Oil Prices Soar as Saudi Arabia Announces 1 Million Barrel Production Cut
Brent crude futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel
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Brent crude futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel
Oil prices rise as Saudi Arabia pledges further production cuts. OPEC+ deal and macroeconomic factors impact global oil markets. Market assessment and price projections discussed.
So, kinda like your second husband. kinda. it's good to be in (good hands). >> jenna: investors a bit more optimistic today with the dow up slightly thanks in part to gains in the technology sector. plenty of questions remain. one day after turmoil over the president's controversy caused the biggest sell off this year. let's go live to the floor of the new york stock exchange. lori? >> what a difference a day makes, jenna. stocks are not only rebounding, but rebounding big, one day after the selloff for the u.s. stock market. dow about session high, gain of 138 points. yesterday's losers today...