ReutersOil, bank stocks send S&P, Dow to record highsReutersOil prices surged 8 percent after Kuwait's oil minister said the OPEC had agreed to cut production to 32.5 million barrels per day. [O/R]. The S&P 500 energy sector soared as much as 5 …
ReutersOil, bank stocks lift S&P, Dow to record levelsReutersOPEC agreed to cut production to 32.5 million barrels per day, Kuwait's oil minister said. The cuts include Iraq reducing output by 200,000 bpd to 4.351 million beginning in January. Oil …
ReutersOil rally boosts equity markets; US stocks near peakReuters"I am quite surprised to see oil moving higher - every time we get these discussions about OPEC agreements and production cuts, they always fall apart, nobody sticks to them - the oil c …