Search Results for: Oil
Emerging Stocks Advance as Oil Declines While Europe Stoc
June 30th, 2014
Emerging-market stocks rose, extending the biggest quarterly advance since September 2012. Shares in Europe fell, while oil declined as continuing violence in Iraq failed to disrupt supply. The MSCI Emerging Markets Index (BUSY) climbed 0.4 percent at 7:25 a.m. ...
Symmetry between prices of gold and crude oil coming apart
June 27th, 2014
A five-year symmetry between international prices of gold and crude oil is coming apart with investors drifting away from the yellow metal as their risk aversion diminishes. Historically, both these commodities had positive correlation, with their prices moving in ...
US approves some exports of light oil
June 26th, 2014
As the oil industry pushes the Obama administration to lift a longstanding ban on the export of crude oil, the Commerce Department has granted two Texas companies permits to export a light, processed form of oil, according to people ...
U.S. Ruling Loosens Four-Decade Ban On Oil Exports
June 25th, 2014
The Obama administration cleared the way for the first exports of unrefined American oil in nearly four decades, allowing energy companies to start chipping away at the longtime ban on selling U.S. oil abroad. In separate rulings that haven’t ...
Oil falls as fear fades over Iraq conflict
June 24th, 2014
The price of oil fell Tuesday as fears receded that the insurgency roiling Iraq would affect its oil production and exports. Islamic militants have been steadily expanding their grip on the country’s north, where they control a broad swath ...
Oil jumps to near $106 on Iraq violence
June 12th, 2014
Oil rose to near $106 per barrel Thursday as an insurgency in Iraq raised the risk of disruption to supplies after OPEC vowed to keep output unchanged. Benchmark U.S. oil for July delivery was up $1.45 to $105.85 a ...
For OPEC, the price of oil is just right, for the moment
June 12th, 2014
The world oil market has set up quite nicely for OPEC. Dramatic changes in oil production around the globe are balancing each other out instead of wreaking havoc. This has helped world oil prices stay high enough to provide ...
Yen Rebounds as Most Asia Stocks Drop With Oil Before ECB
June 5th, 2014
Japan’s yen rebounded from a one-month low while Euro Stoxx 50 Index futures were little changed before a European Central Bank monetary-policy announcement. Most Asian stocks retreated with oil, and platinum dropped amid talks to end a South African ...
Oil higher in Asian trade
June 4th, 2014
Oil prices edged higher in Asia on Wednesday as investors await the latest US supply report for clues about demand in the world’s biggest crude consumer. The US benchmark, West Texas Intermediate (WTI) for delivery in July, gained eight ...
ASIC obtains extension of injunction freezing bank accounts of Sino Australia Oil and Gas Limited
June 3rd, 2014
The Australian Securities and Investments Commission (ASIC) has obtained orders in the Federal Court in Melbourne extending an injunction restraining Sino Australia Oil & Gas Ltd (SAO), an ASX-listed entity, from transferring company funds from two accounts it holds ...
