Search Results for: U.S. West Texas Intermediate

Oil dips after three-day rally, but support seen above $50 per barrel

March 31st, 2017 (0)
Oil prices eased on Friday as traders took profits following three days of straight gains on the expectation that an OPEC-led crude supply cut that was initially supposed to only last for the first half of the year would ...

Oil rises on Libyan supply disruptions, likely OPEC output cut extension

March 29th, 2017 (0)
Oil prices on Wednesday extended gains from the previous session, lifted by supply disruptions in Libya and expectations that an OPEC-led output reduction will be extended into the second half of the year. Prices for front-month Brent crude futures, ...

Japan, Australia, Hong Kong, South Korea stock indexes gain

March 28th, 2017 (0)
Japan, Australia, Hong Kong, South Korea stock indexes gain Yen higher after earlier loss, Australian bonds continue rally The selloff in riskier assets eased after U.S. stocks staged a recovery, with most Asian equity markets resuming their upward trajectories ...

Oil futures supported by weaker dollar, but bloated supply still weighs

March 28th, 2017 (0)
Oil prices rose on Tuesday, supported by a weak dollar, but crude continued to be weighed down by surging U.S. production and uncertainty over whether an OPEC-led supply cut is big enough to rebalance the market. Prices for front-month ...

Oil dips as rising US drilling offsets talk of an OPEC-led cut extension

March 27th, 2017 (0)
Oil prices fell on Monday as rising U.S. drilling activity outweighed talks that an OPEC-led production cut initially due to end in mid-2017 may be extended. Benchmark Brent crude futures LCOc1 eased 22 cents, or 0.4 percent, from their ...

Yen stretches rally to seventh day; Asia Stocks Tumble

March 22nd, 2017 (0)
S&P 500 drops most since elections as reflation trades falter Yen stretches rally to seventh day while gold maintains gains Equities tumbled across Asia after the S&P 500 Index fell the most since Donald Trump’s election, as stocks joined ...

Dollar Slides Fourth Day, Asian Stocks Are Mixed: Markets Wrap

March 20th, 2017 (0)
Australia 10-year bond yield slides for fifth day in six New Zealand shares tumble, yen maintains last week’s strength A gauge of the U.S. dollar headed for its longest losing streak since Donald Trump won the election, while stocks ...

Stocks Weaken After China Data, Treasuries Lower: Markets Wrap

March 9th, 2017 (0)
China’s producer prices rose the most since 2008 in February Greenback gains, Treasuries hold slide on private jobs data Equity markets outside Japan declined after data showed Chinese producer prices rising at the fastest pace since just after the ...

Asia Stocks Gain Amid Thin Volumes; Aussie Climbs: Markets Wrap

March 7th, 2017 (0)
Australian dollar holds advance as RBA leaves rates unchanged South Korea, Hong Kong-traded Chinese shares lead advance Asian stock markets were mostly higher in thin trading as investors assessed the prospects for further gains after a rally leading up ...

Yen fell as the central bank moved to reassert control over rising yields

February 3rd, 2017 (0)
Shanghai shares slip as trading resumes after holiday Focus turns to U.S. jobs as investors seek clues on economy Japanese government bonds swung and the yen fell as the central bank moved to reassert control over rising yields, while ...
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