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Stock impact report

Oil Swings Back Up as OPEC's Drama Is Set to Go Down to the Wire [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
Producer group backs raising output despite Iran’s opposition Brent advances as much as 1.6% after sliding 2.3% on Thursday LISTEN TO ARTICLE 4:15 Oil’s being whipsawed as days of drama over OPEC’s next steps comes to a head in Vienna. Futures in London are back up over 1 percent after sliding the past three days. Speculation is mounting over whether the group will boost output and by how much as it faces internal strife, pressure from consumers and criticism from U.S. President Donald Trump. The latest twist in the action came on Thursday night, when producers including Saudi Arabia and Russia reached a preliminary deal to pump more despite Iranian opposition. While the pact recommends that OPEC and its allies raise supply by 1 million barrels a day, the market’s still gripped by uncertainty. That’s because the figure is nominal and the actual gain may be smaller as several Show less Read more
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