Oil prices slip on Saudi pledge, financial markets look to Fed
Wednesday, 18 September 2019 Oil prices cooled on Wednesday as Saudi Arabia's pledge to quickly restore production eased supply worries, while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.
So what in the world happened in stocks Thursday? You may think it's counterintuitive that stocks would rise after the ISM non-manufacturing index showed poor results. Think again. Before we break down..
Oil prices got a slight 2% boost Friday when Iranians claimed that someone aimed suspected missiles at one of its oil tankers as it traversed the Red Sea, some... OilPrice.com Also reported by •Reuters •Reuters India
Oil prices eased on Monday as scant details on the first phase of a trade deal between the United States and China undercut last week's optimism over a U.S.-Sino... Reuters Also reported by •Reuters India