Previous Close | 20.91 |
Open | 20.91 |
Bid | 21.60 |
Ask | 23.90 |
Strike | 70.00 |
Expire Date | 2025-12-19 |
Day's Range | 20.91 - 20.91 |
Contract Range | N/A |
Volume | |
Open Interest | 27 |
Investing.com-- Oil prices rose in Asian trade on Monday after the OPEC+ extended its current run of production cuts into 2025, although speculation over a ceasefire in Gaza kept gains limited.
BofA Securities Senior Consumer Goods Analyst Bryan Spillane joins Market Domination to give insight into the health of the consumer and find investment opportunities in consumer staples (XLP) during this economic cycle. Spillane lays out the current scenario with consumer behavior: "Elasticity hasn't really come back right yet, right? Volumes haven't come back yet. So we are seeing changes in consumer behavior, more economizing, and a lot of different ways. But with that pricing... volumes don't come back, we're going to start looking at, for some of these companies, organic sales begin to flirt with going negative and that's going to be a very big storyline as we move through the back part of this year." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
Investing.com-- Oil prices slipped to weekly loss after settling lower Friday, as fresh hopes on a Gaza ceasefire and ongoing demand concerns weighed on sentiment ahead of the weekend's meeting of top crude producers.