Search Results for: Russia
Oil prices edge up on reports of Saudi supply cuts, but details murky
January 11th, 2017
Oil edged up on Wednesday, lifted by reports of Saudi supply cuts to Asia, but gains were capped by a lack of detail about the reductions and because of signs of rising supplies from other producers. Prices for Brent ...
Asian Shares Climb Amid Metals Bounce as Yen Slips: Markets Wrap
January 11th, 2017
Iron ore, copper lead materials higher on China growth signs U.S. shares meandered amid angst before Trump media conference Asian stocks rallied, led by a surge in mining companies, after evidence of quickening price growth in China boosted industrial ...
Investing in Gold? What year 2017 shows
January 9th, 2017
Should you invest in gold in 2017? Gold investment demand tends to go up when the world economy is uncertain and volatile. 2016 was an archetypal game of two halves for gold investors. From January up until early June, ...
Saudis expect 46% increase in oil revenue this year
January 4th, 2017
Saudi Arabia has forecast its revenue from crude oil will significantly rise in 2017, as prices show a positive trend after the deal between OPEC, Russia and other producers to cut output. Riyadh expects to collect 480 billion riyals ...
Exxon Mobil, Tillerson agree to cut all ties
January 4th, 2017
Exxon Mobil Corp (XOM.N) and Rex Tillerson agreed to sever all ties to comply with conflict-of-interest requirements as the company’s former chairman and chief executive awaits confirmation as U.S. secretary of state. If his appointment is confirmed, the value ...
Oil prices rise as markets eye OPEC, non-OPEC production cuts
January 3rd, 2017
Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will be effective in draining a global supply glut. International ...
European bourses started the last trading day of 2016 slightly in the red
December 30th, 2016
European bourses started the last trading day of 2016 slightly in the red. The pan-European Euro Stoxx 600 was 0.06 percent lower with the major bourses trading in the red. The London Stock Exchange will close early Friday at 12:30 ...
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 ...
Bitcoin Ends 2016 as the Top Currency as It Nears $1,000
December 29th, 2016
Raise your hand if you saw this coming: Bitcoin not only bounced back from its 2015 doldrums, but went on a tear that saw it climb around 120% from the start of the year. As of Wednesday afternoon, the ...
Ruble closing year as world’s best-performing currency
December 27th, 2016
The Russian ruble is expected to be one of the strongest currencies in the world this year with the Brazilian real only trading better against the dollar. Rising oil prices and growing interest from foreign investors despite sanctions are ...
