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Oil

Global Markets

Global Stock Markets Mostly Weaker; Focus On OPEC Meeting Wednesday

World equity markets were mostly weaker overnight. U.S. stock indexes are pointed toward weaker openings when the New York day session begins. Traders and investors worldwide are anxiously awaiting the results of this week's OPEC oil cartel meeting.

Some reckon OPEC may be able to come to a final agreement to cut production, as the cartel reported in September

Global Markets

World Markets Subdued, Awaiting Reopen of U.S. Markets After Thanksgiving Holiday

Global stock markets were narrowly mixed in quieter trading Friday, and awaiting the open of U.S. markets that were closed on Thursday for the Thanksgiving holiday. Japan's Nikkei stock index hit a 10-month high Friday amid the recent decline in the Japanese yen against the U.S. dollar.

U.S. stock indexes are pointed toward firmer openings when the New York day session begins.

Global Markets

World Marketplace Quieter Ahead Of U.S. Thanksgiving Holiday

World equity markets were mixed in quieter trade Wednesday. U.S. stock indexes are pointed toward slightly lower openings when the New York day session beings. The U.S. Thanksgiving holiday on Thursday will keep the world marketplace somewhat muted the rest of this week. The major U.S. stock indexes have this week hit record highs, in the aftermath of the surprise U.S. presidential election that resulted in a win by Donald Trump.

Gold prices are trading near steady in early U.S. dealings.

Oil

The Crude Oil Price Today Drops Ahead of OPEC Meeting

The WTI crude oil price today is down 1%, but it's up 3% since last week as the approaching OPEC meeting has increased oil price volatility.

While the price of oil has been volatile over the last few months, it's been especially volatile this week. Here's why...

Global Markets

World Stock Markets Higher Amid Rallies In Key Commodity Markets And Trump Effect

Global stock markets were mostly firmer Tuesday, boosted by generally higher raw commodity market prices, led by crude oil. Nymex crude oil futures prices hit a three-week high overnight and are closing in on $50.00 a barrel. Energy market watchers now reckon the OPEC oil cartel may be able to come to a final agreement to cut production at next week's meeting. Iran and Iraq are reportedly backing the production-cut plan.

U.S. stock indexes are pointed toward higher openings when the New York day session begins.

Global Markets

Global Stock Markets, Precious Metals, Lifted By Hopes For Increased Demand From China

World stock markets were mixed to firmer overnight, but selling pressure was limited by higher crude oil and precious metals prices, which in turn supported energy and mining stocks.

Asian stock markets and precious metals markets were supported by comments from China's President Xi Jinping, who said his country will back a free trade area in the Asian region. That could mean more demand for raw commodities coming from China, the world's second-largest economy.

U.S. stock indexes are pointed toward firmer openings when the New York day session begins.

Oil

3 Wolfcamp Shale Stocks to Watch Now

Engineers have just made a massive discovery in the Wolfcamp shale in Texas. And that's why we're bringing readers three of the best Wolfcamp shale stocks to watch now.

The Wolfcamp shale could end up being the key to American energy independence, and the profit opportunity could be massive.

Here are the top Wolfcamp stocks...

Global Markets

Strong U.S. Dollar, Rising Bond Yields Pressure Global Stock Markets Friday

Global equity markets were under pressure Friday as the rout in world bond markets continues, amid ideas that better world economic growth and more spending (led by the U.S.) will push interest rates higher and reignite some inflationary price pressures. Some profit taking from recent gains is also featured in world stock indexes Friday. U.S. stock indexes are pointed toward weaker openings when the New York day session begins.

Gold prices are moderately lower and fell to a nine-month low overnight.

Global Markets

World Markets Quieter Ahead Of Busy Day For U.S. Economic Data, Yellen Testimony

World stock markets were mixed to firmer in lackluster trading overnight, ahead of several important U.S. economic reports due for release today. U.S. stock indexes are pointed toward slightly higher openings when the New York day session begins.

U.S. economic data due for release Thursday includes the weekly jobless claims report, the consumer price index, real earnings, the Philadelphia Fed business survey, and new residential construction.

Oil

Why the Price of Crude Oil Today Is Falling

The price of crude oil today (Wednesday) is falling amid a rising dollar and increasing stockpiles.

Also pressuring crude oil prices today is the impact from investors taking bets off the table as they wait for an OPEC deal to develop.

Here are the details...