Search Results for: Oil prices
FOREX – Euro dips as Spanish consumer prices fall more than expected
November 27th, 2014
The euro fell against the dollar on Thursday after data showed Spanish consumer prices falling more than expected, firming up expectations that the European Central Bank will have to resort to more aggressive easing of monetary policy. The euro ...
Asia shares edge higher, oil tumbles to four-year low
November 27th, 2014
Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by ...
Saudi, UAE signal no push for OPEC oil cut
November 26th, 2014
OPEC leader Saudi Arabia and fellow member the United Arab Emirates signalled on Wednesday they were unlikely to push for a major change in oil output at the group’s meeting this week to prop up prices that have collapsed by a ...
Santos Flags ‘Prudent’ Capital Raising After Oil Price Falls
November 26th, 2014
Santos Ltd. (STO), set to start output at its $18.5 billion natural gas project in the second half of next year, is studying a sale of hybrid notes in European markets after a slide in oil prices. “It’s prudent capital management to ...
OPEC’s Easy Days Setting Oil Production Are Over, Veteran Says; You Need Russia, Norway, Mexico
November 24th, 2014
The days when OPEC members could all but guarantee consensus when deciding production levels for oil are long gone, according to a veteran of almost two decades of the group’s meetings. The global glut of crude, which has contributed ...
Cheap-Oil Era Tilts Geopolitical Power to U.S.
November 20th, 2014
A new age of abundant and cheap energy supplies is redrawing the world’s geopolitical landscape, weakening and potentially threatening the legitimacy of some governments while enhancing the power of others. Some changes already are evident. Surging U.S. oil production enabled America ...
Brent Oil Drops Before OPEC Meeting, Iran Nuclear Talks
November 18th, 2014
Brent crude dropped for a second day as investors weighed the possibility that OPEC will reduce output next week, or that talks over Iranâs nuclear program could result in an agreement. West Texas Intermediate was little changed in New ...
Gold Holds Decline From Two-Week High as Dollar Gains, Oil Drops
November 18th, 2014
Gold held a retreat from the highest level in two weeks after the dollar strengthened and energy prices dropped, curbing demand for the metal as an investment. Silver and palladium declined. Bullion for immediate delivery traded at $1,186.35 an ...
Gold Heads for Weekly Loss as SPDR Assets Extend Drop, Oil Slips
November 14th, 2014
Gold headed for a weekly decline as investors assessed the timing of higher U.S. borrowing costs amid slumping energy prices, with assets in the SPDR Gold Trust posting the longest period of decrease since May 2013. Bullion for immediate ...
U.S. stocks slip from records; oil falls
November 13th, 2014
U.S. equity prices edged off record highs on Wednesday led by weakness in the financial sector after six global banks were fined a total of $4.3 billion for currency rigging, while the oil market sagged on concerns about a ...
