When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
OPEC+
The driving force behind the initial drop in oil prices was the spread of Covid-19 in China and, eventually, into other parts of the world. Lower energy demand cut the price of oil, placing the petro-economies of OPEC+ on high alert. Supply reductions were expected. This would support prices.
In early February, members of the alliance recommended reducing production by an additional 600,000 b/d. But Russia hesitated. Energy Minister Alexander Novak insisted on more time to assess the situation.
Unlike Saudi Arabia, Russia can sustain much deeper price drops. To reach a fiscal break-even