Oil prices fall 2% to 12-week low with OPEC+ set to increase output
Oil prices fell about 2% to a 12-week low on reports OPEC+ will proceed with a planned oil output increase in April and on worries what U.S. tariffs would do to global economic growth and oil demand.
OPEC+ plan to lift output pulls Brent oil to lowest price since September
Oil futures declined on Tuesday, with global benchmark prices touching their lowest level since September, a day after the Organization of the Petroleum Exporting Countries and its allies said they would proceed with plans to unwind some production curbs in April.
Oil Extends Losses on OPEC+ Output Plans, U.S. Tariffs
Oil prices extended losses after news that OPEC+ will start raising output in April and as U.S. tariffs took effect, raising fears of a trade war that could hurt the global economy and crude demand.
Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning in April. Opening the taps in countries such as Saudi Arabia and Russia,
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 energy.
Oil Falls, Weighed by OPEC+ Decision to Proceed With Planned Output Increase
Oil fell in the early Asian session. On Monday, OPEC+ said it would go ahead with its plan to boost production starting in April.
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New York Mercantile Exchange
No identified affiliates for New York Mercantile Exchange in the 2024 election cycle. Contributions to 527s are not included in the Individuals, PACs, Soft (Indivs), or Soft (Orgs) columns, so the ...
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Gold Hits New Record: Trump's Tariffs, Inflation Fears Drive Safe Haven Surge
Gold is on a remarkable hot streak. Spot gold rose to as high as $2,938 per troy ounce on the New York Mercantile Exchange, rising as much as 1.7%. Monday’s rally tied to Trump’s imposition of ...
Morningstar29d
Gold Futures Set New Record on Safe-Haven Demand After Trump Imposes Tariffs
Continuous gold futures on the New York Mercantile Exchange rose 0.6% to $2,853.60 a troy ounce in volatile European evening trading, having reached as high as $2,872.00 earlier in the session.
The Star8d
Crude futures settle higher
The West Texas Intermediate for April delivery gained 30 cents, or 0.43 percent, to settle at 70.7 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for April delivery went up ...
CME Group Sets New Daily Volume Record of 67.1 Million Contracts, Driven by Interest Rate and U.S. Treasury Markets
CME Group, the world's leading derivatives marketplace, today reported it reached a new, single-day volume record of 67,124,571 contracts traded on February 25. This surpasses the previous record of ...