Search Results for: BP
Oil prices fall as US inventories, Libya output weigh
December 22nd, 2016
Oil prices slipped in tepid Asian trading today, dragged down by an unexpected rise in US crude inventories last week and moves by Libya to boost output over the next few months. But the fall was curbed by a ...
British Pound vs Dollar, Euro: The Only Way is Up in 2017 Forecasts Nordea
December 22nd, 2016
After one of the worst years in its history, the British Pound could make a comeback in 2017 according to Nordea Market’s FX Strategist Aurelija Augulyte. “2016 was a disaster for the GBP, as the unexpected Brexit vote knocked ...
Oil prices rise on weaker dollar, optimism on output cuts
December 22nd, 2016
Oil prices nudged higher in tepid Asian trading on Thursday, supported by a weaker dollar and optimism that crude producers would abide by an agreement to curb output to prop up markets. But gains were capped by an unexpected ...
Oil prices rise as planned oil production cuts start to materialize
December 16th, 2016
Oil prices rose on Friday after Kuwait appeared to be lining up bigger supply cuts than had been initially expected from January as part of a coordinated effort by oil producers to drain a global glut. International Brent crude ...
Friday, December 16: OSB G10 Currency Pairs Cheat Sheet & Key Levels
December 16th, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for December 16. EURUSD Open 1.0531, High 1.0540, Low 1.0366, Close 1.0412, -1.14% Change. GBPUSD Open 1.2563 High 1.2568 … View table below
Pound to Euro Rate: Beware a Capitulation Lower
December 15th, 2016
The British Pound is recovering from recent lows against the Euro thanks to some better-than-forecast employment and earnings data but we hear from one leading analysts that the GBP/EUR could be destined to fall as low as 1.11 again. ...
Oil prices fall on rising U.S. crude stocks, OPEC output concerns
December 14th, 2016
Oil prices fell on Wednesday following a reported rise in U.S. crude inventories and an estimate that OPEC may have produced more crude in November than previously thought, potentially undermining a planned output cut. U.S. West Texas Intermediate (WTI) ...
Bitcoin is Now Trading at its Highest Price Since 2014
December 13th, 2016
The price of bitcoin hit two major milestones today, reaching a new 2016 high and rising to its most elevated level since February 2014. At press time, bitcoin’s price rose to a high of $788.49, CoinDesk USD Bitcoin Price ...
Oil prices stable, supported as output cuts hit market
December 13th, 2016
Oil prices were stable on Tuesday, buoyed by soaring demand in Asia and as signs of a crude production cut organized by OPEC and other exporters materialized, tightening a market that has been grappling with years of oversupply. International ...
Pound to Euro: Bank of England in Focus in Week Ahead
December 12th, 2016
The main event in the week ahead for GBP/EUR is the meeting of the Bank of England on Thursday. There is not expected to be any changes in policy from Threadneedle Street but there is always a risk of ...
