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Diesel Market In 2021: Something Closer To Normalcy Likely On Tap
Thursday, January 7, 2021 - 9:38am | 1420Read More...The crude oil and diesel markets are entering 2021 on a bullish run, with the primary commodity exchange price of diesel just about where it was when the pandemic put the final dagger into prices in early March and with OPEC and its OPEC+ brethren shocking markets with a decision on further...
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Crude Futures Rise On OPEC+ Output Compromise, Potential Brent Oil Benchmark Addition
Friday, December 4, 2020 - 7:08am | 513Read More...Crude prices and United States Oil Fund LP (NYSE: USO) are rising after the Oil and Petroleum Exporting Countries and allies (OPEC+) agreed to taper production cuts in January 2021 gradually. According to Bloomberg, the group members will hold monthly discussions to decide the next...
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Monday's Market Minute: Indices & Coronavirus On The Rise Into Year's End
Monday, November 30, 2020 - 10:29am | 247Read More...We begin this week much like how we ended last week, with investors focused on indices into or near all-time highs, coronavirus numbers on the rise, ecodata, and recent price activity in bitcoin, gold, and oil. We should begin with the U.S. indices at or near all-time highs, as well as global...
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Fintech Focus For November 17, 2020
Monday, November 16, 2020 - 6:48pm | 2009Read More...Quote Of The Day: Let us always meet each other with a smile, for the smile is the beginning of love. - Mother Teresa Fintech Movers: So far, in 2020 (January to October), FinTechs have raised approximately $35.69 billion compared to the $37.07 billion raised in the same period in 2019. - MEDICI...
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Oil Prices Rise On Hopes Of OPEC+ Extending Supply Curbs
Thursday, November 12, 2020 - 3:20am | 470Read More...Crude oil prices have gained more than 11% during the week after news of Pfizer Inc. (NYSE: PFE) vaccine's efficacy on Monday. Rising COVID-19 cases have also raised hopes of the market with expectations of major oil producers holding off the planned crude oil supply increase until...
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Fintech Focus For November 10, 2020
Monday, November 9, 2020 - 5:42pm | 2688Read More...Quote Of The Day: A dying man can do nothing easy. - Benjamin Franklin Fintech Movers: The rise of new financial technologies will call for new approaches to regulation, Federal Reserve Bank of Cleveland President Loretta Mester said Monday. - WSJ UK fintech industry braces for Brexit. Mastercard...
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Fintech Focus For November 4, 2020
Tuesday, November 3, 2020 - 7:01pm | 1908Read More...Quote Of The Day: The question isn't who is going to let me; it's who is going to stop me. - Ayn Rand Fintech Movers: Voice technology has the potential to improve financial services in more ways than just convenience and accessibility. - SDK.finance Alameda invests $3M in 3Commas. Schwab...
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Fintech Focus For October 14, 2020
Tuesday, October 13, 2020 - 7:31pm | 2432Read More...Quote Of The Day: I never dreamed about success, I worked for it. - Estee Lauder Fintech Movers: After years of working in and around Ethereum, Jonathan Perkins, alongside John and Charles Crain, founded SuperRare in 2017 on the back of a new non-fungible token (NFT) standard. Now, SuperRare...
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Fintech Focus For October 1, 2020
Wednesday, September 30, 2020 - 6:01pm | 2198Read More...Quote Of The Day: Wars are poor chisels for carving out peaceful tomorrows. - Martin Luther King, Jr. Fintech Movers: Insurtech has emerged as a major draw for VC investment, with the space attracting more than $6B in funding last year. - CB Insights Iownit intros a DLT for private markets. How...
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BP Calls Out Oil Demand Peak, OPEC Cuts 2021 Outlook
Monday, September 14, 2020 - 1:45pm | 415Read More...BP plc (NYSE: BP) became the first major oil company to call out an oil demand peak in its energy outlook report on Monday. The company said oil demand may not return to pre-coronavirus levels. This is a contrarian view, as most energy giants and OPEC ministers think oil consumption will see...
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This Day In Market History: OPEC Formed
Monday, September 14, 2020 - 6:36am | 284Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1960, Iraq, Iran, Kuwait, Venezuela and Saudi Arabia joined to form the Organization of the Petroleum Exporting Countries. Where The Market Was: The Dow Jones Industrial...
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'Psychological Milestone': Stock Market Update For The Week Ahead
Sunday, August 23, 2020 - 1:56pm | 2252Read More...The Last Week In A Nutshell What Happened: “The market has taken us on a roller coaster ride that no one would have believed — from the depths of March 2020, when we dropped to a level last seen in 2016 (e.g., $2,237.40 on the S&P 500) to a 51% rally back to reclaim an all...
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Fintech Focus For July 29, 2020
Wednesday, July 29, 2020 - 4:25pm | 2166Read More...Daily Perspective: Opportunities multiply as they are seized. - Art Of War Fintech Movers: Startups like Atomic, Astra, and Canopy are already starting to build gateless, autonomous fintech products. When they arrive, the future of money will look very little like the past. - Forbes TradeZero...
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Fintech Focus For July 16, 2020
Thursday, July 16, 2020 - 9:10am | 1970Read More...Daily Perspective: On the whole, human beings want to be good, but not too good, and not quite all the time. - George Orwell Fintech Movers: TradeZero America, a commission-free trading platform, formally announced a sponsorship deal with Barstool Sports founder Dave Portnoy. - Benzinga Beaxy,...
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OPEC Warns Second 'Strong Wave' Of Coronavirus Will Lead To Drop In Oil Demand
Wednesday, July 15, 2020 - 12:03pm | 373Read More...The Organization of the Petroleum Exporting Countries held a Joint Ministerial Monitoring Committee meeting on Wednesday to discuss supply cuts. OPEC+ sources say the committee is aligned to ease oil production cuts. So far, the Saudi and Russian energy ministers both support the tapering of cuts....
