SEOUL, South Korea (AP) — Asian stock markets were marginally higher Friday, after an overnight recovery of technology stocks on Wall Street. An agreement among key crude exporting countries to extend oil output cuts boosted …
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Norway’s central bank recommended today that the nation’s giant sovereign wealth fund should dump its holdings of oil and gas stocks, which make up about 6% of the fund’s benchmark equity index, worth a whopping $37 billion in assets. …
Wall Street shares eased back from earlier losses on a day of turmoil on global markets when the plunging oil price again panicked investors. The Dow Jones and S&P 500 indexes closed 1.56% and 1.2% down, after tumbling more than 3% …
Out of all the major commodities-stocks sectors that are thriving in today’s commodities bull, oil stocks are probably the surest thing. While their ultimate returns won’t be as high as smaller high-flying sectors like precious-metals stocks, oil ...
Oil prices gained on Feb. 16 as the dollar slipped to a three-year low and global stocks headed for their biggest weekly gain in six years. U.S. West Texas Intermediate crude for March delivery was up 6 cents at $61.40 a barrel (bbl) by …