|Bid||11.45 x 1200|
|Ask||11.46 x 800|
|Day's Range||11.27 - 11.60|
|52 Week Range||10.39 - 15.00|
|Beta (5Y Monthly)||1.21|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 23, 2023 - Oct 27, 2023|
|Forward Dividend & Yield||1.56 (13.29%)|
|Ex-Dividend Date||Sep 21, 2023|
|1y Target Est||14.33|
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Investing.com - The world’s supposedly preferred “safe-haven” is not being treated as such as the global economy shudders from the possibility of more inflationary and rate hike pain.
Crude prices fell on the last trading day of September on growing uneasiness over how the world might cope in the coming months with exploding energy costs, even as the U.S. economy and inflation appeared to have escaped the worst of such impact right away. New York-traded West Texas Intermediate, or WTI, crude for delivery in November settled at $90.79 per barrel, down 92 cents, or 1%, on the day. While WTI fell on the day, it rose 0.8% on the week, resuming its rally from the end of August after a one-week hiatus last week.
The Federal Reserve's ongoing struggle to reach its target inflation rate of 2% has been further complicated by escalating car prices and rising energy costs, as reported on Monday. The current economic environment poses significant obstacles for the control of inflation in the near term.