Oil Posts Weekly Gain
Oil rose on Friday, cementing a gain for the week, as macroeconomic trends suggested stronger demand globally.
Source: rigzone.com
Page 2 - Greg Sharenow News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Greg Sharenow. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Greg Sharenow Today - Breaking & Trending Today
Before the Bell: ASX to open lower as Wall Street braces for uncertainty over US debt ceiling
Australian shares are set to open lower as markets return to uncertainty over the political impasse in the US.
Source: afr.com
PIMCO Launches Commodity Strategy Active ETF
Pacific Investment Management Co. has launched the actively managed PIMCO Commodity Strategy Active ETF on the NYSE.
Source: etftrends.com
Pimco Sees Banking Turmoil as Threat to USA Oil, Gas Production
US oil futures plunged to levels not seen since December 2021 on Wednesday.
Source: rigzone.com
Pimco: U.S. oil, gas production may decline amidst multiple banking crises
The combination of tightening credit conditions and lower energy prices has the potential to constrain U.S. driller spending, or lead OPEC+ to review their output targets, “altering the forward outlook for oil and gas supplies in a non-trivial way,” Pimco's Greg Sharenow said.
Source: worldoil.com