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US stocks close lower

Media IN 25-06-2018 US stocks ended lower today. The Dow Jones industrial average <.DJI> was down 328.09 points, or 1.33 percent, at 24,252.83. The Standard & Poor’s 500 Index <.SPX> was down 37.81 points, or 1.37 percent, to close at 2717.07. The Nasdaq Composite Index closed down 160.81 points, or …

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Oil … decrease due to increase

Media IN 25-6-2018 Oil prices fell slightly on Monday, as traders consider an expected production increase of 1 million bpd following the OPEC meeting in Vienna last week. Brent crude futures were down $ 74.25 a barrel, down 1.7 percent from the previous close. US WTI futures traded at $ …

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Variations in OPEC on increasing production

Media IN 21-06-2018 According to informed sources, there has been a clear divergence in the attitudes of OPEC participants on the need to increase oil production. Some member states believe that current production should be maintained according to the 2017 agreement. Saudi Arabia and non-OPEC member Russia see increasing production …

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