Search Results for: Brent crude
West TX Oil at $93 on Softer Economic Data
September 16th, 2014
Brent crude was little changed just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a soft global economic outlook. Data reflecting lackluster manufacturing output performance ...
Oil hits new 26 month low on China concerns
September 16th, 2014
The price of a barrel of oil slipped to a 26-month low during trading yesterday, hit by signs of a slowdown in China and despite the impact of new sanctions on Russia. Brent crude, the global oil benchmark, saw ...
Commodities Continue to Suffer Before Fed Decision
September 15th, 2014
Major commodity markets, many already trading near multi-year lows, could face more pressure should the US Federal Reserve suggest an interest rate rise this week. Precious metals may be the most susceptible, as gold prices in recent days have ...
West TX Oil Drops to $91.30 after Russia Sanctions
September 15th, 2014
Brent crude slumped to a more than two-year low under $97 per barrel on Monday as a slew of lackluster economic data from China, the world’s top energy consumer, cast a shadow on the outlook for oil demand amid ...
Commodities Suffer in 2014 Because of Strong U.S. Dollar
September 10th, 2014
Commodities declined to the lowest in almost eight months as the dollar advanced on speculation that the Federal Reserve will increase interest rates next year, curbing demand for raw materials. The Bloomberg Commodity Index (BCOM) that tracks 22 futures ...
West TX Oil Below $94 as Market Awaits Chinese Data
September 8th, 2014
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 ...
Asian shares tentative, sterling plunges
September 8th, 2014
Sterling declined on Monday and British shares look set to underperform their peers in Europe after a poll found rising support for Scottish independence. European shares are expected to enjoy a firm tone on the whole, following gains on ...
West TX Oil Surges Back to $96 on Data
September 4th, 2014
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 ...
Asian stocks dip, euro stuck near one-year lows
September 2nd, 2014
Asian shares slipped on Tuesday as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on uncertainty over the European Central Bank’s policy decision later this week. Spreadbetters expected an effectively flat open ...
Asian shares slump as Ukraine tensions flare
August 29th, 2014
Asian shares slumped on Friday, after flaring Ukrainetensions spoiled investor risk appetite and bolstered the safe-haven yen. Ukraine’s president said Russian troops had entered his country in support of pro-Moscow rebels who captured a key coastal town, escalating a five-month-old ...
