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Oil falls as glut, profit-taking beat back optimism over OPEC meet
August 9, 2016 by publisher · Leave a Comment
By Osamu Tsukimori TOKYO (Reuters) – Crude prices fell on Tuesday as continued worries over a global oil glut and profit-taking on gains of nearly 3 percent from the previous session beat down upwards momentum from a possible meeting of oil producers. Venezuelan Oil Minister Eulogio del Pino said on Monday that a meeting between OPEC and non-OPEC countries may take place “in the coming weeks” as the crisis-stricken South American nation sought support to prop up weak oil markets. Some OPEC officials have said a …
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Oil falls as glut, profit-taking beat back optimism over OPEC meet
continued-its
LendingClub turmoil takes toll as company posts widening losses
August 9, 2016 by elegant · Leave a Comment
LendingClub Corp on Monday reported its largest quarterly loss in a year as it struggles to bring banks back to its online lending platform following the departure of its chief executive …
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LendingClub turmoil takes toll as company posts widening losses