Search Results for: crude futures
HSI, Nikkei lead gains as most Asian markets advance
May 25th, 2016
Asia markets mostly closed higher on Wednesday, with Hong Kong leading gains and several major indexes advancing more than 1 percent each. Japan’s Nikkei 225 closed up 258.59 points, or 1.57 percent, at 16,757.35, with shares receiving an additional boost from ...
Oil prices fall as dollar gains, but possible stock drawdown supports
May 24th, 2016
Oil prices fell in thin trade on Tuesday as the U.S. dollar strengthened, but losses were curbed by a likely drawdown in U.S. crude and gasoline stockpiles. Brent futures had declined 42 cents to $47.93 a barrel by 0643 ...
Oil prices dip on strong dollar, firm global supply
May 23rd, 2016
Oil prices slipped in Asian trade on Monday on a strong dollar and signs that global crude supply is holding up even as volumes hit by unplanned outages rise to at least five-year highs. In a further indication of ...
Oil prices rise as turmoil in Nigeria adds to global supply disruptions
May 20th, 2016
Oil prices rose in early trading on Friday as turmoil in Nigeria, shale bankruptcies in the United States and crisis in Venezuela all contributed to tightening supplies. Despite this, brimming inventories across the world were preventing supply shortfalls and ...
Asia trades mixed; Chinese shares under pressure
May 16th, 2016
Asian markets ended mostly higher on Monday, as traders shrugged off data released over the weekend that revived concerns over the Chinese economy. Japan’s Nikkei 225 pared some of its over 1 percent gains from early morning to close up 54.19 ...
Oil prices jump as Goldman Sachs says market flips into deficit
May 16th, 2016
Oil prices jumped over 1 percent on Monday after long-time bear Goldman Sachs said the market had ended almost two years of oversupply following global oil disruptions and flipped to a deficit. International Brent crude futures were trading at ...
Oil prices fall as Canada oil sand fields gradually return
May 12th, 2016
Oil prices fell on Thursday, dragged down by the gradual return of Canadian oil sands output, reversing a sharp rise the previous day when the U.S. government detailed an unexpected fall in crude inventories. International Brent crude futures were ...
Oil dips on record U.S. inventories; Canada output to improve soon
May 11th, 2016
Oil prices dipped on Wednesday as Canadian oil sand production was expected to gradually ramp up following forced closures due to wildfires, and as record crude inventories especially in the United States put pressure on markets. An ongoing fight ...
Oil prices stable as brimming storage counters supply disruptions
May 10th, 2016
Oil prices were steady on Tuesday as brimming inventories and a looming refined products glut offset supply disruptions in Canada and elsewhere that have taken more than 2 million barrels a day of production out of the market. International ...
Asia mostly higher; Nikkei leads with 2% gain
May 10th, 2016
Asia markets traded mostly higher on Tuesday, with the Japanese benchmark index leading gains in the region. The Nikkei 225 added 2.04 percent, while across the Korean Strait, the Kospi traded up 0.36 percent. In Hong Kong, the Hang Seng index was down 0.05 percent. ...
