Oil prices firm on signs of U.S. production slowdown

Oil prices firm on signs of U.S. production slowdown

Oil prices firm on signs of U.S. production slowdown

Brent crude futures, the international benchmark for oil prices, were at $49.08 per barrel at 0126 GMT, up 17 cents, or 0.35 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $46.70 per barrel, up 16 cents, or 0.34 percent. Traders and analysts said the rising prices were a result of strong demand as well as signs that a relentless climb in U.S. oil production was slowing down.


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Eaton Vance fund managers see major upside for healthcare stocks -Barron’s

The portfolio managers of the $1.2 billion Eaton Vance Worldwide Health Sciences fund are expecting big gains from a trio of healthcare stocks. Jason Kritzer and Samantha Pandolfi, co-managers of the fund, highlighted Vertex Pharmaceuticals, Zoetis and Shire for future outperformance in an article in Barron's. Pandolfi says she sees 15 percent upside for drugmaker Zoetis and 40 percent upside for Dublin-based drugmaker Shire.


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