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Stock impact report

Oil prices ease on prospect of persistently high US interest rates [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
longer and easing tensions in the Middle East dampened supply concerns. The market largely shrugged off sanctions on Venezuela and Iran. Brent futures fell 23 cents, or 0.3%, to $86.88 a barrel by 0037 GMT. U.S. crude fell 25 cents to $82.48 per barrel, also down 0.3%. The number of Americans filing new jobless claims was unchanged at a low level last week, pointing to continued labor market strength. That reinforced views the Federal Reserve would keep rates higher for longer, which could dampen oil demand. The European Central Bank, meanwhile indicated that an interest rate cut is coming in June, while in China, the world's biggest oil importer, central bank officials said the bank could take further steps to support the economy as real credit demand weakens. In global crude oil supply, Venezuela lost a key U.S. license allowing the OPEC member to export oil to markets globally. The U.S. also announced sanctions on Iran, another OPEC member, targeting after the country's dro Show less Read more
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