US sharemarkets finished higher on Monday despite trade concerns. There is a July 6 deadline for US tariffs on US$34 billion of Chinese goods with uncertainty about the response from China. Technology led the gains while the energy sector eased in response to lower oil prices. After being down by 193 points, the Dow Jones ended higher by 36 points
Global oil prices fell on Monday after data showed a lift in global oil production. "Production from the Organization of the Petroleum Exporting ...
US sharemarkets finished higher on Monday despite trade concerns. There is a July 6 deadline for US tariffs on US$34 billion of Chinese goods with uncertainty about the response from China. Technology led the gains while the energy sector eased in response to lower oil prices. After being down by 193 points, the Dow Jones ended higher by 36 points
Global oil prices fell on Monday after data showed a lift in global oil production. "Production from the Organization of the Petroleum Exporting Countries increased by 320,000 barrels per day(bpd) in June, according to a Reuters survey published Monday. The 12 OPEC members with supply reduction targets increased output by 680,000 bpd compared to May." Output from Saudi Arabia was up by 700,000 bpd with Russian output up 160,000 bpd.
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