Oil firms as stock markets steady [CNBC]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: CNBC
Getty Images An oil pump jack in the oil town of Gonzales, Texas. Oil prices rose on Monday, steadying from steep losses as calmer stock markets found their footing after tumbling in last week's chaotic trading. Looming over oil markets, however, was rising production in the United States which is undermining efforts led by the Organization of the Petroleum Exporting Countries (OPEC) and Russia to tighten markets and prop up prices. Brent crude futures were at $63.20 per barrel at 0117 GMT, up 41 cents, or 0.7 percent, from the previous close. U.S. West Texas Intermediate (WTI) crude futures were at $59.68 a barrel. That was up 48 cents, or 0.8 percent, from their last settlement. The firmer prices came after crude registered its biggest loss in two years last week as stock markets slumped . But with U.S. stock markets rebounding on Friday and Asian markets seemingly steadying on Monday, analysts said crude was also supported. Th
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GE
Earnings
- 4/23/24 - Beat
GE
Sec Filings
- 4/23/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/15/24 - Form 3
- GE's page on the SEC website