Oil prices rose in late and early in response to the OPEC agreement, but weeks of surprisingly high inventory figures The recent drop in price indicates that efforts by OPEC and 10 other oil-producing countries to cut their production to reduce a supply glut and push prices higher are falling short. While Russia, Saudi Arabia and other nations involved in the deal Discussing the ouster of the Saudi crown prince and its implication for the kingdom's energy sector and economy, with Matt Reed, Foreign Reports vice president, and CNBC's Jackie DeAngelis.

The impact of oil price fluctuations on stock markets in developed and emerging economies - Munich Personal RePEc Archive

Brian Belski, BMO Capital, and Darren Jaroch, Putnam Equity Income Fund, discuss investing in the energy sector as oil prices collapse. CNBC's Jackie DeAngelis reports on crude oil's losing streak after a report on inventory shortage from the commodities desk.

Iranian oil minister Bijan Zanganeh said OPEC members were considering deeper cuts in NEW YORK, June U. The price gains in the report's immediate aftermath were hard to sustain because CNBC's Jackie DeAngelis reports the latest crude oil and gasoline inventories from the EIA. DUBAI, June Saudi Arabia's stock market jumped over 5 percent on Wednesday after the architect of the kingdom's economic reforms was appointed crown prince and index compiler MSCI said it would consider upgrading Riyadh to emerging market status.

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The stock index surged 5. Bond yields held steady, while stocks in mainland Oil price shock singapore stock market got a small boost after they got the OK to join a widely followed index of emerging-market stocks.

After being up by as much as 1. TORONTO, June The Canadian dollar weakened on Wednesday for the third straight day against its U.

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Register Log In Profile Email Preferences PRO Sign Out. UPDATE 8-Oil drops to mth low; biggest first-half slide in 20 years. Libyans ramp up, Nigerians export more crude.

Crude oil falls to lowest level since August. Oil falls again, despite decline in US crude supplies. Oil reacts to Saudi royal shake-up. Better times ahead for energy companies: Bond guru Gundlach thinks lower CPI would 'be a cold bucket of water for the Fed tightening dreams'. Crude oil's losing streak. UPDATE 6-Oil slips, headed for weakest first half in two decades.

Crude oil inventories down 2.

The impact of oil price fluctuations on stock markets in developed and emerging economies

OIL PRICES EXTEND GAINS AFTER EIA DATA SHOWS BIGGER-THAN-EXPECTED DRAW IN U. MIDEAST STOCKS-Saudi cheers new crown prince, MSCI news; oil price hits rest of Gulf. Energy stocks dive anew, offset tech gains; US indexes mixed. Oil falls as bulls discount OPEC cuts, set for worst H1 since Energy Oil stable on expected OPEC cut extension, drop in U.