Colgate-Palmolive Company (CL)
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- Investing.com
Oil prices settle lower on dollar strength, ongoing supply surplus concerns
Oil prices settled lower Tuesday, as a stronger dollar and fears about supply outstripping demand remain front and center, offsetting a potential supply risk from ongoing tensions in the Middle East. The dollar rose, weighing on oil prices, despite falling Treasury yields fell amid data pointing to weakness in the labor market as labor demand fell to a two-year low. Sentiment on oil prices continued to be soured concerns that the Organization of the Petroleum Exporting Countries and allies, including Russia, a group known as OPEC+, agreements on Nov. 30 to take 2.2 million barrels a day offline early next year may not be enough to curb a potential supply surplus.
- Investing.com
Oil prices settled lower as supply concerns overshadow fresh geopolitical jitters
"Crude oil price near USD80/bbl looks underpriced as market is in deficit and inventories are low. Further, geopolitical risks are still looming, a wider conflict in the Middle East will be a potential downside supply risk," ANZ Research said in a note. "If the US tightens its sanctions against Iran and Russia and OPEC+ voluntary cuts go as per plan, this severely tighten the market balance. "
- Insider Monkey
10 Monthly Dividend Stocks To Buy and Hold Forever
In this article, we discuss 10 monthly dividend stocks to buy and hold forever. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read 5 Monthly Dividend Stocks To Buy and Hold Forever. In recent times, dividend stocks have become increasingly popular, mainly due to […]
