Search Results for: Saudi Arabia
U.S. oil prices hit highest since mid-2015
December 29th, 2017
U.S. oil prices hit their highest levels since mid-2015 on the final trading day of the year as an unexpected fall in American production and a fall in commercial crude inventories stoked buying. In international markets, Brent crude oil ...
Oil prices near 2015 highs on tight market
December 28th, 2017
Oil prices were stable on Thursday with trading activity drying up ahead of the New Year weekend. Heading into 2018, traders said market conditions were relatively tight due to ongoing supply cuts led by the Middle East-dominated Organization of ...
Oil prices dipped
December 21st, 2017
Oil prices dipped on Thursday as soaring U.S. output, fast approaching 10 million barrels per day (bpd), outweighed a drop in American crude inventories. U.S. West Texas Intermediate (WTI) crude futures were at $58.02 a barrel at 0540 GMT, ...
Three UK law firms announce global expansion plans
December 19th, 2017
UK law firms are continuing to open up offices globally and link with local firms with the latest three law firms announcing plans to expand abroad. Pinsent Masons has joined forces with Saudi Arabian law firm Alsabhan & Alajaji ...
Oil prices edge up on expected drop in U.S. crude stocks
December 5th, 2017
Oil prices nudged higher on Tuesday, buoyed by expectations of a drop in U.S. crude stockpiles and after last week’s deal between OPEC and other crude producers to extend output curbs. International benchmark Brent crude futures were trading up 6 ...
Oil Prices Falls On Lower Chinese Crude Imports
November 8th, 2017
Oil prices fell on Wednesday as Chinese crude imports slipped to their lowest level in a year, although traders said the overall market remains well supported on the back of OPEC-led supply cuts. Traders said the market was eyeing ...
Asian Stocks Mixed, Dollar Slips; Japan’s Topix index closed at the highest level since 1991
November 8th, 2017
Asian stocks were mixed as a rally that lifted regional equities to the highest levels in at least a decade stalled. The dollar came under pressure after advancing against G10 peers amid concern about the progress of U.S. tax ...
Yen slipped, Korean Won and Aussie Dollar rose; Asian stocks climbed
November 7th, 2017
Asian stocks climbed, with a regional index trading at its highest in a decade, as energy and materials companies benefited from a surge in oil and metals prices. Japan’s Nikkei 225 Stock Average finished at its strongest level since ...
Key financial events coming this week
November 6th, 2017
The yen tumbled to the weakest since March after Bank of Japan Governor Haruhiko Kuroda said it’s crucial for inflation to exceed the 2 percent target. Asian stocks slipped after China’s central bank chief warned again about excessive leverage ...
Oil traders take profits
October 31st, 2017
Oil prices eased on Tuesday as traders took profits following days of gains and as the prospect of increasing U.S. exports dampened overall bullish sentiment that has driven Brent above $60 per barrel. Traders said that Iraq’s move to ...
