Search Results for: ANZ
Oil prices slip back; traders await OPEC report
February 13th, 2017
Oil prices slip back; traders await OPEC report Crude futures slipped on Monday as investors booked profits ahead of a key data that would indicate the progress of an ongoing multi-country effort to cut back oil production. “Traders will ...
Dollar hits two-week high vs yen on U.S.-Japan summit relief
February 13th, 2017
The dollar rose to a two-week high versus the yen on Monday, with the market breathing a sigh of relief as the closely watched two-day U.S.-Japan summit held over the weekend was seen to have ended smoothly. U.S. President ...
Oil prices stable on strong Chinese imports, OPEC-led production cuts
February 10th, 2017
Oil prices were stable on Friday, supported by strong Chinese crude imports and OPEC-led production cuts, although ample U.S. fuel inventories weighed on the market. Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $55.68 ...
Strengthening ruble boosts Russian imports
February 9th, 2017
Russian imports surged 36.4 percent year on year in January, as the ruble strengthened significantly, becoming the world’s best-performing currency last year. In the first month of the year, Russia imported $11.1 billion worth of products from non-CIS countries, ...
Oil prices edge up on Iran tensions, but rising U.S. drilling caps gains
February 6th, 2017
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and on concerns that new U.S. sanctions against Iran could be extended to affect crude supplies. But markets were held back by more ...
Oil extends declines on rising U.S. output
January 30th, 2017
Oil prices extended declines on Monday, dragged down by signs of growing output in the United States that could partly offset output cuts by OPEC and other producers. Uncertainty over the outlook for U.S policy also broadly weighed on ...
Oil eases on rising U.S. inventory, market looks to EIA data
January 25th, 2017
Oil edged lower on Wednesday as expectations of an increase in U.S. inventories weighed on the market, offsetting bullish momentum from output cuts announced by OPEC and other producers. Brent crude LCOc1, the international benchmark for oil prices, had ...
Gold price boosted by hard Brexit fears
January 16th, 2017
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns over a hard Brexit dominate the market commentary. Reports indicate ...
Oil Posts Biggest Two-Day Gain in 6 Weeks as Saudis Make Cuts
January 13th, 2017
Saudis cut production to less than 10 million barrels a day Russia ready to discuss export monitoring, minister says Oil climbed, posting the biggest two-day gain in almost six weeks, after Saudi Arabia said it cut production even more ...
Oil prices edge up on reports of Saudi supply cuts, but details murky
January 11th, 2017
Oil edged up on Wednesday, lifted by reports of Saudi supply cuts to Asia, but gains were capped by a lack of detail about the reductions and because of signs of rising supplies from other producers. Prices for Brent ...
