OPEC+ deal could boost oil prices, but oversupply remains
An oil producer deal to make record output cuts will lend some support this week to oil prices that have lost half their value this year...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Canada welcomes oil cut deal, says it is committed to achieving price certainty
Canada on Sunday formally welcomed a deal by OPEC and allies to cut oil output by a record amount, saying Ottawa was committed to achieving price...
Kremlin says leaders of Russia, U.S., Saudi Arabia support OPEC+ oil deal
Russian President Vladimir Putin, U.S. President Donald Trump and Saudi Arabia's King Salman all supported the OPEC+ deal to cut global crude output, the Kremlin said...
UAE committed to reducing oil production from its current 4.1 million bpd: Energy minister
The United Arab Emirates is committed to reducing oil production from its current level of 4.1 million barrels per day (MBOPD), energy minister Suhail Al Mazrouei...
Mexico to cut oil output by 100,000 bpd from May: officials
Mexico will reduce its oil output by 100,000 barrels per day (bpd) from May after top oil producers collectively agreed to cut production by 9.7 million...
EU's Vestager says EU nations should buy stakes to block Chinese takeovers: FT
The European Union's competition chief told the Financial Times that member countries should buy stakes in companies to counter the threat of Chinese takeovers, with her...
Kazakhstan confirms global deal to cut oil output by 9.7 million bpd
Kazakhastan's Energy Ministry said on Sunday it confirmed reports that the OPEC+ group of countries had agreed to cut the global oil output by 9.7 million...
OPEC+ agrees largest ever oil output cut of 9.7 million bpd: sources
OPEC, Russia and other oil producing nations agreed on Sunday to cut output by a record amount, representing around 10% of global supply, to support oil...
Mexico's energy minister says oil producers agreed to cut output by 9.7 mln bpd from May
Mexico's Energy Minister Rocio Nahle said on Sunday oil producers unanimously agreed to cut output by 9.7 million barrels per day from May at OPEC+ talks...
OPEC, Russia approve biggest ever oil cut amid coronavirus pandemic
OPEC, Russia and other oil producing nations agreed on Sunday to cut output by a record amount, representing around 10% of global supply, to support oil...
OPEC, Russia meet again to approve biggest ever oil cut
OPEC, Russia and other oil producing nations were meeting on Sunday in a bid to clinch a deal on the biggest oil cut ever, amounting to...
Smithfield shutting U.S. pork plant indefinitely, warns of meat shortages during pandemic
Smithfield Foods, the world's biggest pork processor, said on Sunday it will shut a U.S. plant indefinitely due to a rash of coronavirus cases among employees...
Russian, Saudi ministers to chair OPEC+ meeting on Sunday: Azerbaijan
Russian Energy Minister Alexander Novak and Saudi Energy Minister Prince Abdulaziz bin Salman will chair an OPEC and non-OPEC online meeting later on Sunday, the Azerbaijan...
Here's what advisors are doing to help clients — and themselves — amid coronavirus volatility
As markets careeen amid coronavirus-fueled economic volatility, financial advisors are at the eye of the storm. We asked five members of the CNBC Financial Advisor Council...
OPEC, allies to confer on Sunday to try to end standoff over cuts plan: sources
OPEC and its allies will hold a virtual meeting on Sunday evening in a bid to end a standoff that has prevented the finalisation of a...