Search Results for: Crude oil prices
Yen Climbs After Election; Aussie Near Low on Iron Prices
December 15th, 2014
Australia’s dollar fell to the lowest since June 2010 and the nation’s bonds rallied as commodities slumped and people were taken hostage in a cafe in Sydney’s financial district. The Aussie weakened against most of its 16 major peers ...
Oil Extends Drop Below $60 as Producers Tussle for Market Share
December 12th, 2014
Oil extended losses below $60 a barrel amid speculation that OPEC’s biggest members will defend market share against U.S. shale producers. Brent also slid after closing at the lowest price since July 2009. West Texas Intermediate futures fell as ...
Crude Oil’s Fall Pressures Energy Megaprojects
December 9th, 2014
Energy development projects that looked great earlier this year are looking less so now. Tumbling oil prices hit a fresh five-year low on Monday, pressuring some of the world’s biggest energy companies to reconsider multibillion-dollar expenditures. The biggest worries: ...
U.S. Shares Rise With Dollar as Oil Surges Amid Data
December 3rd, 2014
U.S. stocks rose toward records, as energy shares rallied with the price of crude and investors weighed data on hiring and the services sector. European equities climbed and the dollar gained on speculation the region’s central bank will add ...
New U.S. oil and gas well November permits tumble nearly 40 percent
December 3rd, 2014
Plunging oil prices sparked a drop of almost 40 percent in new well permits issued across the United States in November, in a sudden pause in the growth of the U.S. shale oil and gas boom that started around ...
Asian shares edge down, oil rises as crude inventories decline
December 3rd, 2014
The dollar marked a fresh seven-year high against the yen on Wednesday, which helped lift the Nikkei to a similar record, while oil prices recovered after data showed a drop in U.S. supply. MSCI’s broadest index of Asia-Pacific shares ...
Oil falls below $72 after sharp rally in volatile market
December 2nd, 2014
Brent oil fell below $72 a barrel on Tuesday, giving up some of its gains in the previous day’s rally from five-year lows, as traders voiced uncertainty over whether the market had reached a floor or would keep falling. ...
Crude, Copper and the S&P 500
December 2nd, 2014
Why the Fed Bubble Is Likely to Burst After more than five years of aggressive accommodation from the world’s central banks, there are many charts that suggest the tremendous run-up in the risk assets during this time period is likely to ...
Commodities Retreat to Five-Year Low as Oil Tumbles With Bullion
December 1st, 2014
Commodities fell to the lowest in five years as oil sank on prospects for a glut, gold fell after Swiss voters rejected a move to force the central bank to buy bullion and data from China confirmed a slowdown ...
Oil prices crash below $70
November 28th, 2014
Oil prices came crashing down Thursday to trade below $70 per barrel after OPEC announced it was leaving oil production levels unchanged. WTI crude trading in the U.S. fell by roughly 7% to just below $69 — a level ...
