Oil futures settled lower on Friday as COVID-19 restrictions in China fed worries about energy demand, but U.S. prices still marked their first gain in three weeks. “Oil markets remain volatile as China ramps up COVID restrictions, some U.S. oil giants signal modest commitments to boost production, and the global economic outlook continues to dim,” said Edward Moya, senior market analyst at OANDA. U.S. benchmark West Texas Intermediate crude for December delivery CLZ22,
DE 40 analysis: the index rises due to global optimism amid the US Fed rate cut
The DE 40 stock index is rising amid general investor optimism after the first US Federal Reserve interest rate cut in four years. However, the