Search Results for: Brent crude
Oil bounced by around $1 a barrel; Investors remained on edge
November 21st, 2018
Oil bounced by around $1 a barrel on Wednesday to claw back some of the previous day’s 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories and record Indian crude imports. But ...
Oil prices fall one percent amid global stock market slump
October 25th, 2018
Oil prices fell by around one percent on Thursday, coming under pressure from sharp selloffs in global stock markets, with U.S. stocks posting the biggest daily decline since 2011 to wipe out the year’s gains. Front-month Brent crude oil ...
Global stocks extended declines Tuesday
October 10th, 2018
Global stocks extended declines Tuesday, taking European markets past a six month and pulling U.S. equity futures into the red, following a downbeat assessment of world economic growth from the International Monetary Fund and a renewed rise in U.S. ...
Oil prices dip on rising U.S. supply
October 3rd, 2018
Oil prices dipped on Wednesday, weighed down by a report of rising U.S. crude inventories and an expected increase in production. Despite this, prices remain near four-year highs reached earlier this week ahead of U.S. sanctions against Iran’s oil ...
Will oil prices pass $100 a barrel?
September 26th, 2018
Oil prices hit a four-year high of $82.01 a barrel on Tuesday after Saudi Arabia and Russia appeared to reject calls from the US to increase production amid looming sanctions against Iranian oil. Brent crude hit its highest level ...
Asian Stocks Mixed, Yen and British Pound were steady; Key financial events coming up
September 26th, 2018
Asian stocks were mixed as traders awaited the Federal Reserve meeting. U.S. Treasuries were steady, with yields near the seven-year highs reached in May. Japan’s Topix index retreated from its highest in almost eight months. Stocks rallied in Hong ...
Oil prices ease as trade row clouds demand outlook
September 17th, 2018
Global oil prices eased in early Asian trading on Monday on concerns that the United States is poised to impose additional tariffs on China, outweighing supply fears from upcoming sanctions on Iran. Brent crude oil futures dipped 16 cents, ...
Oil prices rose as U.S. drilling for new production stalled
September 10th, 2018
Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November. U.S. West Texas Intermediate (WTI) crude futures were at ...
Oil prices dips on concerns of slowing economic growth
August 20th, 2018
Oil prices dipped on Monday as concerns over slowing economic growth weighed on markets. International Brent crude oil futures were at $71.78 per barrel at 0019 GMT, down 5 cents from their last close. U.S. West Texas Intermediate (WTI) ...
Oil prices volatile as trade conflict between U.S. and China escalates
July 6th, 2018
Oil prices seesawed in nervous trading on Friday as the United States slapped a raft of tariffs on Chinese goods in an escalating trade war between the world’s two biggest economies. Oil prices initially fell on Friday, along with ...
