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Thursday, May 04, 2017 6:24:27 AM
Energy in spotlight: Several U.S. energy firms will publish results on Thursday. Apache (APA), Occidental Petroleum (OXY) and Chesapeake Energy (CHK) are all scheduled to report before the opening bell.
Oil prices have dipped below $50 per barrel in recent days as optimism over a production cut strategy agreed between major producers has faded. The idea was that production cuts would get rid of excess supply and help support prices. American producers, however, have increased their activity.
U.S. crude oil futures were trading 0.8% down early Thursday, at $47.45 per barrel.
Health care bill vote: The House will vote on a bill to repeal and replace Obamacare on Thursday.
$STUDY anyone who has burning questions about options NEEDS to ask Rachel today. Join in 12PM!
Stocktwits
3 Shares
This Thursday, at 12 PM ET, we're hosting
Oil prices have dipped below $50 per barrel in recent days as optimism over a production cut strategy agreed between major producers has faded. The idea was that production cuts would get rid of excess supply and help support prices. American producers, however, have increased their activity.
U.S. crude oil futures were trading 0.8% down early Thursday, at $47.45 per barrel.
Health care bill vote: The House will vote on a bill to repeal and replace Obamacare on Thursday.
$STUDY anyone who has burning questions about options NEEDS to ask Rachel today. Join in 12PM!
Stocktwits
3 Shares
This Thursday, at 12 PM ET, we're hosting
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