All Posts Tagged With: "Russia"

U.S. Stocks Open Higher on Surprise by Russia and Saudis

The week was set to start higher on Wall Street on Monday with the prices of oil rallying after Russia and Saudi Arabia called for an OPEC production cut extension. Futures for the DOW were up 59 points early Monday while, the same for the S&P 500 were higher by 5.3 points. Nasdaq futures were […]

Russia and Iran Could Cause Problems for Oil Deal in OPEC

Russia and Iran emerged as the potential deal breakers in the cutting of worldwide oil production, as OPEC or the Organization of Petroleum Exporting Countries engage in diplomacy prior to their meeting scheduled for Wednesday in Vienna. OPEC in September agreed to cut production to lower the oversupply globally of oil but left out the […]