Search Results for: Crude prices
U.K. currency near lowest since April; Asia-Pacific stocks advanced
June 13th, 2017
Asia Stocks Climb as Tech Rout Eases; Pound Flat U.K. currency near lowest since April after election upheaval Investors looking to central bank policy meetings this week Asia-Pacific stocks advanced as the global selloff in technology shares showed signs ...
Russia, Saudis See Oil Inventories Falling After Price Drop
June 12th, 2017
Market to be balanced in first quarter of 2018: Russia’s Novak Saudi minister sees stockpiles falling faster in coming months A deal among oil-producing countries to curb production and balance an oversupplied market will achieve its objective in the ...
UK pound tumbled, Asian stocks and U.S. futures gain while yen and gold decline
June 9th, 2017
May’s Conservative party forecast to win without majority Asian stocks, U.S. futures gain while yen and gold decline It wasn’t a day to rival the Brexit vote. While the pound tumbled as the U.K. faces a hung parliament and ...
Dollar weakened and equities retreated as investors turned cautious
June 6th, 2017
Yen climbs to highest in a month, dragging Japan stocks lower Gold gains with 10-year Treasuries; oil resumes declines The dollar weakened and equities retreated as investors turned cautious following a seven-week surge for global stocks. Gold rose and ...
Oil falls as rising Libyan, U.S. output undermines cuts
May 31st, 2017
Oil prices fell on Wednesday, as rising output from Libya added to concerns about increasing U.S. production that is undermining OPEC-led production cuts aimed at tightening the market. Brent crude futures LCOc1, the international benchmark for oil prices, were ...
Oil dips as ongoing glut outweighs strong start to summer driving
May 30th, 2017
A run by U.S. oil prices toward $50 a barrel ran out of steam on Tuesday as persistent concerns of oversupply outweighed signs of a strong start to the American summer driving season. U.S. West Texas Intermediate (WTI) crude ...
Oil falls as U.S. drilling undermines drive to tighten markets
May 29th, 2017
Oil prices fell on Monday as a relentless rise in U.S. drilling undermined an OPEC-led push to tighten supply. Trading activity will be subdued on Monday due to public holidays in China, the United States and Britain. Brent crude ...
Oil drops after OPEC-led output cut extension falls below expectations
May 26th, 2017
Oil extended falls on Friday after tumbling in the previous session when OPEC and allied producers extended output cuts but disappointed investors betting on longer or larger supply curbs. At Thursday’s meeting in Vienna, the Organization of the Petroleum ...
Yuan heads for weekly gain; Pound slides
May 26th, 2017
Crude extends declines as OPEC meeting brings no surprises Japan, Australian equities drop; yuan heads for weekly gain A slump in crude weighed on energy shares as most Asian equity markets headed for a lower finish to the week. ...
Dow Falls 370 Points, Bonds Rally on Trump Turmoil
May 18th, 2017
Risk off sentiment grips markets with Washington on edge Volatility comes roaring back, as gold surges on haven demand The Dow Jones Industrial Average tumbled more than 370 points, Treasuries rallied the most since July and volatility spiked higher ...
