Russian President Putin held a call with Saudi Crown Prince MBS, Tass reports; the leaders discussed OPEC+, IFX reports; details light
The reported call between Putin and MBS suggests a potential alignment on OPEC+ strategies, which could influence oil supply dynamics and prices.
PayPal (PYPL) CFO says e-commerce growth has been challenging in key verticals and markets - comments made during earnings call; says the Co. is no longer committed to the specific 2027 outlook provided at last year's investor day
United Airlines (UAL) files for USD 1bln senior notes offering due 2029, SEC filing shows
Russian President Putin held a call with Saudi Crown Prince MBS, Tass reports; the leaders discussed OPEC+, IFX reports; details light
Fed's Barkin (2027 voter) says firms say demand is fine and are not doing layoffs at scale; expects progress on inflation, which remains above target
Maersk (MAERSKB DC) and Hapag-Lloyd (HLAG GY) have decided to change the routing of one of their shared services under the Gemini Cooperation, transitioning it through the Red Sea and the Suez Canal
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Given the current energy market volatility, any hint of coordinated action could impact commodities, particularly crude, while also affecting currencies tied to energy exports like the Russian ruble and the Saudi riyal. Traders should monitor for further details that could clarify the discussions' implications for global energy policy and market sentiment.
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