Stocks gained on Monday, looking to kick off August trading on a high note after a winning July.
Venezuela recently unveiled an ambitious oil production plan meant to get the country’s economy back on track, but is it even possible?
(Bloomberg) -- Oil tumbled by the most in two weeks as a fast-spreading delta variant posed a threat to demand and as economic data out of China signaled a slowdown.Futures in New York declined 3.6% on Monday. The virus is clouding the outlook for consumption as China faced a fresh outbreak and infections in Sydney matched a record. Amid the surge in cases, barrels from some key OPEC producers are hitting the market, also causing concern. Meanwhile, data indicated that China’s economic activity