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Stock impact report

Oil Prices Drop Amid Worries About Trump Tariffs as OPEC+ Increases Supply More than Expected [Yahoo! Finance]

Stanley Black & Decker, Inc. (SWK) 
Last stanley black & decker, inc. earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stanleyblackanddecker.com
Company Research Source: Yahoo! Finance
tariffs, as OPEC and its allies sped up plans to increase output and unwind supply cuts. Brent crude and West Texas Intermediate futures were recently down around 7%. OPEC+, a group led by Saudi Arabia and Russia, announced plans to add 411,000 barrels a day to the market next month, “equivalent to three monthly increments.” Oil prices dropped Thursday amid worries about an escalating trade war from Trump's tariffs , as OPEC and its allies sped up plans to increase output and unwind supply cuts. Brent crude futures were recently trading at $69.90 per barrel Thursday, while West Texas Intermediate futures were at about $66, both down around 7%. The Organization of the Petroleum Exporting Countries and allies (OPEC+) , a grouping led by Saudi Arabia and Russia, said in a statement Thursday that it would add 411,000 barrels a day to the market next month, “equivalent to three monthly increments.” “This comprises the increment originally planned for May in addition to two mont Show less Read more
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