BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'Stocks rates'. (Return)

MarketWatch MarketPulseDec 02, 2022
: Oil futures settle lower ahead of the OPEC meeting and EU ban on Russian oil
Oil futures finished with a loss on Friday, but ended higher for the week. The rebound in crude-oil prices recently is due to "some optimism that even though China is battling rising COVID rates, authorities will be much more flexible in how they implement restrictions and lockdowns," said Michael Hewson, chief market analyst at CMC Markets UK. There is also concern that OPEC might announce further cuts to production at their monthly meeting Sunday, he said. However, oil prices fell Friday following news that the European Union agreed on a price cap of $60 for Russian seaborne oil, which some analysts said would have little impact. U.S. benchmark WTI crude for January delivery CLF23 fell $1.24, or 1.5%, to settle at $79.98 a barrel on the New York Mercantile Exchange. For the week, prices based on the front-month contract still gained nearly 4.9%, according to Dow Jones Market Data.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


TRENDING TAGS
jobsCNN Paramount Media Companies Cut
StocksBuy dividend These Growth right
OilOPEC Russia Price Cap Production
StockBuy dividend These right Market
HereWhen How ‘Fortnite Where Did
OPECOil Russia Production Unchanged Output
NovemberASML
MarketThese Dow Shows time
RussiaOil OPEC war Price Cap
BidenHunter Twitter laptop story USA

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • c/o CommunityScape | 200 Anderson Avenue
    Rochester, NY 14607
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2022 CEOExpress Company LLC