European stocks head for flat open as investors focus on oil market moves

Saudi Arabia will extend its cut of 1 million barrels per day until the end of December, while Russia will reduce its oil exports by 300,000 barrels per day.

CNBC Pro: Here are the most overbought and oversold major global stocks, including tech and bank names Chip designer Arm filed an updated regulatory filing for a U.S. initial public offering, setting a range RBC has raised its bet on what it calls a"recession resistant' Canadian company, doubling the weighting of the stock in its"Focus List" bucket to 5%.

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Saudi Arabia, Russia extend oil cuts through 2023, boosting market pricesSaudi Arabia and Russia on Tuesday prolonged oil production cuts through the end of this year in a bid to drive market prices higher after remaining far below 2022 record levels.
Fuente: WashTimes - 🏆 235. / 63 Leer más »

Energy stocks lead S&P 500 again, as Saudi Arabia, Russia extend crude-supply cutsEnergy stocks are leading the S&P 500 index on Tuesday, while most other sectors are in red, as Saudi Arabia and Russia extend oil supply cuts.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »