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Latest in Oil prices steady after fall to 6 month lows on tariff worries, OPEC+ supply

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  • Oil prices fall after Opec+ confirms it will increase crude production

    Oil prices fall after Opec+ confirms it will increase crude production

    Traders had been expecting cartel to postpone its plan to boost output
    Financial Times - 2d
  • Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production

    Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production

    The Saudi-led cartel said its members would start gradually pumping more oil in April.
    The New York Times - 2d

  • Oil ends at lowest price since September on tariff worries, OPEC+ output plans

    Oil declined for a fourth straight session Wednesday, settling at its lowest price since September, on prospects for a global trade war that could dent demand and plans by major oil producers to ...
    MarketWatch - 1d

  • Oil prices end lower on plans for OPEC+ output hike and Trump’s tariffs

    Oil futures declined Monday after OPEC+ said it will boost output starting in April, and as President Donald Trump’s planned tariffs on imports from Canada and Mexico threatened to slow demand for ...
    MarketWatch - 3d
  • Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases

    Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases

    The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.
    The New York Times - 1d

  • Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs

    A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.
    MarketWatch - Feb. 25

  • Oil prices hold at 2025 lows on tariff fears, prospects for end to war in Ukraine

    Oil futures settled lower Wednesday, with concerns over the global economic outlook and potential for an end to Russia’s war against Ukraine that could lift sanctions on Moscow prompting prices to ...
    MarketWatch - Feb. 26

  • Abercrombie & Fitch’s stock falls to 15-month low as retailer weighs tariff impact

    Abercrombie & Fitch also approved a $1.3 billion share-repurchase program, including $400 million in 2025.
    MarketWatch - 1d
  • Bitcoin falls below 90K in 3-month low

    Bitcoin falls below 90K in 3-month low

    Bitcoin fell below $90,000 on Tuesday, marking a three-month low for the popular cryptocurrency. The price of Bitcoin dropped more than 8 percent to $87,262 as of Tuesday afternoon, according to ...
    The Hill - Feb. 25
  • Could flu shot supply fall short this year? FDA's canceled meeting sparks worries

    Could flu shot supply fall short this year? FDA's canceled meeting sparks worries

    The FDA’s abrupt decision to cancel next month’s vaccine advisory committee meeting is raising concerns about whether the U.S. will have enough of the vaccine for the next flu season.
    NBC News - Feb. 27

  • Wall Street stocks steady at end of volatile month despite Trump tariff threats

    S&P 500 rises 1.6% to trim February’s losses
    Financial Times - 5d

  • Oil price tumbles to 3-year low on fears trade war will hit demand

    Brent drops below $70 a barrel following larger-than-expected increase in US crude stocks
    Financial Times - 1d
  • OPEC+ will start long-delayed oil production hike

    OPEC+ will start long-delayed oil production hike

    A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move forward ...
    The Hill - 2d
  • European stocks fall after Trump’s tariff warnings

    European stocks fall after Trump’s tariff warnings

    US president has threatened 25% duties on EU imports as well as levies on other major trading partners
    Financial Times - Feb. 27

  • Oil prices settle at lowest level of the year as tariff threat hurts demand outlook

    Oil futures settled Tuesday at their lowest level of the year, with the economy and energy demand expected to take a hit from proposed U.S. tariffs on Canada and Mexico that may come into effect ...
    MarketWatch - Feb. 25

  • Turkey cuts interest rates to 42.5% after inflation falls to 2-year low

    Borrowing costs reduced for third month running after price rises ease to below 40% for first time since June 2023
    Financial Times - 7h
  • Stocks fall even as Trump gives a one-month tariffs reprieve on many Canada, Mexico goods

    Stocks fall even as Trump gives a one-month tariffs reprieve on many Canada, Mexico goods

    Stocks fell Thursday afternoon as President Donald Trump's pledge to temporarily exempt many imports from his 25% tariffs failed to deter a wider sell-off.
    NBC News - 32m

  • Oil prices settle higher after Trump moves to end Venezuela crude deal

    Oil futures settled higher Thursday, finding support a day after President Trump said he was revoking a license issued by the Biden administration that had allowed Chevron to produce oil in Venezuela.
    MarketWatch - Feb. 27

  • Stocks fall after Trump confirms Mexico, Canada tariffs are set to begin

    Stocks fell after President Trump confirmed 25% tariffs on nearly all goods from Mexico and Canada are set to begin. CBS MoneyWatch correspondent Kelly O'Grady reports.
    CBS News - 2d
  • Stock markets fall after US tariffs spark trade war fears

    Stock markets fall after US tariffs spark trade war fears

    Stock markets in the US, Asia and the UK dip after Trump tariffs kicked in and spark retaliation.
    BBC News - 2d

