Search Results for: OPEC
Oil prices rose on Monday as markets reacted to news
May 21st, 2018
Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world’s two biggest economies “on hold”. Brent crude futures were at $79.13 per barrel at ...
The Euro, Japanese Yen and Australia Dollar fell; Asian stocks mixed
May 9th, 2018
Asian stocks were mixed and crude oil climbed past $70 in New York after President Donald Trump scrapped the nuclear deal with Iran. Treasury yields advanced toward 3 percent, helping stoke gains in the dollar against the yen. Equity ...
Oil steady as U.S. drilling tempers bullish sentiment
April 23rd, 2018
Oil prices were steady on Monday as a rising U.S. rig count pointed to further increases in American output, marking one of the few factors tamping back crude in an otherwise bullish environment. Brent crude oil futures were at ...
Here are some important events coming up this week affecting investors around the world
April 23rd, 2018
Asian stocks were mixed with investors continuing to assess the outlook for trade discussions and geopolitical tensions. The dollar held last week’s advance and the 10-year Treasury yield climbed above 2.97 percent. The MSCI Asia Pacific Index of stocks ...
Oil prices rise amid risk of supply disruptions
April 17th, 2018
Oil prices rose on Tuesday amid worries there could be a high risk of disruptions to supply, especially in the Middle East. Brent crude oil futures were at $71.75 per barrel at 0646 GMT, up 33 cents, or 0.5 ...
Oil prices reversed earlier gains on Monday
March 26th, 2018
Oil prices reversed earlier gains on Monday as concerns of a looming trade dispute between the United States and China weighed on global markets. The possibility of a full-blown trade war between the United States and China battered Asian ...
Early Market Review: Oil prices fell as on Monday reversed increases last Friday
March 19th, 2018
Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply. U.S. West Texas Intermediate (WTI) crude futures were at $62.02 a barrel at 0350 GMT, down ...
A rally in Asian stocks petered out on Friday and the yen climbed
March 16th, 2018
A rally in Asian stocks petered out on Friday, and the yen climbed, as investors considered the implications of continuing personnel turmoil in the Trump administration. Japan’s currency, often the go-to asset in times of uncertainty, advanced after the ...
Euro was flat, Japanese Yen advanced; Stocks put in a mixed performance in Asia
March 15th, 2018
Stocks put in a mixed performance in Asia, while the yen appreciated, as investors gauge the implications of the latest personnel changes in the Trump administration. Equities in the region started with declines following weaker-than-anticipated U.S. retail sales, then ...
Oil steadies after big fall, but soaring U.S. crude output still weighs
March 8th, 2018
Oil prices steadied on Thursday, supported by healthy demand, after falling the previous day on the back of record U.S. crude production and rising inventories. Brent crude futures LCOc1 were at $64.46 per barrel at 0506 GMT, up 12 ...
