Search Results for: crude futures
Oil markets volatile in wake of Hurricane Harvey, North Korea nuclear test
September 4th, 2017
Oil markets were volatile on Monday, with U.S. crude rising on production shutdowns while international Brent was pulled down by a flight into gold futures following a powerful North Korean nuclear test explosion. Meanwhile, U.S. gasoline prices RBc1 slumped ...
European stocks are expected to higher Friday
September 1st, 2017
European stocks are expected to higher Friday ahead of a key employment report from the United States that could set the tone for interest rate hikes and market direction into the final months of the year. Germany’s DAX performance ...
Oil markets roiled as Hurricane Harvey hits U.S. petroleum industry
August 28th, 2017
Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend, knocking out numerous refineries and some crude production. Gasoline prices hit two-year highs as massive floods caused by the storm ...
Most major indexes in Asia made gains on Thursday
August 24th, 2017
Most major indexes in Asia made gains on Thursday despite Wall Street closing lower after a threat from President Donald Trump about a possible government shutdown. Most Asia markets climb following Wall Street dip on Trump government shutdown threat ...
Oil steady following a 3 percent jump in prices on Friday
August 21st, 2017
Oil steady as market conditions tighten despite rising U.S. output Oil markets were stable on Monday, largely holding on to Friday’s big gains even though rising U.S. output weighed on hopes the market will tighten after a 13 percent ...
Oil prices dipped amid broader market selloff
August 18th, 2017
Oil prices dipped on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening. Brent crude futures, LCOc1 the international benchmark for oil prices, were at $50.99 per barrel at 0520 ...
Stocks, dollar extend slide as U.S., North Korea tensions intensify
August 11th, 2017
Asian equity markets extended a global slide on Friday as tensions ramped up between the United States and North Korea, sending investors fleeing to less risky assets such the yen, the Swiss franc and U.S. Treasuries. Wall Street closed ...
Oil falls for third day
August 9th, 2017
Oil falls for third day as doubts over OPEC cuts linger Crude futures fell for a third day on Wednesday despite a bigger than expected fall in U.S. oil inventories reported by an industry group, with doubts lingering over ...
Won drops; yen leads gains among G-10 currencies, gold rises
August 9th, 2017
Stocks in Asia declined with U.S. equity-index futures and the South Korean currency tumbled as investors took a risk-off approach after the U.S. and North Korea exchanged threats amid escalating tensions between the two nations. The yen and gold ...
What prevent oil prices from bigger drops?
August 4th, 2017
Oil prices dipped on Friday, with U.S. crude remaining below $50 per barrel, restrained by rising output from the United States as well as producer club OPEC. U.S. West Texas Intermediate (WTI) crude futures were at $48.95 per barrel ...