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Oil gains on OPEC+ deal, stocks stymied by pandemic worries

Global equities weakened on Monday as investors braced for more indications of economic damage from the coronavirus pandemic while oil prices rose in choppy trade following a landmark deal by OPEC and its allies to cut output......»»

Category: topSource: reutersApr 13th, 2020

Oil firmer on OPEC+ deal, equities unable to shake pandemic fears

Global shares fell on Monday as investors braced for more signs of economic damage from the coronavirus pandemic although a landmark deal by OPEC and its allies to slash output helped oil prices climbed in volatile trade......»»

Category: topSource: reutersApr 12th, 2020

Oil gives up gains even as OPEC+ hammers out supply-cut deal

Oil prices dipped on Thursday, giving back an earlier 10% surge as investors awaited details on a massive OPEC supply-cut agreement in response to the global fuel demand collapse due to the coronavirus pandemic......»»

Category: topSource: reutersApr 9th, 2020

Oil slides as demand worries overshadow OPEC deal to deepen supply cuts

Oil prices fell on Thursday as the coronavirus epidemic showed no signs of slowing, feeding worries about the global economy and prompting investors to sell more risky assets like stocks and crude oil and park money in safe havens......»»

Category: topSource: reutersMar 5th, 2020

Asian shares gain as Trump fuels trade deal optimism, oil firm on OPEC+ output cut

Asian stocks gained on Friday as investors took heart from U.S. President Donald Trump saying trade talks with China were "moving right along", and U.S. oil prices sat near 2-1/2-month highs after OPEC and other producers agreed to cut output......»»

Category: topSource: reutersDec 5th, 2019

Oil prices edge higher as OPEC hints at deeper output cuts

Oil prices rose on Wednesday, tracking gains in equities, as investors pinned hopes on a potential Brexit deal between Britain and the European Union and on signals from OPEC and its allies that further supply curbs could be possible......»»

Category: topSource: reutersOct 16th, 2019

What The OPEC, OPEC+ Deal Means For Oil Investors

On Monday, OPEC reached a deal to extend its crude oil production cuts until March 2020. On Tuesday, Russia and nine other non-OPEC oil producers also reached a deal to cap oil production in an effort to support crude oil prices in a softening global manu.....»»

Category: blogSource: benzingaJul 2nd, 2019

Oil drops on global growth worry, possible output rise

Oil prices edged lower on Tuesday, slipping off five-month highs after the International Monetary Fund cut its global economic growth forecasts and as Russia signaled it may retreat from its production-cutting deal with OPEC......»»

Category: topSource: reutersApr 9th, 2019

Bond Report: 10-, 30-year Treasury see largest 1-day yield drop in 6 weeks

Long-dated U.S. government bond yields retreat Thursday, supported by buying that has driven rates lower and prices higher, with strategists pointing to bargain hunting by fixed-income investors in a market viewed as slightly oversold in recent days......»»

Category: topSource: marketwatchMay 20th, 2021

Inflation is up. The stock market is down. Here’s why you shouldn’t panic.

Yes, inflation is up and the stock market is down. But financial experts weigh in on what consumers can do to deal with higher consumer prices and why investors shouldn't panic......»»

Category: topSource: washpostMay 13th, 2021

Crude Is Crashing

Crude Is Crashing After its exuberant rip on the day that the latest OPEC+ deal was announced last week, crude prices have collapsed, with WTI plunging back below $60, as reality sets in on what that supply surge really means (combi.....»»

Category: dealsSource: nytApr 5th, 2021

Bond Report: 10-year, 30-year Treasury yields post biggest pullback in weeks

Long-dated U.S. Treasury yields retreat and prices rise Monday, offering a modest reprieve for government bonds that have been hurt as investors worry about rising inflation as the economy recovers......»»

Category: topSource: marketwatchMar 22nd, 2021

Oil slides 6% as producer cuts fail to banish demand fears

Oil prices fell around 6% on Tuesday as investors doubted that record OPEC+ supply cuts would soon balance markets as demand plunges due to the coronavirus pandemic......»»

Category: topSource: reutersApr 14th, 2020

Oil slides 5% as producer cuts fail to banish demand fears

Oil prices plunged around 5% on Tuesday as investors doubted that record OPEC+ supply cuts would soon balance markets as demand plunges due to the coronavirus pandemic......»»

Category: topSource: reutersApr 14th, 2020

Dow futures slide more than 300 points

U.S. stock futures were lower on Monday morning after OPEC and other oil-producing countries reached a deal on a massive production cut, even as investors continued to digest the impact of the coronavirus......»»

Category: topSource: moneycentralApr 13th, 2020

Oil prices are flat after OPEC and allies agree to historic production cut

Oil prices were flat in overnight trading after OPEC and its allies agreed to a historic deal to cut production by a record 9.7 million barrels per day......»»

Category: topSource: moneycentralApr 13th, 2020

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......»»

Category: topSource: reutersApr 13th, 2020

OPEC+ Agrees To Historic Deal To Cut Oil Prices

Following several days of meetings that began last Thursday, a historic oil deal has been reached. read more.....»»

Category: blogSource: benzingaApr 12th, 2020

OPEC, Russia approve biggest-ever oil cut to support prices amid coronavirus pandemic

OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic and said they had an unprecedented deal with fellow oil nations, including the United States, to curb global oil supply by 20%......»»

Category: topSource: reutersApr 12th, 2020

Oil, equities slip as OPEC+ cut fails to lift confidence

Oil prices and U.S. stock futures dipped in early Monday trade as a landmark agreement by OPEC and its allies to slash output by a record amount failed to give investors any cause for lasting optimism about the economic outlook......»»

Category: topSource: reutersApr 12th, 2020