rose $1.01 to $36.76 per barrel. Oil is on track for its fourth straight week of gains, although WTI is still roughly 50% below its January high of $65.65. "Oil prices rose on very clear indications that the global supply has been curtailed to a great degree," Rystad Energy's Paola Rodriguez Masiu said Thursday. "Many producers have curtailed production and, although painful for them, it really did have an effect on prices," she added.
including Alibaba and Baidu from listing on U.S. exchanges. The bill would require companies to certify that they are not controlled by a foreign government., compared with the 2.4 million analysts had been expecting. This represents the seventh straight week of a slowing pace following the peak of 6.9 million claims in late March. Additionally, a review brought the number from last week down substantially, from 2.98 million claims to 2.69 million.
Apparently investors didn’t think anything short of 25% unemployment mattered to the economy.
Ands partridge in a pear tree.
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