News Formal

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

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

European stocks are heading for a flat open as investors focus on the latest oil market action after Saudi Arabia and Russia extended oil production cuts.

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%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: WashTimes - 🏆 235. / 63 Read more »

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.
Source: MarketWatch - 🏆 3. / 97 Read more »