Search Results for: Brent crude

Asian shares sank on Friday; The dollar index against a basket of six major currencies was flat

February 9th, 2018 (0)
Asian shares sank on Friday, with Chinese equities on track for their worst day in two years, as fears of higher U.S. interest rates shredded global investor confidence. There was limited immediate market reaction to the U.S. government staggering ...

Oil dips but still set for strongest January in five years

January 29th, 2018 (0)
Oil eased below $70 a barrel on Monday as rising U.S. output undermined efforts led by OPEC and Russia to tighten supplies, but prices were still on track for their strongest start to the year in five years. Brent ...

Oil prices fell on higher U.S. fuel stocks

January 24th, 2018 (0)
Oil prices fell on Wednesday, weighed down by data that showed an increase in U.S. crude oil and gasoline inventories. Brent crude oil futures were at $69.83 a barrel at 0444 GMT, down 13 cents from their last close. ...

Asian equities’ best start to a year since 2006 continued Tuesday; The euro gained less than 0.05 percent

January 16th, 2018 (0)
Asian equities’ best start to a year since 2006 continued Tuesday as most bourses in the region pushed higher. The yen declined amid concern Japanese authorities may want to limit gains that pushed the currency to a four-month high. ...

Oil prices eased on Friday after hitting their highest levels since December, 2014 the previous day

January 12th, 2018 (0)
Oil prices eased on Friday after hitting their highest levels since December, 2014 the previous day. Although analysts and traders have been warning of the risks of a downward price correction since the start of the year, they point ...

U.S. oil prices hit highest since 2015

January 9th, 2018 (0)
U.S. oil prices hit their highest since 2015 again on Tuesday as speculators bet on further price rises amid OPEC-led production cuts and a dip in American drilling activity, though some warned the rally could run out of steam. ...

Oil prices close to mid-2015 highs, but doubts over further rises loom

January 3rd, 2018 (0)
Oil prices were stable on Wednesday, not far off mid-2015 highs reached the previous session, as strong demand and ongoing efforts led by OPEC and Russia to curb production tightened the market. U.S. West Texas Intermediate (WTI) crude futures ...

U.S. oil prices hit highest since mid-2015

December 29th, 2017 (0)
U.S. oil prices hit their highest levels since mid-2015 on the final trading day of the year as an unexpected fall in American production and a fall in commercial crude inventories stoked buying. In international markets, Brent crude oil ...

Oil prices near 2015 highs on tight market

December 28th, 2017 (0)
Oil prices were stable on Thursday with trading activity drying up ahead of the New Year weekend. Heading into 2018, traders said market conditions were relatively tight due to ongoing supply cuts led by the Middle East-dominated Organization of ...

Oil prices dipped

December 21st, 2017 (0)
Oil prices dipped on Thursday as soaring U.S. output, fast approaching 10 million barrels per day (bpd), outweighed a drop in American crude inventories. U.S. West Texas Intermediate (WTI) crude futures were at $58.02 a barrel at 0540 GMT, ...
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