Search Results for: U.S. crude
Asian shares hit two-month high after solid U.S. job growth
March 7th, 2016
Asian shares hit two-month highs on Monday, extending sharp gains from last week, following upbeat U.S. jobs data, a rebound in oil and commodity prices and a flurry of reassurances from Chinese leaders that the economy would remain on ...
Oil Prices up on Strong U.S. Data and Lower Oil-Rig Count
February 29th, 2016
Crude oil prices rose in early Asian trade Monday, buoyed by hopes that a fall in U.S. oil rigs would ease excess supply while stronger consumer spending in that country would spark demand for oil. On the New York ...
Oil prices fall on U.S. storage glut, ongoing economic woes
February 11th, 2016
Oil prices slid on Thursday as record U.S. crude inventories at the Cushing delivery point and worries about a global economic slowdown weighed on markets, and Goldman Sachs said prices would remain low and volatile until the second half ...
Oil prices bounce as cold U.S., EU weather boost demand
January 22nd, 2016
Oil prices rose for a second session on Friday, moving further away from 12-year lows plumbed earlier this week, as cold U.S. and European weather as well as firmer financial markets gave traders reason to cash in on record ...
Oil falls 2-3 percent on surplus worries, as U.S. drops toward $27
January 20th, 2016
Crude futures slumped again in Asian trade on Wednesday, with U.S. oil droppping more than 3 percent toward $27 a barrel and its lowest since 2003, on worries about global oversupply. That came after the International Energy Agency, which ...
Bear Market: The Average U.S. Stock Is Already Down More Than 20 Percent
January 12th, 2016
The stock market is in far worse shape than we are being told. As you will see in this article, the average U.S. stock is already down more than 20 percent from the peak of the market. But of ...
Crude oil prices fall almost 20 percent since beginning of the year
January 12th, 2016
Crude oil prices continued a relentless dive early on Tuesday, falling almost 20 percent since the beginning of the year as analysts scrambled to cut their 2016 oil price forecasts and traders bet on further price falls. U.S. crude ...
Crude oil prices drop toward $37 as weak outlook prevails
December 30th, 2015
Crude oil futures slipped toward $37 per barrel on Wednesday as the market remained under pressure due to slowing demand and high supplies, while forecasts that a cold snap in Europe and the United States would be short-lived also ...
Brent crude falls to 2004 low as market rout heads into Christmas
December 21st, 2015
Brent crude oil prices fell to levels last seen in 2004 on Monday, dropping below the lows hit during the 2008 financial crisis on renewed worries over a global oil glut, with production around the world remaining at or near ...
Saudi Arabia Spends Billions to Get Asia Hooked on Its Crude Oil
December 17th, 2015
At the heart of Korea’s Onsan Refinery lies a street called “A.I. Naimi Road,” an homage to Saudi Arabia’s oil minister. The reason: state-owned Saudi Arabian Oil Co. holds a 65 percent stake in the complex. Taking a controlling ...
