Search Results for: oil

Oil prices slump, gold rallies amid uncertainty over Brexit vote

June 24th, 2016 (0)
Oil and gold prices moved sharply in Asian trade on Friday as market sentiment swayed according to the results reported from the United Kingdom’s poll on its future in the European Union. With all 382 voting seats counted, the ...

Oil slips after small U.S. drawdown; seen choppy before Brexit vote

June 23rd, 2016 (0)
Oil prices slipped on Wednesday after the U.S. government reported a smaller-than-expected inventory drawdown, and as investors fretted about Britain’s upcoming vote on whether to stay in the European Union. Crude futures rose in early trading, with global benchmark ...

Oil prices above $50, buoyed by U.S. stock draw

June 22nd, 2016 (0)
Oil prices rose in Asian trading on Wednesday, with U.S. crude joining Brent above $50 a barrel after data from the American Petroleum Institute (API) showed a larger than expected draw on stocks. U.S. crude futures’ August contract, the ...

Oil Pares Biggest Weekly Drop Since April as Dollar Extends Fall

June 17th, 2016 (0)
ConocoPhillips restarts oil-sands wells after Canada wildfires Russia sees no need to cooperate on influencing crude markets Oil pared the biggest weekly decline in more than two months as the dollar extended its retreat, increasing the appeal of commodities ...

Iran’s Oil Comeback May Already Be Over

June 16th, 2016 (0)
Crude output may peak in 2016 at 3.6-3.8 million barrels a day Investors facing sanctions, political risk in entering country Iran easily beat expectations with its speed in boosting oil exports after the lifting of sanctions. Without an injection ...

Global market may face oil shortage in 3-5yrs – Rosneft CEO

June 16th, 2016 (0)
The oil market is reaching a balance faster than analysts predicted and a period of sustained oil price rises is not far off, according to Rosneft CEO Igor Sechin. He added that low investment may cause oil shortages in ...

Oil futures down on U.S. stockpile report, Brexit concern

June 16th, 2016 (0)
Oil prices fell on Thursday, heading for a sixth session of declines, following a lower-than-expected draw on U.S. stockpiles and amid worries Britain might leave the European Union (EU). Front-month U.S. crude futures were down 53 cents, or 1.1 ...

Yen Surges as BOJ Maintains Policy; Asian Stocks Sink With Oil

June 16th, 2016 (0)
Fed scaled back rate-hike outlook, saying Brexit a concern Kiwi strengthens on GDP data as gold rallies with silver The yen soared and Japanese stocks tumbled after the nation’s central bank refrained from easing monetary policy. Shares elsewhere in ...

Asian Stocks Advance Before Fed as Pound Halts Slide; Oil Sinks

June 15th, 2016 (0)
Yuan hovers near five-year low after MSCI’s China ruling Japanese bond yields drop to new records as copper gains Asian shares rose, rebounding from the steepest selloff in global stocks since January, as currency markets stabilized ahead of the ...

Elliott Wave Analysis On EURAUD And Crude OIL

June 13th, 2016 (0)
EURAUD EURAUD looks very interesting for a possible trade on the long side. We keep this pair on the radar for a potential trade since we are close to the end of the corrective pullback after price traced out ...
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