Search Results for: Oil
Oil prices on track for greatest yearly percentage gain since 2009
December 30th, 2016
Oil prices are on track for their biggest annual percentage gain since 2009 on the back of an agreement struck between OPEC and non-OPEC countries to cut crude production output. U.S. benchmark West Texas intermediate (WTI) CLc1 crude futures ...
Euro Climbs Along With Oil as Japan Stocks Decline: Markets Wrap
December 30th, 2016
European currency spiked as much as 1.6% versus greenback Crude climbed after first daily decline in nine days The euro spiked higher as the dollar weakened for a second day and oil advanced in thin end-of-year trading. Japan’s Topix ...
MOEX announced final settlement of Brent Oil Futures
December 29th, 2016
The Exchange has added the Brent Oil Futures contract (BR-1.18) expired on 1 January 2018 to the trading system. The expiration date was established in accordance with paragraph 3, clause 1.5 of the contract specification. The contract corresponds with ...
Oil, EU exit and diversity will dominate law sector in 2017
December 28th, 2016
The impact of the downturn in the oil and gas industry will continue to be felt in 2017, despite some signs that the worst is over for the sector, according to Ledingham Chalmers chairman Jennifer Young. However, Ms Young, ...
Oil prices step back as investors cash in on latest rally
December 28th, 2016
Oil prices fell Wednesday as investors took profits on the heels of a rally, but trading remained thin. On the New York Mercantile Exchange, light, sweet crude futures for delivery in February CLG7, -0.15% traded at $53.84 a barrel, ...
Yen Breaks Winning Streak While Oil Extends Rally: Markets Wrap
December 27th, 2016
Stocks in China and Japan fluctuate after economic data Crude advances for seventh day, longest stretch in four months The yen halted a four-day advance, while oil continued its longest winning streak in four months as some major financial ...
Crude Oil Price Falls on Shock Inventory Increase
December 23rd, 2016
The U.S. Energy Department’s inventory release showed that crude stockpiles recorded an unexpected build. This weighed on oil prices , sending West Texas Intermediate (WTI) crude futures down 1.5% (or 81 cents) to $41.71 per barrel Wednesday. On a ...
Oil prices fall as US inventories, Libya output weigh
December 22nd, 2016
Oil prices slipped in tepid Asian trading today, dragged down by an unexpected rise in US crude inventories last week and moves by Libya to boost output over the next few months. But the fall was curbed by a ...
Oil prices rise on weaker dollar, optimism on output cuts
December 22nd, 2016
Oil prices nudged higher in tepid Asian trading on Thursday, supported by a weaker dollar and optimism that crude producers would abide by an agreement to curb output to prop up markets. But gains were capped by an unexpected ...
Asian Equities Gain as Dow Hits Record, Oil Climbs: Markets Wrap
December 21st, 2016
Investors shrug off Europe terror events, eye U.S. economy Yen rebounds after weakening to lowest level since February Asian stocks followed advances in U.S. and European equities as the prospects of faster U.S. economic growth propelled markets toward the ...
