Search Results for: West Texas Intermediate
Commodities Suffer at Hands of Fed
September 19th, 2014
Commodities dropped to the lowest level in more than five years after the Federal Reserve raised its outlook for interest rates, bolstering the dollar and reducing the appeal of raw materials as a store of value. The Bloomberg Commodity ...
Brent Oil Drops Below $100 after Chinese Data
September 9th, 2014
Oil tumbled by $1 on Monday, with Brent sliding below $100 a barrel for the first time in more than a year and West Texas Intermediate tumbling to near its lowest of 2014, as Chinese and U.S. data pointed ...
Brent Extends Drop as Mideast Oil Supply Stays Safe; WTI Steady
August 25th, 2014
Brent fell for a second day amid speculation that turmoil across the Middle East won’t threaten crude supplies. West Texas Intermediate was steady in New York after a technical issue disrupted electronic trading. “The region is in chaos but ...
Oil Falls After Strong Global Supplies
August 7th, 2014
Brent crude traded near its lowest closing level in nine months on speculation that supplies remain sufficient to meet demand. West Texas Intermediate was near a six-month low. Futures were little changed in London. In Iraq, Kurdish exports remain ...
Commodities markets summary
August 7th, 2014
A summary of trading in key commodities markets: ENERGY Oil prices in New York have fallen again on worries about lower demand, even after an inventory report showed a surprising drop in US gasoline supplies. US benchmark West Texas ...
Europe Index Futures Tumble With Asian Stocks; Kiwi Drops
August 6th, 2014
European index futures (SPA) dropped with the euro and stocks in Asia amid escalating tensions over Ukraine and concern that stronger U.S. growth will lead to sooner-than-projected interest-rate increases. New Zealand’s dollar and emerging-market currencies weakened. Futures on the ...
Brent Oil Steady at $106 on Ample Supply
August 1st, 2014
Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. Analysts expect global production to exceed demand this year, ...
European Shares Swing Amid Earnings as Euro, Oil Retreat
July 31st, 2014
Europe’s benchmark equity index fluctuated amid mixed earnings, while the euro traded near a nine month low versus the dollar. Banco Espirito Santo SA shares were suspended after it said it will need to raise funds while emerging-market stocks ...
Europe Stocks Fall With Russia, Commodites; Rupiah Gains
July 21st, 2014
European stocks fell and Russian equities declined for a sixth day amid mounting international condemnation of President Vladimir Putin after the downing of a passenger jet in Ukraine. Commodities dropped to the lowest since February and Indonesia’s rupiah strengthened. ...
European Stocks Advance With Asia as Gold, Oil Retreat
July 14th, 2014
European and Asian stocks advanced with U.S. equity-index futures after a gauge of global shares suffered its biggest weekly loss in three months. Gold fell from a four-month high, corn slid a 10th day and oil dropped as the ...
