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18,537.81 +223.95 (+1.22%) CRUDE OIL
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Crude Oil May 27 (CLK27.NYM)
- Yahoo Finance Video
Oil prices stabilize, Wall Street expects OPEC+ to extend cuts
Crude oil futures (CL=F, BZ=F) stabilize on a surprise inventory drop. Yahoo Finance Senior Reporter Ines Ferré joins Catalysts to discuss oil price trends seen in May so far as Wall Street anticipates OPEC+ to extend its production cuts. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
- Yahoo Finance
Oil steadies on surprise inventory drop, but futures still down 8% from April peak
Oil has been on a downward trend since April. Falling stockpiles reversed earlier morning losses Wednesday.
- Yahoo Finance Video
Commodities rally on slip in US dollar value
Investors are closely monitoring the commodity sector, which is experiencing a broad-based rally as the U.S. dollar (DX-Y.NYB) exhibits signs of weakness. Commodities like copper (HG=F) and gold futures (GC=F) are among the notable gainers, capitalizing on the dollar's softening momentum. Yahoo Finance Senior Markets Reporter Jared Blikre breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
