Search Results for: Brent crude
Dollar slips against commodity currencies; the euro was down against the pound
April 23rd, 2020
The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets shaken by the massive coronavirus-induced drop in demand. As Brent crude surged on signs ...
Global stocks move higher ahead of crucial OPEC meeting
April 9th, 2020
Global stocks posted small gains on Thursday on hopes that the coronavirus outbreak may be slowing in the United States and Europe. Oil futures, meanwhile, are rising ahead of a meeting between Russia and OPEC to discuss production cuts. ...
European stocks retreat as investors cash in on rally
January 21st, 2020
European stock markets mostly retreated on Monday (Jan 20) as investors booked profits after last week’s rally awaiting some key US earnings updates. Stocks had jumped on Friday, with Wall Street indices ending at fresh record highs, as solid ...
European stocks traded lower on Friday; Oil prices spiked
January 3rd, 2020
European stocks traded lower on Friday as geopolitical tensions spiked after U.S. airstrikes in Iraq killed a top Iranian military commander. The pan-European Stoxx 600 slid 0.5% in early trade, travel and leisure stocks falling 1.4% to lead losses ...
Early Monday Review: Euro little moved as EU vote shows limited gains by nationalists
May 27th, 2019
Asia stocks edged up early on Monday, and the euro was confined to a narrow range after the weekend’s European Parliament elections highlighted the deepening political fragmentation of the 28-country bloc. The euro was a shade higher at $1.1211, ...
Oil prices slip on Wednesday reversing earlier gains
March 27th, 2019
Oil prices declined on Wednesday, reversing earlier gains, as further disruptions to Venezuela’s crude exports were offset by a report that U.S. inventories rose last week. Brent crude futures were down 22 cents, or 0.32 percent, to $67.75 a ...
Pound holds up against Dollar; Asian markets edged down Tuesday
January 22nd, 2019
Asian markets edged down Tuesday as profit-takers stepped in following a recent run-up, while the pound maintained gains on hopes Britain will avoid crashing out of the European Union. While there were few catalysts to drive business and Wall ...
Oil prices fall after 8% jump the day before
December 27th, 2018
Oil fell on Thursday after soaring 8% in the previous session, as worries over a glut in crude supply and concerns over a faltering global economy pressured prices even as a stock market surge offered support. Brent crude oil ...
Some forecasters remain positive on oil prices and demand going into 2019
December 12th, 2018
Despite dramatic slides in the oil market, some forecasters remain positive on prices and demand going into 2019. A year ahead outlook report from Bank of America Merrill Lynch expects Brent crude to regain its recent losses in 2019 ...
Oil prices jumped by more than 5 percent on Monday
December 3rd, 2018
Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute, and ahead of a meeting this week of the producer club OPEC that is ...
