Search Results for: crude
Russia and its oil are likely to be losers in Iran deal
July 17th, 2015
In its negotiations with the United States on any number of geopolitical issues, Russia has become accustomed to playing its “Iran card.” But after the West’s historic nuclear agreement with Iran, some experts are suggesting Russia will have less ...
China Shares Recover From Earlier Losses
July 16th, 2015
Chinese shares swung back to positive territory Thursday, as hundreds of shares resumed trading, while markets elsewhere in Asia rose after Greece approved austerity measures to secure a bailout. The Shanghai Composite was last up 1.1% at 3847.30, having ...
China Growth Beats Economists’ Forecast as Stimulus Kicks In
July 15th, 2015
China’s economic growth proved resilient in the second quarter as policy makers stepped up support and a stock market boom — since soured — spurred services. Gross domestic product rose 7 percent in the three months through June from ...
Oil prices tumble as Iran, global powers reach nuclear deal
July 14th, 2015
Oil prices dropped on Tuesday after Iran and six global powers reached a landmark nuclear deal that would see an easing of sanctions against Tehran and a gradual increase in its oil exports. The agreement, which capped more than ...
Oil prices tumble as Iran deal nears
July 13th, 2015
Oil prices dropped Monday as Iran and global powers appeared close to a historic deal that would loosen sanctions in exchange for curbs on Tehran’s nuclear program. Sanctions have long reined in Iran’s oil production and exports, and the ...
IEA releases Oil Market Report for July
July 10th, 2015
Global oil demand growth slowing even as OPEC output at three-year high; OECD industry inventories surge to record Global oil demand growth is forecast to slow to 1.2 million barrels per day (mb/d) in 2016, from an average 1.4 ...
Oil prices rise on China stocks rebound, Greek deal hopes
July 10th, 2015
Oil prices rose on Friday on hopes that the Greek debt crisis could be resolved and as Chinese stocks rebounded, but analysts said bigger jumps were unlikely as global crude production remained high. Greece has tabled a cash-for-reforms proposal to ...
China Shares Rise but Uncertainty Hovers
July 10th, 2015
Greece inches closer to deal with creditors, but investors are wary of sustained China recovery China shares rose Friday, and other Asian markets made tentative gains, as investors assess whether a recovery in Chinese stocks proves sustainable. The Shanghai ...
Asian stocks fall in volatile trade as China index seesaws
July 9th, 2015
Asian stocks markets were volatile on Thursday as China’s main index seesawed after a prolonged sell-off while Hong Kong’s benchmark rebounded strongly. KEEPING SCORE: The Shanghai Composite Index in mainland China fell more than 3 percent in the first ...
Oil prices fall as China share crisis worsens, traders hedge for further drops
July 8th, 2015
Oil futures fell again on Wednesday as worries over the Greek debt crisis and China’s stock market turmoil outweighed an expected U.S. inventory drop, with traders anticipating further drops. Chinaoil prices’s stocks tanked further on Wednesday in a deepening ...
