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Stock impact report

Oil tanks 7% amid 'panic selling' as Trump tariffs, OPEC+ supply increases send prices reeling [Yahoo! Finance Canada]

BOK Financial Corporation (BOKF) 
Last bok financial corporation earnings: 4/22 07:55 am Check Earnings Report
US:NASDAQ Investor Relations: bokf.com
Oil futures tanked more than 7% on Thursday morning as Trump's tariffs sent financial markets reeling and new global supply developments suggested balance in the global oil market would remain under pressure. Near 11 a.m. ET on Thursday, the price of West Texas Intermediate ( CL=F ) crude oil, the US benchmark, fell over 7.5% to trade near $66.10 per barrel. Brent ( BZ=F ) crude oil, the international benchmark, was down over 7% to trade below $70 a barrel. "The panic selling that's occurring is very likely an over-exaggeration of the true fundamentals. Near term however there's a lot of unknowns so you're seeing a lot of funds unwind positions," Dennis Kissler, senior vice president for trading at BOK Financial Securities, told Yahoo Finance on Thursday morning. Following Trump's tariff announcement on Wednesday, the Organization of Petroleum Exporting Countries and its allies, OPEC+, agreed to hike supply more than expected beginning in May. “Markets are still digesting tar Show less Read more
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