Oil prices rose on Wednesday (Feb 2)สล็อตฝากวอเลทon US petroleum reserves. And after OPEC Plus continues to hold on to plans to increase production slightly. despite pressure from the top consumer nations to move faster Wall Street closed up on the back of the company's earnings. while gold hit its highest level in a week
West Texas Crude Oil Contract Intermedia or light sweets March delivery was up 6 cents to close at $88.26 a barrel. Brent North Sea London April delivery was up 31 cents to close at $89.47 a barrel.
US Energy Information Administration A report released on Wednesday (Feb 2) found that the country's crude inventories fell by 1 million barrels last week. Counter to what analysts expected to increase. Inventories of refined oil also fell amid strong domestic and export demand.
OPEC and allies in it including Russia Also known as OPEC Plus. The resolution remains based on previously agreed plans to increase production by 400,000 barrels per day. Ignore calls from major consumer nations for more production capacity. to prevent oil prices from rebounding higher than this
US stock market It closed in positive territory on Wednesday (Feb 2), a four-day gain in a row, boosted by Alphabet's better-than-expected earnings report. Google parent company
The Dow was up 224.09 points (0.63 percent) at 35,629.33 points S&P was up 42.84 points (0.94 percent) closed at 4589.38 points Nasdaq was up 71.54 points (0.50 percent) closed at 14,417.55 points.
Alphabet rebounded after it reported record quarterly sales on Tuesday and said it plans to announce a 20:1 stock split in hopes of boosting liquidity. pushing retail investors to reach more
A stock split is the division of one share into several parts. which makes the stocks have higher liquidity from the increasing number of shares and lower share price Attracting minors to invest in the company's shares more easily than before
Now, the market's attention has turned to Meta Platform, Inc., the parent company of Facebook. which rebounded before the earnings report after the close of trading. Returns to Amazon.com, Inc., which cut before Thursday's earnings report (Feb 3).
Gold prices on Wednesday (Feb. 2) rose for three days in a row, reaching a one-week high, with Comex gold for February delivery up $8.80 to close at $1,810.30 an ounce.
