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Oil prices steady as traders await OPEC+ decision on production cuts
Morningstar· 5 days agoOil futures were little changed early Friday, but were on track for their first monthly declines of 2024 as traders fretted over gasoline demand and awaited a weekend decision on production ...
Oil producers led by Saudis face a decision on whether to extend production cuts as oil prices lag -...
WTOP Washington· 3 days agoSaudi Arabia and allied oil producing countries face a decision Sunday on whether to extend...
Stock Market Today: Dow slips on weaker economic data, slump in energy
Investing.com via Yahoo Finance· 2 days agoInvesting.com -- The Dow closed lower Monday, led by a slump in energy stocks on falling oil prices and weaker manufacturing data pointing to a slowing in the economy.
Asian Shares Mixed As China PMI Data Disappoints
RTT News· 5 days agoAsian stocks ended on a mixed note Friday even as a downward revision to U.S. first-quarter GDP data revived hopes for Fed rate cuts this year. Regional gains were capped by hawkish comments ...
The Dollar suffered from both the ISM and lower Oil prices
The Forex Market· 1 day agoAt the end of April, US money markets were positioned for a first Fed rate cut at the December. At...
Volatility strikes markets as stocks rebound despite economic concerns and rate cut speculation
The Forex Market· 2 days agoStocks rallied, PCE and other data points suggest slowing. Jensen Huang (NVDA) says – ‘Say Hello to...
June 2024 gas prices plummet despite limited oil production
KTVB Boise· 2 days agoDespite OPEC's recent agreement to extend oil production cuts through 2025, GasBuddy officials...
Inflation seems to be cooling again. Americans aren’t buying it
CNN Business via AOL· 5 days agoAmericans aren’t convinced that inflation is moderating. A majority expect interest rates to rise...
Understanding PCE: Inflation measures and market implications, markets shrug off verdict
The Forex Market· 5 days agoPCE Price Index and PCE Deflator measure the same things but are different. Try the Grilled Rib-Eye...
Schumer and Senate Democrats call for Justice Department to probe Big Oil for alleged collusion
CNN Business via AOL· 6 days agoSenate Majority Leader Chuck Schumer and nearly two dozen Democrats pressed the Justice Department...