Search Results for: Commodities
The end-point in financial credit
November 6th, 2015
Since the 1980s, markets have had to adapt to a world of infinite credit. Of course, this credit has not been available to everyone: it has been principally deployed in favour of governments, financial markets, and big business. It ...
Venezuela will push for an oil price band at South American and Arab nations meeting
November 5th, 2015
Venezuela to push for oil price bands at Arab nations meeting Venezuela will push for an oil price band proposal at an upcoming summit in Saudi Arabia between South American and Arab nations, President Nicolas Maduro said. OPEC price ...
Oil to bounce back next year, predicts UAE energy minister
November 5th, 2015
Project delays and slowing shale production will lead to a rebound in oil prices next year, according to the UAE’s energy minister Suhail Al Mazrouei. The minister yesterday said that economic growth in some countries would lead to higher ...
Oil down more than 3% as U.S. crude stockpiles rise 6 straight weeks
November 5th, 2015
EIA reports 2.8 million-barrel weekly climb in crude supplies Oil futures lost more than 3% on Wednesday as U.S. government data showed that crude inventories rose for a sixth week in a row. Strength in the dollar added to ...
SGX establishes connectivity with CME Group co-location facility
November 4th, 2015
Singapore Exchange (SGX) today announced that it will establish a presence in the CME Group co-location facility based in Aurora, Illinois, to provide direct connectivity for customers between the two facilities. The SGX Chicago Hub, hosted within the CME ...
Standard Chartered seeks £3.3bn from shareholders
November 4th, 2015
Bank posts first loss in years, and says it will cut 15,000 jobs and withdraw from riskier lending Standard Chartered is asking shareholders to stump up £3.3bn while axing 15,000 jobs after reporting its first quarterly loss in 15 years. ...
CME Group Volume Averaged 12.8 Million Contracts per Day in October 2015
November 4th, 2015
Energy average daily volume rose 17 percent October 2014 energy average daily volume highlights include 29 percent growth in natural gas futures, 47 percent growth in natural gas options and 14 percent growth in WTI futures CME Group, the ...
Oil prices slide on profit-taking, but supply risks support
November 4th, 2015
Oil prices slipped in thin trading on Wednesday as investors took profits from the previous session’s rally, while potential supply disruptions in the United States, Brazil and Libya curbed losses. Brent futures for December delivery had fallen 4 cents ...
Oil Price Paradox: Gasoline Could Be Even Cheaper
November 3rd, 2015
The price of gasoline is declining more slowly than oil, illustrating how consumers aren’t fully benefiting from falling commodities prices. Typically, gas prices go up and down in tandem with crude oil, the main ingredient. But recently, oil prices ...
Asian Stocks Track S&P 500 Gains; Aussie Rises as RBA Stays Put
November 3rd, 2015
Stocks rise from Sydney to Seoul as holiday closes Tokyo S&P 500 topped 2,100, back to pre-yuan devaluation levels Asian stocks climbed after signs of stabilization in global manufacturing activity helped drive the Standard & Poor’s 500 Index to ...
