Search Results for: U.S. crude

Brent Oil Drops Below $100 after Chinese Data

September 9th, 2014 (0)
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 ...

West TX Oil Below $94 as Market Awaits Chinese Data

September 8th, 2014 (0)
Brent crude fell on Monday for a third day of losses even though Chinese trade data showed both better-than-expected exports and weak imports that might prompt help for the economy, but it remained below $101 a barrel after poor ...

West TX Oil Surges Back to $96 on Data

September 4th, 2014 (0)
Crude oil prices climbed by more than $2 a barrel on both sides of the Atlantic on Wednesday, as oil markets bounced off multi month lows hit in the previous session. Prospects for peace between Ukraine and Russia, as ...

Brent Oil Drops to $100 on Demand Woes

September 3rd, 2014 (0)
Brent crude fell to its lowest level in 15 months on Tuesday, pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies pressured U.S. oil prices. Oil prices on ...

Asian shares wobble in early trade, euro sinks

September 1st, 2014 (0)
Asian shares edged higher on Monday, with investors wary of a deepening crisis in Ukraine and a downbeat China manufacturing survey, while the euro touched a fresh one-year low ahead of this week’s European Central Bank meeting. “Naturally, developments ...

West TX Oil Holds at $94.50 on a Neutral Inventory Report

August 28th, 2014 (0)
Brent crude dipped on Thursday, but still held between $102 and $103 a barrel, as expectations of ample supply weighed on prices. Global oil supply is expected to exceed demand this year, cooling prices. Oil futures on both sides ...

Asia shares steady as rally fades, euro clings to gains

August 28th, 2014 (0)
Asian shares held steady after pulling back from a 6-1/2 year high as the recent rally in risk assets petered out for now, while the euro clung to modest gains after rebounding from 13-month lows. The Australian dollar rose ...

ECB speculation drives down yields, weighs on euro

August 27th, 2014 (0)
Euro zone government bond yields plumbed record lows on Wednesday and the euro fell to its weakest in a year against the dollar on expectations the European Central Bank will act soon to counter low growth and slowing inflation. ...

Brent Oil Rallies Above $102 on Geopolitical Tensions

August 26th, 2014 (0)
Brent crude oil rose on Monday and U.S. crude fell in light trading, as support from geopolitical tensions in Ukraine and Libya countered ample supplies and anticipated weak demand after a slew of disappointing economic data from the United ...

Dollar flatlines ahead of Yellen, Draghi at Jackson Hole

August 22nd, 2014 (0)
The dollar was steady on Friday after its strongest weekly run since March and world stocks were near all-time highs as markets waited for steers from the Federal Reserve and ECB on diverging policy plans. European shares .FTEU3 opened ...
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