Search Results for: Crude prices
Asian stocks higher as shock of Paris attacks fades
November 18th, 2015
Asian stocks were mostly higher Wednesday as the shock of the Paris terror attacks faded and an uptick in U.S. inflation added support for a possible interest rate hike. KEEPING SCORE: Tokyo’s Nikkei 225 gained 0.2 percent to 19,676.77 ...
Oil Approaching $40 Deepens Investor Pessimism on Recovery
November 17th, 2015
Hedge funds’ short position grew 21% through Nov. 10: CFTC IEA sees `massive cushion’ worldwide on record production Hedge funds have turned more pessimistic on oil as prices flirted with $40 a barrel for the first time since August. ...
U.S. Stocks Rally, Led by Energy Sector
November 17th, 2015
Traditional haven investments such as gold and government bonds tick higher Markets broadly shook off concerns stemming from the deadly terror attacks in Paris, even as oil prices rose on the prospect of greater violence in the Middle East. ...
Saudi Arabia Preparing To Fuel Its $100 Billion Oil War With Debt
November 16th, 2015
Saudi Arabia has probably spent around $100 billion of its foreign reserves by now to prosecute its war against American shale and other low-cost oil producers. The oil kingdom’s decision one year ago not to cut production to support ...
IEA releases Oil Market Report for November
November 16th, 2015
Non-OPEC output to slip more than 0.6 mb/d in 2016 as demand growth slows to 1.2 mb/d from five-year high Global demand growth is forecast to slow to 1.2 million barrels per day (mb/d) in 2016 after surging to ...
Oil edges up after Paris attacks, French air strikes in Syria
November 16th, 2015
Crude oil futures rose on Monday as France launched large-scale air strikes against Islamic State in Syria, but analysts said oil and other commodities were expected to remain under pressure as oversupply weighs on prices. Crude benchmarks, which lost ...
4 Harbingers Of Stock Market Doom That Foreshadowed The 2008 Crash Are Flashing Red Again
November 12th, 2015
So many of the exact same patterns that we witnessed just before the stock market crash of 2008 are playing out once again right before our eyes. Most of the time, a stock market crash doesn’t just come out ...
Asian shares rangebound amid gloomy oil outlook
November 12th, 2015
Pedestrians walk past a share prices board showing the numbers on the Nikkei 225 at the Tokyo Stock Exchange in Tokyo, Japan. Asian equities were lackluster on Thursday, with weakening commodity prices, concerns over a slower-growing China and a ...
Asian stocks mixed after China data deluge
November 11th, 2015
Asian stocks turned mixed on Wednesday following fresh economic data from China that largely met expectations. China’s fixed-asset investment (FAI) increased 10.2 percent in the January-October period compared with the year-earlier period, in line with expectations, slightly coming down from the ...
How the Unshackled Ruble Has Changed Russia’s Economy Forever
November 10th, 2015
The weaker currency has hit consumers hard but helped oil producers Today marks the one-year anniversary of the freeing of the ruble for the first time in its post-Soviet history. In five charts, we show how the central bank’s ...