Search Results for: crude futures
Oil prices dip as strong dollar outweighs supply disruptions
May 6th, 2016
Oil prices fell on Friday, dragged down by a surging dollar and sliding Chinese commodities which at least temporarily outweighed crude supply disruptions in Canada as a result of a massive wildfire threatening its huge oil sands operations. The ...
Oil jumps on Canadian wildfire, Libyan fighting
May 5th, 2016
Oil prices jumped on Thursday as a huge wildfire in Canada disrupted oil sands production, while escalating fighting in Libya threatened the North African nation’s output. International benchmark Brent crude futures were trading at $45.36 per barrel at 2.54 ...
Oil prices jump on weak dollar, strong investor appetite
April 27th, 2016
Crude oil futures rose around half a dollar on Wednesday and remained near 2016 highs on the back of strong investor sentiment and a weak dollar, although analysts warned this month’s bull-run could soon run out of steam. International ...
Oil prices dip on looming production race between Saudi Arabia, Iran
April 26th, 2016
Crude oil futures dipped on Tuesday as analysts warned of an intensifying producer race between Saudi Arabia and Iran, wiping out earlier price gains that came from a weaker dollar and a flood of new cash into the market. ...
Oil prices rise as investor sentiment turns upbeat
April 22nd, 2016
Oil prices rose on Friday, setting crude futures on course for solid weekly gains, as market sentiment turned more upbeat despite ongoing oversupply. International benchmark Brent crude futures LCOc1 were trading at $44.88 per barrel at 0713 GMT, up ...
Asian shares at four-month highs
April 14th, 2016
Asian stocks rose to their highest levels in more than four months on Thursday and regional currencies weakened led by the Singapore dollar as hopes grew that more central banks will join the city state in easing monetary policy ...
Oil prices hold steady on strong China demand, ahead of producer meeting
April 12th, 2016
Oil prices were stabile on Tuesday, with U.S. crude futures holding above $40 per barrel and Brent approaching $43 ahead of a meeting of major producers to discuss freezing output levels to rein in ballooning oversupply. U.S. West Texas ...
Most Asia markets advance, with Nikkei rising as yen slips
April 12th, 2016
Most major Asia markets ended higher Tuesday, shrugging off after a lower finish in U.S. equities overnight ahead of earnings season. Australia’s ASX 200 added 44.06 points, or 0.89 percent, to 4,975.60, boosted by a 1.73 percent gain in the heavily-weighted ...
European stocks slip at the open as oil falls
April 11th, 2016
European markets opened lower, following a mostly negative lead from Asia, as the oil price reversed its positive moves to trade in the red. The pan-European STOXX 600 was down 0.3 percent. Asia markets were mostly lower on Monday morning although Chinese ...
Asia markets broadly lower as risk-off sentiment settles in
April 8th, 2016
Asia markets were broadly lower on Friday, after U.S. equities sold off overnight amid renewed concerns over global growth and the effectiveness of central bank policy. Australia’s ASX 200 retraced some of the early losses to trade down 0.4 percent, as ...
