Futures Movers: Global oil benchmark ends at 6-week low on expectations for OPEC output hike [MarketWatch]
Intercontinental Exchange Inc. (ICE)
Last intercontinental exchange inc. earnings: 4/30 07:30 am
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Source: MarketWatch
Global oil benchmark ends at 6-week low on expectations for OPEC output hike Oil futures dropped sharply Friday, ending the week lower, with global benchmark Brent crude settling at a more-than-six-week low on expectations OPEC and its allies will agree next week to boost output. August Brent crude LCOQ8, -3.32% the global benchmark, declined by $2.50, or 3.3%, to $73.44 a barrel on ICE Futures Europe. That’s the lowest settlement since May 2, and they suffered a loss of roughly 4% for the week, according to FactSet data. July West Texas Intermediate crude CLN8, -3.08% the U.S. benchmark traded on the New York Mercantile Exchange, lost $1.83, or 2.7%, to settle at $65.06 a barrel, pulling back after a four-session climb. It saw its lowest finish since June 6 and lost about 1% for the week. Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries, is considering an output boost of 500,000 to 1 million barrels a day, while Russia is weighing a ris
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News
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- Intercontinental Exchange, Inc. (NYSE: ICE) had its price target lowered by analysts at Bank of America Co. from $156.00 to $153.00. They now have a "buy" rating on the stock.MarketBeat
ICE
Earnings
- 2/8/24 - Beat
ICE
Sec Filings
- 4/5/24 - Form 4
- 4/3/24 - Form 144
- 4/3/24 - Form 144
- ICE's page on the SEC website