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Stock impact report

Commodity Roundup: Oil down on surprise crude build; cocoa holds near record levels [Seeking Alpha]

Mondelez International, Inc. - Class A (MDLZ) 
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
Company Research Source: Seeking Alpha
week, and on signs that OPEC+ were unlikely to change their output policy at the next meeting. A more than expected crude build implies weaker demand and is bearish for crude prices. Official government data will be published on Wednesday at 10:30 a.m. EDT (1430 GMT). The Organization of the Petroleum Exporting Countries and allies led by Russia, known as OPEC+, will hold an online joint ministerial monitoring committee meeting on April 3 to review the market and members' implementation of output cuts. However, the producer group is unlikely to make any oil output policy changes until a full ministerial gathering in June, Reuters reported. J.P. Morgan Commodities Research meanwhile argued, Russian government's order to companies to reduce oil output in the second quarter, could push Brent oil price to $90 already in April, reach mid-$90 by May and close to $100 by September, keeping pressure on the U.S. administration in the run-up to elections. U.S. gasoline prices are likely t Show less Read more
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