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Stock impact report

Futures Movers: Crude futures attempt to rebound from biggest drop in a month [MarketWatch]

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
Company Research Source: MarketWatch
Crude futures attempt to rebound from biggest drop in a month Global oil prices recovered slightly Thursday, on the heels of the sharpest fall since early March on an unexpected build up in U.S. crude inventories last week. The 3.3-million barrel rise in U.S. crude stocks deepened concerns that the ongoing production cuts by the Organization of the Petroleum Exporting Countries and Russia aren’t effectively reducing the glut of oil that has suppressed oil prices for over two years. Read: Oil ends at 1-month low as U.S. supplies rise for the first time in 9 weeks Analysts say the price benefits of the cuts have largely flowed to U.S. shale producers, which are aggressively expanding their operations and raising their oil exports. Although last week’s daily crude production ebbed from the previous week, it remained above the 9.3 million barrels level. On the New York Mercantile Exchange, light, sweet crude futures for delivery in July CLN7, +0.63% traded at $46 a barrel, up 28 cen Show less Read more
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