Search Results for: U.S. crude
Asia shares near 2016 highs as China trade rebounds
April 13th, 2016
Asian shares came close to their highs for the year on Wednesday after surprisingly upbeat Chinese trade data offered hope the Asian giant was finally stabilising, underpinning both risk sentiment and commodity prices. China reported exports jumped 11.5 percent ...
Oil prices hold steady on strong China demand, ahead of producer meeting
April 12th, 2016
Oil prices were stabile on Tuesday, with U.S. crude futures holding above $40 per barrel and Brent approaching $43 ahead of a meeting of major producers to discuss freezing output levels to rein in ballooning oversupply. U.S. West Texas ...
Most Asia markets advance, with Nikkei rising as yen slips
April 12th, 2016
Most major Asia markets ended higher Tuesday, shrugging off after a lower finish in U.S. equities overnight ahead of earnings season. Australia’s ASX 200 added 44.06 points, or 0.89 percent, to 4,975.60, boosted by a 1.73 percent gain in the heavily-weighted ...
European stocks slip at the open as oil falls
April 11th, 2016
European markets opened lower, following a mostly negative lead from Asia, as the oil price reversed its positive moves to trade in the red. The pan-European STOXX 600 was down 0.3 percent. Asia markets were mostly lower on Monday morning although Chinese ...
Oil rises on signs of tightening market, but economic worries weigh
April 11th, 2016
Oil prices rose on Monday, extending a sharp rally seen at the end of last week after a drop in U.S. inventories and drilling, while outages and hopes that exporters could freeze output also supported prices. Oil futures were ...
Asia markets broadly lower as risk-off sentiment settles in
April 8th, 2016
Asia markets were broadly lower on Friday, after U.S. equities sold off overnight amid renewed concerns over global growth and the effectiveness of central bank policy. Australia’s ASX 200 retraced some of the early losses to trade down 0.4 percent, as ...
Oil Prices Soar After Inventory Data
April 7th, 2016
Chinese economic gauge also shows quicker-than-expected improvement Oil prices rallied Wednesday on an unexpected decline in U.S. crude stockpiles. Light, sweet crude for May delivery settled up $1.86, or 5.2%, at $37.75 a barrel on the New York Mercantile ...
Asia markets mostly higher; Nikkei edges up despite yen strength
April 7th, 2016
Most Asian markets rose on Thursday, with Japan’s benchmark index snapping a seven-day losing streak despite fresh strength in the yen. Japan’s benchmark Nikkei 225 closed up 34.48 points, or 0.22 percent, at 15,749.84, after wavering between positive and negative territory ...
Asia markets higher; Nikkei turns up on slightly weaker yen
April 6th, 2016
Asia markets turned higher on Wednesday, shrugging off a global sell-off in equities overnight, as oil prices advanced and activity in China’s services sector showed signs of pick-up. Australia’s ASX 200 was up 0.54 percent. Japan’s Nikkei 225 wavered before trading up 0.28 ...
Asia markets rise; Japanese yen maintains 111 handle versus dollar
April 4th, 2016
Asian markets were mixed Monday, with Japanese shares losing ground on the back of a lower dollar/yen pair, which has hovered at the 111 level since Friday. Australia’s ASX 200 was up 0.64 percent, while Japan’s Nikkei 225 gave up gains to trade ...
