Search Results for: Crude oil
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 ...
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 ...
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 ...
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 ...
Iran begins oil cooperation talks with US, Canada
April 28th, 2016
Tehran has entered into talks with the US and Canada to agree on selling petrochemicals, buying new technologies in the oil industry and also to discuss investments in Iran’s oil and gas sector, Iranian media reported yesterday. Iran’s Foreign ...
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. ...
Iran Outwitting Saudis on Oil, Bloomberg Says
April 25th, 2016
Iran’s oil exports are growing much more quickly than analysts predicted back in January when sanctions were eased. If the recovery continues at the recent pace, it could raise an interesting dilemma for OPEC’s top exporter Saudi Arabia at the ...
Oil falls as traders cash in after three weeks of gains
April 25th, 2016
Oil prices dipped on Monday as traders took profits after three weeks of gains and as a jump in the dollar late last week was priced into fuel markets. Front-month Brent crude was trading at $44.80 per barrel at ...
Asian Stocks Retreat as Oil Falls With Copper; Yen Strengthens
April 25th, 2016
Japanese currency advances after steepest drop since 2014 Crude retreats from five-month high; British pound gains Asian shares were set for the first back-to-back declines in a month as commodities prices retreated and the yen strengthened, reflecting investor caution ...
