Sunday, May 11, 2025
Oil drops 9%, giving back early double-digit gain as traders await OPEC cut details-oil and gas 360

Oil drops 9%, giving back early double-digit gain as traders await OPEC cut details

CNBC U.S. oil dropped more than 9% on Thursday, giving back an earlier gain of more than 12%, as the Street awaited details on production cuts from OPEC and its allies, known as OPEC+. An extraordinary meeting between the oil-producing nations, which kicked off around 10:45 a.m. ET, remains ongoing. Producers were reportedly amenable to scaling back production in an

Cash -oilandgas360

Are These Penny Stocks A Buy? Analysts Think So

If you’re new to penny stocks or are new to PennyStocks.com, it’s important to know where to get reputable information. Where opinion columns and websites with third party contributors may appear biased, you can’t disregard them for gauging sentiment. This same idea holds true for analyst ratings. If you haven’t taken a look around the site, you likely haven’t seen the penny stock

Federal Reserve unveils details of $2.3 trillion in programs to help support the economy- oil and gas 360

Federal Reserve unveils details of $2.3 trillion in programs to help support the economy

CNBC The Federal Reserve on Thursday announced a bevy of new moves aimed at getting another $2.3 trillion of financing into businesses and revenue-pinched governments. Stock futures jumped after the announcement, which came moments after the government reported that 6.6 million new jobless claims were filed last week. Among the Fed’s measures were details regarding its Main Street business lending program and several