Previous close | 15.30 |
Open | N/A |
Bid | 20.10 |
Ask | 24.20 |
Strike | 80.00 |
Expiry date | 2025-06-20 |
Day's range | 15.30 - 15.30 |
Contract range | N/A |
Volume | |
Open interest | N/A |
(Bloomberg) -- Oil posted its biggest weekly drop in 11 months as a weak US jobs report added to concerns about tepid demand in the world’s largest consumer of crude.Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisWest Texas I
The Federal Reserve is widely expected to cut borrowing costs at its upcoming meeting Sept. and the strength of the job market is likely to be a deciding factor on whether it delivers a quarter-of-a-percentage-point cut or a bigger half-point cut. Below is a sampling of Wall Street banks' forecasts for the August employment report along with their expectations for the size of the Fed's rate cut later this month.
In the latest trading session, Citigroup (C) closed at $61.46, marking a -1.88% move from the previous day.