Search Results for: Brent crude
West TX Oil Clings to $98 on Further Draws on Supply
August 12th, 2014
U.S. crude oil edged up on Monday as traders moved to cover short positions amid expectations on further draws in domestic crude inventory stocks. Brent was weaker but the markets were supported by a number of geopolitical risks carrying ...
Asia shares extend bounce, oil pinned near lows
August 12th, 2014
Asian shares nudged higher on Tuesday, tracking rallies in the United States and Europe as investors seemed to put aside geopolitical concerns, at least for the moment. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.3 percent ...
West TX Oil reports Below $98 following Iraq Air Strikes
August 11th, 2014
Brent crude oil fell below $105 a barrel in whipsaw trading on Friday, following U.S. air strikes in Iraq that analysts said might lower the risk of oil supply disruptions from OPEC’s second-largest producer. Oil prices rose on reports ...
Asia stocks rose on Wall St. rally, dollar firm after rebound
August 11th, 2014
Asian stocks rose on Monday as tensions eased slightly in Ukraine, while the dollar held steady against the safe-haven yen after rebounding sharply late last week. Spreadbetters expected the upbeat momentum for equities to continue into Europe, with Britain’s ...
Oil Falls After Strong Global Supplies
August 7th, 2014
Brent crude traded near its lowest closing level in nine months on speculation that supplies remain sufficient to meet demand. West Texas Intermediate was near a six-month low. Futures were little changed in London. In Iraq, Kurdish exports remain ...
Asia stocks steady after Wall Street rally, dollar off peaks
August 5th, 2014
Asian stocks slipped on Tuesday after a survey showed China’s services sector growth fell to a record low, souring the positive mood from upbeat U.S. earnings and relief over Portugal’s rescue of its largest bank. Spreadbetters saw Europe faring ...
European Shares Swing Amid Earnings as Euro, Oil Retreat
July 31st, 2014
Europe’s benchmark equity index fluctuated amid mixed earnings, while the euro traded near a nine month low versus the dollar. Banco Espirito Santo SA shares were suspended after it said it will need to raise funds while emerging-market stocks ...
Oil Mixed With West TX reaching $102
July 28th, 2014
Brent crude oil reversed losses jumping back above $108 a barrel on Friday, as fighting in Ukraine and deteriorating relations between Russia and the United States ignited new fears of supply disruptions in the market. A Russian security official ...
Asia stocks drop after earnings hurt Wall Street
July 28th, 2014
Asian stocks faced a drop in Wall Street and hovered near three-year highs on Monday, with China taking the lead after data showed a robust jump in profits earned by industrial firms in the world’s second-largest economy. The dollar ...
Watch what markets don’t do as world politics turns nasty
July 23rd, 2014
Like so much in the investment world of late, it’s what financial markets are not doing right now that is most intriguing. Over the course of the past month, conflicts, superpower standoffs and economic sanctions have flared in ...
