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Stock impact report

Oil Near $66 as Traders Assess OPEC Compromise and Trump Tariff [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
LISTEN TO ARTICLE 2:23 Oil traded near $66 a barrel as traders assessed OPEC’s discussions for a compromise over a production increase as well as escalating trade tensions between the world’s two biggest economies. Futures in New York were little changed after a 1.2 percent gain Monday. Members of OPEC are discussing an agreement that would boost output between 300,000 to 600,000 barrels a day over the next few months, an attempt to bridge the gap between Russia’s push for a big gain and Iran’s insistence that no change is needed. Meanwhile, President Donald Trump directed U.S. officials to identify another $200 billion worth of Chinese goods for additional tariffs. Crude has been whipsawed this month amid speculation the growing trade spat between the U.S. and China could curtail economic expansion and limit oil demand growth, and as Saudi Arabia and Russia signaled plans to raise production. Prices in London have lost more than 3 percent Show less Read more
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