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Goldman Sachs has cut its oil-price forecasts following a decision by OPEC+ to boost production by 411,000 barrels per day starting in June, the second-straight monthly increase for the cartel. Goldma ...
Crude futures slid after OPEC+ agreed to raise output by 411,000 barrels a day in June, speeding up the gradual return of 2.2 million barrels a day in voluntary production cuts.
Some analysts have dubbed the broad-based selloff of U.S. stocks, Treasuries, and the dollar the "Sell America" trade. U.S. stocks were mixed. Trade policy is still looming large as markets also await ...
--Soybeans for July delivery fell 1.1%, to $10.46 a bushel.
Oil prices fell by more than $1 a barrel on Monday to settle at multi-year lows, as an OPEC+ decision to expedite its output ...
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