500000 Barrel Weekly Rise
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OPEC+ Likely to Extend Output Curbs Beyond 2Q, JPMorgan Says
OPEC and its allies are likely to extend their voluntary production cuts beyond the second quarter at their upcoming meeting in June, according to JPMorgan.The Wall Street Journal - World -
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
Oil prices on track for weekly declines as concerns over Middle East supply risks fade
Oil futures inched lower in Friday dealings, with easing concerns about potential supply disruptions in the Middle East, strength in U.S. production, and signs of slowing demand setting prices up for their largest weekly percentage loss since ...MarketWatch - Business -
U.S. Stocks Rally After Jobs Report Shows Hiring Slowdown
Stocks were rallying after a Goldilocks jobs report that boosted hopes for a late-summer rate cut.The Wall Street Journal - World -
Natural Gas Futures Rise
Natural gas futures rose, supported by lower production and higher power-sector demand with parts of the U.S. heating up.The Wall Street Journal - World