Search Results for: U.S. crude
Oil price rally likely short-lived as OPEC deal not enough to reduce glut
December 2nd, 2016
The oil price rally sparked by an OPEC-Russia deal to cut output is likely to be short-lived, say traders in Asia, because the agreement may only draw more supplies from storage tanks and more crude shipments from the United ...
The dollar climbed 0.4 percent to 112.78 yen
November 30th, 2016
Output pact under threat as day of Vienna meeting dawns Greenback climbs with Treasuries premium at nine-year high Oil held below $46 a barrel ahead of a make-or-break OPEC meeting on stabilizing the crude market, while the dollar headed ...
Dollar Extends Retreat as Metals Advance With Asian Equities
November 28th, 2016
Oil in New York holds losses near $46 before OPEC meeting Lead, zinc surge; emerging currencies, gold also advance The dollar fell the most since September versus major peers as traders focused on events this week that could derail ...
Oil prices fall on strong dollar, trading thin ahead of OPEC meeting
November 25th, 2016
Oil prices fell on Friday, under pressure from a strong dollar, but activity was low after the U.S. Thanksgiving holiday and as many traders are reluctant to take big new positions ahead of a planned OPEC-led crude output cut ...
Dollar Set for Weekly Surge as Fed Outlook Weighs on Bonds, Gold
November 25th, 2016
100% odds of a December Fed move keep dollar at 10-year high 40-year JGB yields drop after auction, flattening curve The prospect of a higher interest-rate environment in the U.S. continues to course through markets, sending the dollar toward ...
Oil prices static on uncertainty over planned production cut
November 24th, 2016
Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity due to the U.S. Thanksgiving holiday kept traders from making big new bets on markets. International Brent crude oil ...
Dollar Extends Surge as Bonds Decline; Japanese Equities Climb
November 24th, 2016
Gold near 9-month low as futures put 100% odds on Fed hike Emerging markets slip, with Philippine peso at eight-year low The dollar extended gains at the highest in more than a decade as a stronger case for hiking ...
Gold price hits 9 Month Low
November 23rd, 2016
Gold prices are solidly lower, hit a nine-month low and have fallen below key chart support at $1,200.00 in early U.S. trading Wednesday. The bearish near-term technical postures for gold and silver markets continue to invite chart-based selling interest. ...
Rally for oil prices stretches further as optimism builds for OPEC deal
November 22nd, 2016
Oil futures extended their advance into a third session in Asia trading Tuesday, as anticipation over a production cut at next week’s meeting of the Organization of the Petroleum Exporting Countries continued to build. Light, sweet crude for January ...
Oil prices climb on expectation of OPEC-led output cut
November 21st, 2016
Oil prices rose by more than 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein in oversupply that has put pressure on prices for over two years. International Brent crude oil futures ...
