Julia Fanzeres - Profile and Journalist Details
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Julia Fanzeres
Verified
Oil Futures Reporter, Bloomberg News
New York
Beats
personal finance investing
Payments, cryptocurrency, cybersecurity/fraud, fintechs that don't work with or compete against financial institutions
Content
By Julia Fanzeres Verified, Jacob Wendler| Rigzone Verified Oil slumped along with equity markets as US consumer confidence tumbled, adding to mounting concerns that US President Donald Trump’s policies will hamper economic growth and sap energy demand. West Texas Intermediate fell 2.5% to settle below $69 a barrel at the lowest closing price this year. US consumer confidence dropped the most since 2021 and missed analysts’ estimates, prompting traders to flee risk assets, including equities.
By Julia Fanzeres Verified, Mia Gindis Verified| Rigzone Verified Oil extended a string of marginal gains to settle above $72 a barrel amid uncertainty over global supplies and a slumping dollar that made commodities priced in the currency more attractive. Crude has risen for three straight sessions on the prospect of supplies tightening after the disruption of a key Kazakh pipeline and reports that OPEC+ may push back a planned production increase.
By Julia Fanzeres Verified, Jacob Wendler| Rigzone Verified Oil slumped along with equity markets as US consumer confidence tumbled, adding to mounting concerns that US President Donald Trump’s policies will hamper economic growth and sap energy demand. West Texas Intermediate fell 2.5% to settle below $69 a barrel at the lowest closing price this year. US consumer confidence dropped the most since 2021 and missed analysts’ estimates, prompting traders to flee risk assets, including equities.
Company Info
Bloomberg News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
United Arab Emirates, United Arab Emirates
+1 212-318-2000
Founded: 1981