Crescent Petroleum signs three contracts to develop oil and gas fields in Diyala and Basra q8dailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from q8dailynews.com Daily Mail and Mail on Sunday newspapers.
Eurozone suffers double-dip recession as pandemic impact continues (SPY -0.6%). Biggest premarket movers: Twitter, Skyworks Solutions, Western Digital.
Here is the current market situation from CNN Money
European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Canadas Oil Patch Is Preparing For A Production Hike At a time when U.S. shale, OPEC+, and dozens of oil producers have laid out blueprints to limit production in a bid to return the global oil industry to its former glory, CanadasOil Patch appears to be merely paying lip service to the notion of keeping production subdued. Like everybody else, Canadas oil and gas producers have been preaching capital discipline and assuring investors they have no intention of boosting spending, preferring to return capital to investors mainly in the form of dividends and buyb