Global Stocks Edge Lower as Oil Prices Jump

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Brent crude, the global gauge of oil prices, jumps over 10% after the news that OPEC and its allies are planning to discuss Monday reducing production by at least 6 million barrels a day

Stock markets around the world fell Friday, as oil continued its rebound and fresh data showed the unprecedented impact the coronavirus pandemic is having on economic activity.

U.S. futures edged down, with securities tied to the Dow Jones Industrial Average declining 1.3%. In Europe, the pan-continental Stoxx Europe 600 fell 1%.

 

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'Low energy prices also may have the impact that years of U.S. sanctions & pressure have not'. National Interest. It impacts fracking, Petro$, 23Tr. Debt, US-China trade. A domino that holds everyone to support USD as a Reserve and cushions us to painlessly run Tr.$ deficits

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