Search Results for: crude futures
Oil prices surge, smash trading volume records as OPEC and Russia agree output cut
December 1st, 2016
Oil prices shot up 13 percent, smashing trading volume records, after OPEC and Russia cut a deal to reduce output to drain a global supply glut, but analysts warned they could remain modest by historical comparison as other producers ...
The dollar climbed 0.4 percent to 112.78 yen
November 30th, 2016
Output pact under threat as day of Vienna meeting dawns Greenback climbs with Treasuries premium at nine-year high Oil held below $46 a barrel ahead of a make-or-break OPEC meeting on stabilizing the crude market, while the dollar headed ...
Oil Retreats Below $47 Before OPEC Meeting as Metals Snap Rally
November 29th, 2016
Copper suffers in first loss for seven days; zinc, nickel down European stocks open lower with Italy focus; Asia shares mixed Oil retreated back below $47 as OPEC members failed to bridge their differences on production cuts, while a ...
Oil prices fall on strong dollar, trading thin ahead of OPEC meeting
November 25th, 2016
Oil prices fell on Friday, under pressure from a strong dollar, but activity was low after the U.S. Thanksgiving holiday and as many traders are reluctant to take big new positions ahead of a planned OPEC-led crude output cut ...
Oil prices static on uncertainty over planned production cut
November 24th, 2016
Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity due to the U.S. Thanksgiving holiday kept traders from making big new bets on markets. International Brent crude oil ...
Oil prices pull back after another jump in U.S. supply
November 17th, 2016
Oil futures were lower in Asian trade Thursday after weekly data showed another large increase in U.S. inventories of crude. On the New York Mercantile Exchange, light, sweet crude futures CLZ6, -0.22% traded 8 cents lower at $45.49 a barrel, in the ...
Oil prices dipped on Thursday
November 10th, 2016
Oil dips on rising crude inventories after Trump’s shock victory Oil prices dipped on Thursday, pulled down by rising U.S. crude inventories and as markets tried to interpret U.S. President-elect Donald Trump’s surprise victory. U.S. crude stocks rose by ...
Oil Prices Slip on Risk Aversion as Trump Takes Lead
November 9th, 2016
Crude-oil prices continued to sink in early afternoon Asia trade on Wednesday as Republican nominee Donald Trump appeared on his way to a possible stunning upset in the U.S. presidential race, sparking jitters across global equities and commodities. The ...
Oil prices steady ahead of U.S. election, weak China data weighs
November 8th, 2016
Oil prices were stable on Tuesday as financial investors and traders were cautiously positioning themselves for a win by Hillary Clinton in the U.S. presidential elections. U.S. West Texas Intermediate (WTI) crude futures were at $44.97 at 0610 GMT, ...
European stock markets rallied
November 7th, 2016
European stock markets rallied with the UK’s FTSE 100 jumping nearly 103 points or 1.5% to 6,793 as investors expressed relief at the FBI’s announcement that it would take no action against Hillary Clinton over emails linked to the Democrat ...
