Category: finishes
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Oil finishes the week sharply lower as the OPEC rumour mill begins
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WTI Weekly West Texas Intermediate crude had a poor end to the week, falling $2.33 to $73.57 on Friday. Oil prices rose sharply at the start of the week and remained in positive territory early today, but retreated when Reuters reported, citing sources, that OPEC still plans to start gradually…
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Oil finishes the week sharply lower as the OPEC rumour mill begins
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WTI Weekly West Texas Intermediate crude had a poor end to the week, falling $2.33 to $73.57 on Friday. Oil prices rose sharply at the start of the week and remained in positive territory early today, but retreated when Reuters reported, citing sources, that OPEC still plans to start gradually…
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S&P 500 marks a loss for holiday-shortened week, but finishes May with a win
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Standard & Poor’s 500 (SP500) on Friday decreased by 0.51% The week ended at 5277.51 points, recording losses in two out of four sessions in the week shortened by the Memorial Day holiday. The accompanying SPDR S&P 500 ETF (NYSEARCA: SPY) Precipitation 0.39%. In the holiday-shortened week, the benchmark index…