(Bloomberg) -- Oil declined from a five-month high in New York with the U.S. Federal Reserve and OPEC+ sounding caution on the demand recovery as many countries struggle to contain the coronavirus.Futures fell 0.8% to below $43 a barrel amid a broader slide in equities after minutes from the Fed said the pandemic would weigh heavily on economic activity, repeating its view that the recovery would depend on containment of the virus. OPEC+ also warned at a meeting Wednesday that the pace of the demand rebound was slower than expected and at risk from a prolonged second wave of the outbreak, while also urging laggards to adhere to their output pledges.Oil has inched higher recently after a rally stalled in June, but is struggling to push past $43 a barrel as surging infections raise doubts about a sustained recovery in consumption. Prices have also closely followed the dollar this month, with...
TrovaCV will offer its industrial model and manufacturing capability to other commercial vehicle OEMs while developing its own fully electric vehicle. ...
TrovaCV will offer its industrial model and manufacturing capability to other commercial vehicle OEMs while developing its own fully electric vehicle. ...
Stock futures fell Thursday morning as investors awaited the Labor Department’s weekly jobless claims report and another handful of earnings results before the bell....
