Money Talks

Oil prices give up gains after OPEC+ extends production cuts | Money Talks

Oil prices are rallying after exporters agreed to extend production cuts. They're meant to reduce excess supply in the market. The Organization of Petroleum Exporting Countries, together with its allies led by Russia, want to counter the effects of the COVID-19 pandemic, which has sapped energy demand around the world. OPEC and its allies are cutting production by 9.7 million barrels a day up to until the end of July. The cut represents about 10 percent of global supply. For more, we spoke to Cornelia Meyer, chairman and CEO of consultancy Meyer Resources. #OilPrice #OPEC #Coronavirus

Money Talks: Oil prices hit highest level since May 2015

Money Talks: Oil prices hit highest level since May 2015

Oil prices drop in 2018 despite supply cuts | Money Talks

Oil prices drop in 2018 despite supply cuts | Money Talks

OPEC agrees to cut oil supplies | Money Talks

OPEC agrees to cut oil supplies | Money Talks

Middle East tensions push oil prices higher | Money Talks

Middle East tensions push oil prices higher | Money Talks

US consumers get relief as inflation moderates in July

US consumers get relief as inflation moderates in July

OPEC+ oil cartel missed daily production target in July

OPEC+ oil cartel missed daily production target in July

US consumer prices rose 8.5% in July, down from June's 9.1%

US consumer prices rose 8.5% in July, down from June's 9.1%

China inflation accelerated to two-year high of 2.7% in July

China inflation accelerated to two-year high of 2.7% in July

Meme-stock rally returns to Wall Street, lifting struggling firms

Meme-stock rally returns to Wall Street, lifting struggling firms

Crude oil, natural gas prices slump as investors fear recession

Crude oil, natural gas prices slump as investors fear recession

Market Movers: Sharing economy, e-commerce earnings

Market Movers: Sharing economy, e-commerce earnings

China gives green light to driverless taxis

China gives green light to driverless taxis

Turkish hazelnut pickers celebrate start of fruitful harvest season

Turkish hazelnut pickers celebrate start of fruitful harvest season

India's 5G spectrum auction attracts $19B in bids

India's 5G spectrum auction attracts $19B in bids

OPEC+ hikes output by 100,000 barrels a day, equivalent to 0.1% of global consumption

OPEC+ hikes output by 100,000 barrels a day, equivalent to 0.1% of global consumption

Oil prices extend losses on demand worries

Oil prices extend losses on demand worries

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