Oil prices gained Thursday, helped by the International Energy Agency taking a more positive stance over the market’s demand-supply imbalance.
Stocks in focus in premarket trade on Thursday, May 14th.
The biggest whale on Bitfinex known to the Bitcoin (BTC) community as Joe007 vanished, as the price of the top-ranked cryptocurrency by market capitalization hit $10,000.
Wall Street surged on Friday, shrugging off the worst monthly U.S. jobs report in history as many expect the lifting of restrictions will kickstart labor market activity, while rising oil prices continued to underpin energy stocks.
Crude prices were on track to a second week of double-digit gains on Friday after the U.S. oil rig count hit financial crisis lows.