Search Results for: Crude oil
Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia
July 9th, 2014
Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world’s largest producer of crude oil, most analysts agree. When that happens and by how much, though, has produced disparate ...
Bank of Japan keeps upbeat outlook on all regions
July 7th, 2014
The Bank of Japan kept its upbeat assessment for all of the country’s nine regions, saying a moderate recovery was taking hold and bolstering views the economy is on track to meet the central bank’s price target without more ...
Commodities market overview
June 5th, 2014
Prices for commodities futures ended mixed Wednesday, with corn falling slightly while wheat and soybeans rose. Corn for July delivery edged down two cents to $4.56 a bushel. Soybeans for delivery in the same month edged up a penny ...
Europe Index Futures Rise With Asia Stocks as Kiwi Drops
May 26th, 2014
European stock index futures rose as Asian stocks headed for their highest close this year after China’s premier said policy will be fine-tuned as needed to support the economy. New Zealand’s dollar fell with crude futures as copper and ...
Gas prices are high…
May 19th, 2014
Rumors about the demise of U.S. gasoline demand have been greatly exaggerated. Until late 2013, most energy observers forecast the world’s most reliably gas-guzzling market to consume less fuel this year. What was once thought to be a structural ...
Canadian international merchandise trade, March 2014
May 6th, 2014
Canada Statistics has issued the following data: Canada’s merchandise exports declined 1.4% in March, while imports edged up 0.4%. As a result, Canada’s trade surplus with the world narrowed from $847 million in February to $79 million in March. ...
Russia Knows Europe Sanctions Ineffective With Tax Havens
May 5th, 2014
Two years ago, a Dutch law firm prepared a pitch in Moscow to Russian businesses: come to the Netherlands and we can help you avoid taxes and keep your assets safe. “You can rely on our legal system!” the ...
European Index Futures Gain as Asia Falls; Nickel Rallies
April 28th, 2014
European equity futures rose while Asian stocks fell, pushing the regional index to an almost two-week low, as investors weighed company earnings, while the Korean won gained. Wheat climbed with nickel amid prospects for additional sanctions against Russia over ...
Ukraine Mounts Security Push as Russia Warns on Civil War
April 9th, 2014
Ukrainian authorities sent security forces to Kharkiv to clear the country’s second-biggest city of separatists as U.S. Secretary of State John Kerry accused Russia of using “special forces and agents” to spark unrest. An “anti-terrorist operation” was under way ...
Speculators See Gold Gaining With Wheat on Ukraine: Commodities
March 17th, 2014
After shunning gold and wheat for most of last year, hedge fund managers are piling back in as the escalating crisis in Ukraine spurs a rebound in the prices of both commodities. Speculators have the biggest bet on a ...