Search Results for: ICE Futures
Oil prices fell for a third day on Tuesday
June 6th, 2017
Oil prices slide over worries Middle East rift will undermine output cuts Oil prices fell for a third day on Tuesday, hit by concerns that a political rift between Qatar and several Arab states would undermine an OPEC-led push ...
Oil prices slide amid glut concerns, U.S. withdrawal from climate deal
June 2nd, 2017
Oil prices dropped on Friday amid worries that U.S. President Donald Trump’s decision to abandon a global climate pact could spark more crude drilling in the United States, stoking a persistent glut in global supply. Global benchmark Brent crude ...
Gulf markets set to end the week with losses; Crude oil prices tumbled
June 1st, 2017
Major stock markets in the Gulf look set to end the week with losses on Thursday after crude oil prices tumbled to a three-week low overnight and global bourses stayed mostly weak. Brent crude futures slumped 3 percent to ...
Oil prices rise in anticipation of extended OPEC-led output cut
May 25th, 2017
Oil prices rose ahead of an OPEC meeting on Thursday that is expected to extend output cuts into 2018, adding at least nine months to an initial six-month curb in the first half of this year. Brent crude futures ...
Oil prices stable as market expects extended production cut
May 24th, 2017
Oil prices were stable on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening supply would be extended to all of 2017 and the first quarter of next year. Brent crude futures rose to $54.18 per ...
Oil prices fall as White House proposes U.S. oil reserve sales
May 23rd, 2017
Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country’s strategic oil reserves, even as producer club OPEC and its allies cut output to tighten the market. Brent crude futures LCOc1 were ...
Oil prices climb on hopes output cuts will be extended
May 19th, 2017
Oil futures rose on Friday to the highest in nearly a month on growing optimism that big producing countries will extend output cuts to curb a persistent glut in crude, with key benchmarks heading for a second week of ...
Oil prices dip as supply remains ample despite output cuts
May 18th, 2017
Oil prices dipped on Thursday, weighed down by plentiful supply despite ongoing efforts led by OPEC to tighten the market by cutting production. Brent crude LCOc1 was down 18 cents, or 0.3 percent, from its last close at $52.03 ...
Cotton rally frays. But soybean prices hold firm
May 16th, 2017
The previous time, before Monday that is, that spot cotton futures set a record high for trading volumes augured poorly for prices. That was in November 2010, when volumes hit 101,516 contracts (which stood as the highest until the ...
Crude’s rally took the price of a barrel back above $48 in New York
May 12th, 2017
Retailers slump on Macy’s results as bonds, gold advance Crude sustains momentum in wake of U.S. stockpile data U.S. stocks fell from records, though losses eased in afternoon trading as crude’s rally took the price of a barrel back ...
