Thursday, November 29, 2018

Oil prices dip on swelling US supply; OPEC output cuts loom

Oil prices dip on swelling US supply; OPEC output cuts loom Crude reserves increased 6.4 billion barrels, or 19.5 percent, to 39.2 billion barrels at year-end 2017, marginally higher than the previous record of 39 billion barrels set in 1970.

from Moneycontrol Business News https://ift.tt/2rcheOA

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...