Brent crude futures were down 0.79 percent to $63.83 per barrel. Oil prices have been especially vulnerable to the U.S. -Sino trade war, as analysts have remained concerned that a drawn-out trade war could reduce demand. "We see continued momentum in China ", said the IEA report. USA crude stocks clocked a surprise rise in the most recent week while gasoline and distillate inventories also rose, data from industry group the American Petroleum Institute shows.
The Nasdaq added 37.87 points, or 0.4%, to 8,654.05. The Fed had been expected to neither raise nor lower its benchmark interest rate, but major stock indexes still edged higher after the rate announcement and an accompanying statement giving an upbeat view of the economy.
Saudi Aramco shares opened up 10% on their Riyadh stock market debut on Wednesday, closing in on the $2 trillion valuation long sought by Saudi Crown Prince Mohammed bin Salman . That was considered too high for many worldwide investors, particularly as global oil prices are under pressure from rising production in other countries, particularly the United States, and amid a global push toward renewable energy.
It is, it's really incredible". Only five employees knew about the surprise prior to the announcement. MI foam-craft business FloraCraft a year ago gave its full-time employees US$4 million in Christmas bonuses, to thank them for their work.
As Guardian reported, French unions are staging a second round of mass street demonstrations as the country entered its sixth day of a nationwide strike and transport standstill over proposed plans to change the pension system. 10, 2019 in Paris . Said a poster held by a protester in Paris , repeating the promise of the 2017 president of "Making our planet great again". "The government is taking everybody for fools", the head of the CGT, Philippe Martinez, said in reaction to the prime ...
Investors braced for other political and economic news in a busy week. Contracts for the main US gauges also dropped, with traders holding back as they await news on whether Washington will go ahead with a planned December 15 tariff hike on imports from China.