Search Results for: U.S. crude
Oil prices volatile after Saudi Arabia cuts ties with Iran
January 5th, 2016
Oil prices went on a roller-coaster ride Monday after Saudi Arabia and some of its allies severed diplomatic ties with Iran. The rising tension in the Middle East sent crude prices spiking by nearly 3% in early trade before ...
Asia Stocks Resume Slide Amid China Intervention; Metals Rise
January 5th, 2016
PBOC injects cash, state-run funds said to prop up stocks Oil rises to trade near $37 a barrel; base metals advance Asian stocks extended declines while Chinese shares shrugged off government efforts to prop up the country’s sputtering stock ...
Oil surges on Saudi Arabia, Iran tensions
January 4th, 2016
Oil prices surged during the start of 2016 trading as relations between top crude producers Saudi Arabia and Iran deteriorated, raising concerns about potential supply disruptions, though weak Asian manufacturing data kept a lid on bullish expectations. Saudi Arabia, ...
Chinese markets halt trading for day after shares plunge
January 4th, 2016
Chinese stocks plunged Monday, spurring a trading halt for the rest of the session, and leading stock markets in Asia Pacific lower after feeble manufacturing surveys revived concerns over the slowdown of the mainland’s economy. The Shanghai Composite tumbled 6.85 percent ...
Major Asian markets close higher after Nikkei, Kospi erase early losses
December 29th, 2015
Asian equities closed higher on the second day of 2015’s final week, after the Japanese and South Korean markets erased morning losses and the Australian market totted up a more than 1 percent gain. That’s a turnaround from earlier ...
Asia stocks slip but Japan bucks trend on oil bounce; dollar wobbles
December 28th, 2015
Asian stocks dipped on Monday amid a lack of immediate directional cues in light year-end trade, although Japanese shares managed to rise following a rebound in crude oil prices from multiple-year lows. Investors across asset markets were without some ...
Asia equities gain; New Zealand hits record high
December 23rd, 2015
Asia stocks followed their Wall Street peers higher on Wednesday as investors cheered strong U.S. data, a pause in the greenback’s rally and higher oil prices. Markets in Japan were shut for the Emperor’s Birthday. The region is expected ...
Oil prices edge up as northern hemisphere moves into peak winter demand
December 22nd, 2015
Oil prices edged away from multi-year lows on Tuesday as the northern hemisphere moves into the peak-demand winter season, but mild weather and ballooning supplies mean that prices are expected to remain generally low well into 2016. The global ...
Global stocks, dollar climb as Fed lifts off
December 17th, 2015
Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in the world’s largest economy, lifting the dollar and piling on the pain for oil prices. ...
Asian stocks at three-week lows on oil drop; Fed eyed
December 8th, 2015
Asian stocks hit three-week lows on Tuesday as a rout in oil prices knocked energy company shares lower and many investors moved to the sidelines ahead of next week’s meeting where the Federal Reserve is expected to raise U.S. ...
