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  1. OPEC Extends Output Cuts Into 2020 as Marathon Meeting Ends

    Bloomberg via Yahoo FinanceJul 01 20:03 PM

    After more than 10 hours of meetings, ministers confirmed an agreement to extend existing production curbs for nine months. By pushing through an extension until March 2020, Saudi Arabia is ...

  2. Oil Rides to 7-Week High on Gulf Storm, Tightening U.S. Supply

    Bloomberg via Yahoo FinanceJul 10 19:20 PM

    Futures advanced 4.5% to the highest settlement since May 22. The storm brewing in the Gulf could reach hurricane status before slamming ashore this weekend, according to government meteorologists ...

  3. Oil Rises as OPEC Extends Supply Cuts, Overcoming Demand Jitters

    Bloomberg via Yahoo FinanceJul 01 19:24 PM

    After surging at the start on Monday, oil prices spent much of the day drifting lower, even after OPEC members quickly decided to prolong production cuts by nine months. The coalition then spent ...

  4. Oil Surges as Report of U.S. Drawdown Adds to Supply Pressures

    Bloomberg via Yahoo FinanceJul 09 21:30 PM

    Futures spiked as much as 2.5% in New York after the American Petroleum Institute was said to report an 8.13 million-barrel decline in oil inventories last week. The draw-down “should set the ...

  5. Oil Dives in Final Minutes of Trading as Economic Woes Dominate

    Bloomberg via Yahoo FinanceJul 08 19:51 PM

    Futures gave up more than 1% of the day’s gains moments before settlement, closing just 0.3% higher in New York on Monday. The retreat near the close suggested traders are still contending with ...

  6. Too Many Companies Drain Value From the Economy

    Bloomberg via Yahoo FinanceJul 03 12:30 PM

    As for stock prices, they can grow faster than profits if investors’ appetite for risk increases, or if interest rates go down. Economists call this sort of value extraction economic rent. Economists ...

  7. What to Watch in Commodities: Winners and Losers in Second Half

    Bloomberg via Yahoo FinanceJul 08 10:16 AM

    After taking a knock last year, raw materials had a mixed first half, with a gauge of spot prices climbing about 7% even as the U.S.-China trade war rumbled on and macro-economic data pointed ...

  8. Oil Falters as Trade Tension Counters Threat From Tropical Storm

    Bloomberg via Yahoo FinanceJul 11 19:20 PM

    U.S. President Donald Trump tweeted that China wasn’t living up to promises to buy more American farm products. Meanwhile, more than half the oil output in the U.S. sector of the Gulf of Mexico ...

  9. Weekly public affairs series GZERO WORLD with Ian Bremmer launches Season 2 nationwide on public television beginning Friday, July 5, 2019 at 11 a.m. ET (check local listings). In New York, GZERO World airs on Saturdays at 10:30 a.m.

  10. Oil Caps Weekly Gain as Strengthening Storm Buoys Fragile Market

    Bloomberg via Yahoo FinanceJul 12 19:37 PM

    Futures in New York gained 4.7% for the week after prices held above $60 a barrel for a third day on Friday. Forecast to make landfall as a hurricane early Saturday, Barry has already curbed ...

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