OPEC

Oil Continues Rollercoaster Ride As OPEC Considers Omicron Impact On Fuel Demand

Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia arrives for an OPEC meeting … [+] in 2020. ASSOCIATED PRESS As OPEC ministers convened digitally on Wednesday, the rollercoaster ride in oil markets continued, with U.S. West Texas Intermediate crude oil up 3% to $68 per barrel amid broad strength in equities.  Recall that …

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China makes a bullish call on the markets, and stocks take off

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. It’s a risk-on Monday with Asia, Europe and U.S. futures all soaring. China is very bullish on its second-half recovery, and in the capital markets—for investors, that’s …

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Stocks just notched a quarter for the record books. Here\’s why the rest of the year is so uncertain

Good morning, Bull Sheeters. We made it! Welcome to 2H. The first half ended yesterday on a high note—in sheer defiance of all the unnerving geopolitical and pandemic news. There are escalating tensions between Hong Kong and Beijing, and between Washington and Beijing. And, Dr. Anthony Fauci told Congress yesterday that America is “going in …

Stocks just notched a quarter for the record books. Here\’s why the rest of the year is so uncertain Read More »

Is a second wave inevitable? The stock markets seem to think so

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. Buckle up. Equities are facing a bumpy ride this morning as second-wave jitters grip the markets. That’s despite economies continuing to reopen. Let’s check in on the …

Is a second wave inevitable? The stock markets seem to think so Read More »