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Russia Says It Will Support OPEC Plan to Lift Crude Supply
Russia threw its support behind Saudi Arabia’s plan to ramp up global oil production in the face of higher prices, after more than a year of holding back output in coordination with OPEC......»»
Russia Takes Outsize Role in Boosting Oil Supply
Russian oil companies are priming the pumps to significantly boost crude output this summer following an OPEC agreement, taking on an unusually important role in a global effort to keep prices in check......»»
PepsiCo, oil help extend Wall Street rally; S&P at four-month high
U.S. stocks rose on Tuesday, with the S&P 500 at a four-month high, as energy shares got a boost from higher crude prices and strong results from PepsiCo signaled a solid start to the earnings season......»»
Asia stocks sag on oil"s slide, dollar dips before Fed testimony
Asian stocks were mostly lower on Tuesday, with a sharp decline in crude oil prices weighing on energy shares, while the dollar dipped ahead of Federal Reserve Chairman Jerome Powell's first U.S. congressional testimony......»»
World shares under tech cloud, no lift from Japan"s dovish policy pledge
Reassurance by the Bank of Japan that it will keep its super-easy monetary policies in place for an extended period pushed the yen and global bond yields lower on Tuesday, though mounting concerns about the tech sector kept world stocks under pressure......»»
Trade spat dogs markets, but Apple"s $1-trillion valuation boosts U.S. indexes
A deepening trade dispute between the United States and China weighed on global stocks and bond yields on Thursday, but a rise in Apple shares took its valuation above a record $1 trillion and helped lift major U.S. indexes into positive territory......»»
Wall St. dips as oil slide drags down energy shares
U.S. stocks were slightly lower on Wednesday as a steep fall in crude oil prices hit energy shares, more than offseting gains in technology and bank stocks......»»
Bank Stocks Are Getting a Lift From Higher Treasury Yields
Higher bond rates usually boost bank shares as their profit margins on loans expand......»»
Receding trade fears propel stocks to six-month peak
The U.S. dollar rebounded and world shares hit a more than six-month high on Friday after China's moves to boost domestic consumption bolstered a rally driven by investor bets the latest U.S.-Sino trade salvoes were unlikely to dent global growth......»»
Stocks rise as higher rates lift bank shares
U.S. equities rose on Tuesday as bank stocks got a boost from higher interest rates as the Federal Reserve's policymaking committee began a two-day meeting......»»
Stocks rise as higher rates lift bank shares
U.S. equities rose on Tuesday as bank stocks got a boost from higher interest rates as the Federal Reserve's policymaking committee began a two-day meeting......»»
Italy relief, China stimulus hopes lift global stocks
European shares gained on Monday amid relief over Italy's budget, following rallies in Asia after China promised to provide stimulus to stabilize its economy and offset the impact of U.S. tariffs......»»
Italy relief, China stimulus hopes lift global stocks
European shares gained on Monday amid relief over Italy’s budget, following rallies in Asia after China promised to provide stimulus to stabilise its economy and offset the impact of U.S. tariffs. Laura Frykberg reports......»»
Asia stocks shaken by plunge in crude oil, growth worries
Asian shares edged lower as investors fretted about slowing global growth with crude oil prices sinking on worries about weakening world demand and oversupply......»»
Crude oil struggles for traction after plunge, stocks sag
Oil prices struggled for traction on Wednesday after sinking on worries about weakening world demand and oversupply, while global shares sagged with slowing growth concerns overshadowing potential positives such as progress in the Brexit saga......»»
Crude oil extends steep dive, stocks fall on growth fears
Oil prices extended a steep slide on Wednesday on the back of worries about weakening world demand and oversupply, while global shares sagged as energy sector strains heightened anxiety about a slow down in the global economy......»»
US crude plunges 6 percent to 1-year low as stocks tank
Oil prices dropped sharply Tuesday, snapping a four-day winning streak amid concerns about rising global supplies as OPEC weighs a possible cut in production......»»
US crude plunges 6 percent to 1-year low as stocks tank
Oil prices dropped sharply Tuesday, snapping a four-day winning streak amid concerns about rising global supplies as OPEC weighs a possible cut in production......»»
Asia stocks fall, oil stymied as growth worries grip global markets
Asian stocks slid on Wednesday as intensifying concerns about global economic growth gripped financial markets, sending Wall Street shares and crude oil prices tumbling and driving the safe haven dollar up from a two-week low......»»
Oil dips as U.S. crude stockpiles swell; possible OPEC cuts prevent bigger slide
Oil prices slipped on Thursday after U.S. crude inventories swelled to their highest level since December 2017 amid concerns of an emerging global glut, although the potential for a supply cut by OPEC prevented further drops......»»