yet insufficient,' adding that no deal would be enough to offset the sharp drop in demand already occurring......»»
OPEC+ deal to curb oil production held up by Mexico: report
Mexico is holding up a deal by the world's largest oil producers, including Saudi Arabia and Russia, to curb production, Bloomberg News reported late Thursday. A tentative agreement to cut 10 million bar.....»»
Report: SL Green deal to sell Midtown building for $815 million falls through
A deal for SL Green Realty Corp., one of New York City's largest landlords, to sell the former New York Daily News headquarters in Midtown has fallen apart, according to The Wall Street Journal. The agreement was for a New York City property invest.....»»
OPEC oil cuts deal falls apart as Russia resists, crude prices plunge
OPEC's plans for deep and prolonged oil cuts were derailed on Friday as non-OPEC Russia refused to support the move arguing that it was too early to predict the impact of a coronavirus outbreak on global energy demand, sources told Reuters......»»
Bond Report: 10-year U.S. Treasury yield falls to all-time low as stocks take a beating
U.S. Treasury yields plunged on Tuesday as concerns about the COVID-19 epidemic sent stocks swooning and government bonds rallying, with the 10-year benchmark yield falling to its all-time low......»»
Why Russia Dithers Over Deeper Crude Production Cuts
Russia continues to resist moving up a March meeting of OPEC+ oil ministers to deal with the falling demand for crude caused by the coronavirus outbreak. There are several reasons for that......»»
Economic Report: U.S. trade deficit falls in 2019 for first time in six years as China tariffs reduce imports
The U.S. trade deficit fell slightly in 2019 to mark the first decline in six years, mostly reflecting tariffs on Chinese goods that reduced the flow of imports from the Asian giant. Don’t get used to falling deficits, though......»»
Oil falls 1% as focus shifts to high U.S. fuel stocks
Oil prices fell about 1% on Monday as Middle East tensions eased and investors turned their focus to lackluster seasonal demand following last week's bearish U.S. report showing a large fuel stockbuilds......»»
Oil falls 1% as Mideast tensions ease, U.S. gasoline stocks weigh
Oil prices fell about 1% on Monday as Middle East tensions eased and investors turned their focus to lackluster seasonal demand following a bearish U.S. report last week showing a large gasoline stockbuild......»»
Oil falls on waning Middle East wories, surprise U.S. crude build
Brent oil futures fell on Wednesday from a near four-month peak hit early after an Iranian rocket attack on U.S. forces in Iraq did not damage oil infrastructure, and on a report showing a surprise build in U.S. stockpiles......»»
Oil nears $68, highest since September, on trade hopes, OPEC
Oil rose towards $68 a barrel to its highest in over three months on Thursday, buoyed by a report showing lower U.S. crude inventories, hopes of an end to the China-U.S. trade dispute and OPEC-led efforts to constrain supply......»»
Oil hits highest since September on trade hopes, OPEC cuts
Oil rose further above $67 a barrel to its highest in over three months on Thursday, buoyed by a report showing lower U.S. crude inventories, by hopes of an end to the China-U.S. trade dispute and OPEC-led efforts to constrain supply......»»