Search Results for: Brent crude
Oil Pares Biggest Weekly Drop Since April as Dollar Extends Fall
June 17th, 2016
ConocoPhillips restarts oil-sands wells after Canada wildfires Russia sees no need to cooperate on influencing crude markets Oil pared the biggest weekly decline in more than two months as the dollar extended its retreat, increasing the appeal of commodities ...
Surging yen sends Nikkei tumbling 3.1 percent ahead of BOJ meeting
June 13th, 2016
Asian markets ended sharply lower Monday, ahead of central bank meetings in the U.S. and Japan this week and amid jitters over the upcoming referendum on whether the U.K. would remain in the European Union. Japan’s Nikkei 225 tumbled 582.18 points, ...
European markets set to follow Asia lower; oil under pressure
June 10th, 2016
European markets are expected to open mixed to mostly lower on Friday, as weaker trade in Asia and a fall in oil prices weighed on sentiment. The London FTSE 100 index is called to open 3 points lower at ...
Oil prices dip on strong dollar, rising Canadian output
May 30th, 2016
Oil prices dipped on Monday as a strong dollar weighed on markets and Canadian oil sands production was expected to increase this week. Crude markets, however, did receive some support from the start of the U.S. summer driving season ...
Oil prices retreat from $50 on oversupply concerns, stronger dollar
May 27th, 2016
Oil futures slipped in Asian trade on Friday after hitting resistance at the $50 a barrel mark as investors worried higher prices could reactivate shuttered crude output, adding to global oversupply. Prices were also pressured by a strong greenback ...
HSI, Nikkei lead gains as most Asian markets advance
May 25th, 2016
Asia markets mostly closed higher on Wednesday, with Hong Kong leading gains and several major indexes advancing more than 1 percent each. Japan’s Nikkei 225 closed up 258.59 points, or 1.57 percent, at 16,757.35, with shares receiving an additional boost from ...
Oil prices fall as dollar gains, but possible stock drawdown supports
May 24th, 2016
Oil prices fell in thin trade on Tuesday as the U.S. dollar strengthened, but losses were curbed by a likely drawdown in U.S. crude and gasoline stockpiles. Brent futures had declined 42 cents to $47.93 a barrel by 0643 ...
Oil prices dip on strong dollar, firm global supply
May 23rd, 2016
Oil prices slipped in Asian trade on Monday on a strong dollar and signs that global crude supply is holding up even as volumes hit by unplanned outages rise to at least five-year highs. In a further indication of ...
Oil Advances to Six-Month High as U.S. Stockpiles Seen Falling
May 17th, 2016
Crude inventories forecast to decline by 3.5 million barrels Unplanned outages in Nigeria and Canada have cut global output Oil advanced to a seven-month high before U.S. government data forecast to show crude stockpiles dropped for a second week, ...
Asia trades mixed; Chinese shares under pressure
May 16th, 2016
Asian markets ended mostly higher on Monday, as traders shrugged off data released over the weekend that revived concerns over the Chinese economy. Japan’s Nikkei 225 pared some of its over 1 percent gains from early morning to close up 54.19 ...
