Oil jumps more than 30% on hope economy will reopen sooner than expected [CNBC]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: CNBC
VIDEO4:0904:09Rystad : Global crude storage capacity may reach the top in about 3-4 weeksWorldwide ExchangeOil prices jumped more than 30% on Wednesday following a report that showed a smaller-than-expected build in U.S. inventories, as well as on the hope that economies will reopen sooner than expected.West Texas IntermediateBrent crudeOptimism that economies will be able to re-open ahead of schedule rose after Gilead said early results of its coronavirus drug trial showed that at least50% of patients treated with a five-day dosage of antiviral drug remdesivir improvedStocks rose4.8% contraction for U.S. GDP in the first quarterOil prices also got a boost on a smaller-than-expected build in U.S. inventories. According to data from the U.S. Information Administration, crude stockpiles rose by 9 million barrels for the week ending April 24. This was lower than the 11.7 million barrel build analysts polled by FactSet had been expecting.The data also showed that U.S. production fell by
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MCO
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MCO
Earnings
- 10/23/25 - Beat
MCO
Sec Filings
- 12/3/25 - Form 144
- 12/2/25 - Form 4
- 12/1/25 - Form 144
- MCO's page on the SEC website