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Stock impact report

Oil Extends Slide as Record U.S. Output Sparks Supply Glut Fears [Bloomberg Business News]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
U.S. production jumps to 10.25 million barrels a day: EIA data WTI trades below $62 for its longest losing streak since April Standard Chartered Bank Senior Economist MENA, Pakistan Bilal Khan discusses the price and production of oil. U.S. shale is once again threatening to derail oil’s recovery, with futures on course for their longest run of declines in nine months after American output hit new highs. Futures fell as much as 0.7 percent in New York, falling for a fifth day, after government data showed U.S. crude production jumped to a record 10.25 million barrels a day last week. Investors were also left disappointed after data showed American crude stockpiles rose, countering a separate industry report which pointed to a decrease. The U.S. continues to be the biggest adversary to the Organization of Petroleum Exporting Countries’ efforts to alleviate a global oversup Show less Read more
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