  • High housing costs and low home supply are stifling American mobility

    American opportunity has been synonymous with people on the move, but high housing costs and low home supply has stifled American mobility. Yoni Appelbaum joins to discuss.
    CBS News - Feb. 26
  • 'We are still at war': Syria's Kurds battle Turkey months after Assad's fall

    'We are still at war': Syria's Kurds battle Turkey months after Assad's fall

    As Syria's interim leader plans its future, Kurds in the north-east are battling Turkish-backed forces.
    BBC News - Feb. 26
  • Tariffs Add a New Shock to Food Supply Chains

    Tariffs Add a New Shock to Food Supply Chains

    Companies made their supply chains stronger and more flexible because of the Covid pandemic. But they weren’t banking on tariffs.
    The New York Times - 1d

  • OPEC+ plan to lift output pulls Brent oil to lowest finish since September

    Oil futures settled lower Tuesday, with global benchmark prices ending their lowest since November, a day after the Organization of the Petroleum Exporting Countries and its allies said they would ...
    MarketWatch - 2d

  • Oil prices end lower, erasing weekly gains

    “A number of decisions are pending … that could drive the oil price in one direction or the other,” one analyst noted.
    MarketWatch - Feb. 21

  • Should you open a 6-month CD now?

    A 6-month CD can still be advantageous for savers to open now. Here's why.
    CBS News - Feb. 25

  • 6-month CD benefits to know this March

    A 6-month CD offers several advantages right now. Find out what the benefits are and how much you could earn.
    CBS News - Feb. 27

  • Commercial lawsuits launched in England’s High Court reach 6-year low

    Lawyers say London remains global centre for dispute resolution but litigation funders are being more selective
    Financial Times - Feb. 24

  • Bitcoin drops to a 3-month low below $90,000 in risk-off move

    Bitcoin fell through the $90,000 level overnight, weakened by sell pressure in equities as the crypto market awaits its next market catalyst.
    CNBC - Feb. 25
  • Private Payroll Growth Slides to Seven-Month Low in February

    Private Payroll Growth Slides to Seven-Month Low in February

    Wage gains at private companies grew at the slowest rate since summer of 2024, and optimism about the job markets continues to dim.
    Inc. - 1d

  • Key Interest Rate Falls as Worries About the Economy Rise

    Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.
    The New York Times - 3d

  • Bitcoin drops to lowest price in 3 months

    Bitcoin has dropped to its lowest price in three months as the Trump administration embraces cryptocurrency. CBS MoneyWatch correspondent Kelly O'Grady reports.
    CBS News - Feb. 25
  • Low energy prices sting Aramco profits and squeeze Saudi development plans

    Low energy prices sting Aramco profits and squeeze Saudi development plans

    Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on lower energy prices
    ABC News - 2d

  • Oil prices end higher as U.S. imposes more sanctions on Iran

    Oil futures finished higher on Monday, with prices finding support after a nearly 3% decline Friday, as the U.S. imposed fresh sanctions on Iran, impacting its crude sector.
    MarketWatch - Feb. 24

  • Oil prices post a loss in February as U.S.-Ukraine tensions feed uncertainty

    Prices on Friday finished off at the session’s lowest levels after a tense meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky dashed hopes for a Ukraine-Russia ...
    MarketWatch - 6d
  • Gazans Worry as Israeli Border Block Sends Food Prices Climbing

    Gazans Worry as Israeli Border Block Sends Food Prices Climbing

    The halt on aid and commercial goods was intended to put pressure on Hamas, but it is already having a broader effect, Palestinians say.
    The New York Times - 2d
  • Refugees in Kenya’s Kakuma camp clash with police after food supplies cut

    Refugees in Kenya’s Kakuma camp clash with police after food supplies cut

    Teargas fired during protest at reduced rations after US aid freeze wipes out half of World Food Programme budget. Thousands of refugees clashed with police in a Kenyan refugee camp this week after ...
    The Guardian - 1d

  • FDA says Ozempic, Wegovy are not in short supply anymore, which could impact prices

    The U.S. Food and Drug Administration said Ozempic and Wegovy, the popular GLP-1 drugs for diabetes and weight loss, are no longer in short supply. CBS News New York reporter Ali Bauman reports on ...
    CBS News - Feb. 22

  • Nvidia shares fall 9% on tariff fears

    The company's stock price is down 13% since it reported earnings last Wednesday.
    CNBC - 2d

  • Dow falls on opening bell as Trump tariffs continue

    Markets opened Thursday with the Dow dropping more than 500 points after the opening bell as countries and businesses continue to grapple with President Trump's tariffs. CBS News MoneyWatch ...
    CBS News - 5h
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