Search Results for: Crude prices
Asian Stocks Rise With Oil as Pound’s Rebound Stalls; Yen Gains
June 29th, 2016
Gold rises as industrial metals decline; oil back above $48 BOJ’s Kuroda says funds can be added to market as needed The relief rally endured, with Asian stocks rising in tandem with European equity index futures and oil amid ...
Saudi Arabia Has a Plan B to Try to Stop Iran’s Economic Rise
May 26th, 2016
The kingdom is mobilizing its Gulf allies to make sure that Iran’s opening-up to the global economy doesn’t go smoothly. Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to ...
Asian Stocks Extend Global Rally as Oil Regains $50; Yen Climbs
May 26th, 2016
Crude Rises on falling U.S. oil stocks, supply disruptions Norwegian krone, Malaysian ringgit strengthen; gold rebounds Energy producers led stocks higher in Asia and the currencies of oil-exporting nations strengthened as Brent crude traded above $50 a barrel for ...
Meet the new Saudi Arabia, nothing like the old Saudi Arabia
May 11th, 2016
After years of building a glut, the world’s oil industry by the end of this year is expected to stop overproducing more crude than the world can use. But analysts say one wild card in that equation is Saudi Arabia — ...
Stocks open higher as oil spikes
May 5th, 2016
U.S. stocks look set to get back on the winning track as equity prices opened higher Thursday, helped by a spike in oil prices caused by production outages in Canada due to wildfires. The Dow Jones industrial average kicks off trading ...
Asian Stocks Fall With Won on Global Growth Woes; Oil Below $44
May 4th, 2016
Dollar gains after Fed officials say June rate hike possible Industrial metals retreat as sovereign bonds advance Asian stocks fell for a sixth day, their longest losing streak since February, as anxiety over the health of the global economy ...
Asian Stocks Retreat as BOJ Negative-Rate Proposal Weakens Yen
April 22nd, 2016
Microsoft, Alphabet, Sony profits fall short of estimates Topix rebounds as currency weakens; Shanghai Composite falls Asian stocks retreated from a four-month high as companies including Sony Corp. and Microsoft Corp. reported earnings that missed estimates. Japanese shares rose ...
European Stocks Little Changed as ABB, Miners Offset Energy Drop
April 20th, 2016
Crude prices retereat as Kuwait workers agree to end strike Miners advance as BHP Billiton cuts iron ore output forecast European stocks were little changed as miners advanced and investors focused on companies that posted better-than-expected earnings, offsetting a ...
Russia Says Oil-Freeze Deal Could Go Ahead Without Iran
April 14th, 2016
Comments come ahead of meeting between major oil-producing nations in Qatar on Sunday Russian Energy Minister Alexander Novak said Wednesday that an agreement on freezing oil production could be reached between oil-producing countries without the participation of Iran, Tass ...
Can A Divided OPEC Agree On Anything In Doha?
April 6th, 2016
Only two weeks remain until the fated meeting between the OPEC countries and their counterparts from outside the organization, scheduled to take place in the Qatari capital of Doha on the coast of the Persian Gulf. The meeting could ...
