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Oil Price - Stocks Edge Higher; Oil Prices, GameStop, Zoom And Dell In Focus - Five Things To Know
Stock futures nudge higher as dollar retreats; oil prices steady as OPEC report, demand bets unsettle markets; GameStop edges higher after reports of Carl Icahn short; Zoom slumps after cutting sales outlook in 'challenging' environment and Dell Technologies slips lower as profit outlook clouds solid Q3 earnings.
Oil Prices Edge Up As Softer Dollar Outweighs China Demand Concerns
Oil prices inched higher on Tuesday as the dollar eased, but global recession worries and concerns about China's rising COVID-19 case numbers denting demand from the world's top crude oil importer weighed on sentiment.
Oil Prices Plunge As Economic Woes Intensify—Here's Why That Means Gas Prices Could Soon Fall Below $3 Per Gallon
Everyone will be seeing relief at the pump this week, with even more substantial declines on the way,” says one analyst.
Column: Oil prices retreat as investor sentiment darkens
Oil prices were hit by an abrupt reversal of sentiment last week, with investors selling at the fastest rate for four months, as the economic outlook worsened and fears eased that the G7 price cap on Russian crude would disrupt its exports.