Similar Stories to Why Opec Cut Should Mean Higher Oil, Higher Stock Market on Bing News

Oil popped more than $3 from the lows of the day (as much as 7%) on news OPEC has agreed to a production cut. We've talked a lot throughout the year about the price of oil. When it collapsed to the $20s, it put the entire energy industry on bankruptcy watch.

Topics:  opec   cut   oil   
BING NEWS:
  • Stock Market Crash Alert: 3 Must-Buy Energy Stocks When Prices Plunge
    Energy stocks provide investors with an opportunity to diversify their portfolios. A particularly good time to look for energy stocks to buy is during times of inflation. Rising oil and gas prices ...
    04/29/2024 - 9:09 am | View Link
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    InvestorPlace - Stock Market News, Stock Advice & Trading Tips Currently, two major conditions are converging to continue the strong ...
    04/28/2024 - 11:30 pm | View Link
  • OPEC's Next Production Decision Could Be Decided in the UAE
    As the global oil market eagerly anticipates the upcoming OPEC(+) production decision—a potential shift in the current production cut strategy ... the need for higher volumes and revenues ...
    04/26/2024 - 10:01 am | View Link
  • Oil settles higher on supply concerns in the Mideast, economic woes subdue gains
    Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top U.S. official expressed optimism over economic growth and as supply concerns lingered due to ...
    04/26/2024 - 7:19 am | View Link
  • A New Era for Oil Markets
    Economies and markets periodically experience “sea changes” or disruptions, with oil undergoing such a conversion today, bringing a more volatile market, argues Phil Verleger.
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