Wti Oil Ends Higher
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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 -
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.The Wall Street Journal - World -
Why Johnson is stuck with threats to end his speakership
Democrats could want some sort of power-sharing agreement in exchange for helping the speaker defang the so-called motion to vacate. That's too steep a price for him.Politico - Politics -
Jobs Report in Focus as Investors Seek Rate Clues
Stock futures ticked higher ahead of an employment report that is expected to show labor-market growth slowing in April.The Wall Street Journal - World -
The SEC ended a probe into large bets that three prominent investors made on Activision days before the company agreed to be acquired by Microsoft in 2022.
The SEC ended a probe into large bets that three prominent investors made on Activision days before the company agreed to be acquired by Microsoft in 2022.The Wall Street Journal - World -
TikTok and Universal Music struck a new licensing deal that will return the record label's artists and their songs to the video-sharing app, ending months of disagreements over pay.
TikTok and Universal Music struck a new licensing deal that will return the record label’s artists and their songs to the video-sharing app, ending months of disagreements over pay.The Wall Street Journal - World -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.The Wall Street Journal - World -
US regulator’s Opec collusion claim sets off tremor in oil patch
CEOs weighing mergers may think twice after FTC bars industry veteran from Exxon’s boardFinancial Times - Business -
Oil Companies Expand Offshore Drilling, Pointing to Energy Needs
Shell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because doing so releases fewer greenhouse gases than drilling on land.The New York Times - Business -
UK pulling out of recession as services sector growth accelerates; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that the recession is over.. Data firm S&P Global has reported that ...The Guardian - World - United Kingdom -
The FTC said former Pioneer CEO Scott Sheffield attempted to collude with OPEC officials to raise oil prices and referred the allegation to the Justice Department for a potential criminal probe.
The FTC said former Pioneer CEO Scott Sheffield attempted to collude with OPEC officials to raise oil prices and referred the allegation to the Justice Department for a potential criminal probe.The Wall Street Journal - World