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West Texas Intermediate and Brent crude fell on Friday on reports that a potential deal would lift oil sanctions on Iran.
Source
MarketWatch
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On this episode of Stock Movers with Alexis Christoforous: - Adobe (ADBE) shares are on the move as the company reports today. It fell in premarket trading on Friday after the software maker said that CFO Dan Durn would be departing the company June 15. The news comes after the CEO announced he would resign earlier this year. - Lennar (LEN) shares are lower after its forecasts for new orders and deliveries trailed expectations, and as CEO Stuart Miller said the latest quarter was “defined by t
US consumer sentiment rose in early June for the first time in four months as the University of Michigan’s preliminary sentiment index increased to 48.9 in June from a record low 44.8 in May. Joanne Hsu, director of University of Michigan Surveys of Consumers, provides background on the numbers. (Source: Bloomberg)
US Energy Secretary Chris Wright said roughly 7 million barrels of daily oil and fuel shipments are flowing through the Strait of Hormuz, or about half of the volumes stranded at the start of the Iran war. Wright spoke Friday with Annmarie Hordern during the Bloomberg Energy Security Executive Briefing in Houston. (Source: Bloomberg)
