Search Results for: U.S. crude
Asian stocks extend losses on weak China PMI survey; dollar strong
September 23rd, 2015
Asian stocks fell on Wednesday as fears of an entrenched global economic slowdown gripped investors, underlined by a weak factory survey from China, while the greenback firmed as investors fled to relatively safe-haven assets. MSCI’s broadest index of Asia-Pacific ...
Oil Speculators Most Bullish in Two Months as OPEC Calls for $80
September 21st, 2015
U.S. crude output seen falling the most since 1989 next year Almost 15,000 short oil bets closed out before Fed decision Hedge funds slashed their bets on falling oil prices, leaving them the most bullish in two months ...
Asian shares edge up, dollar soft as Fed stands pat and eyes China
September 18th, 2015
Asian shares rose modestly on Friday on relief the Federal Reserve held off on raising interest rates but gains were capped by renewed concerns about the health of the global economy, in particular China. The dollar was on the ...
Oil prices dip as demand stalls – IEA releases Oil Market Report for September
September 14th, 2015
Oil prices dipped on Monday in Asia as weakening demand weighed on markets, although U.S. futures received some support from reduced American drilling. Front-month Brent crude futures LCOc1 were down 37 cents at $47.77 per barrel at 0448 GMT. U.S. crude ...
Global Markets: Stocks end solid week on cautious note
September 11th, 2015
Stocks stay on track for best week in eight Fed rate decision next week hangs in the balance “Quite a fragile time” – equity fund manager Global stocks around the world slipped into the red on Friday but remained ...
Oil dips as Saudi rejects producer summit, set for weekly fall
September 11th, 2015
Crude oil prices eased on Friday due to a strong dollar and Saudi Arabia’s dismissal of a producer summit, putting prices on track for a small weekly fall despite a strong rally in the previous session. October Brent, the ...
Oil prices fall as Asia’s leading economies slow further
September 10th, 2015
Oil prices fell on Thursday as weak Japanese and Chinese economic data fueled concerns that low levels of investment could further erode already slowing global growth. Japan’s core machinery orders fell 3.6 percent in July, official data showed, much ...
Oil retreats more than $5 on weak data, eroding 25 percent rally
September 2nd, 2015
Oil prices plummeted on Tuesday, settling 8 percent lower, as weak Chinese data extended a roller-coaster run that knocked oil to its lowest in 6-1/2 years last week before frenzied short-covering fueled a 25 percent three-session surge. The past ...
Oil prices drop 3 percent as investors retreat from overnight gains
September 1st, 2015
Oil prices fell nearly 3 percent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and U.S. crude soared more than 8 percent in the previous session. Both Brent and U.S. crude prices ...
Oil markets extend gains after biggest daily climb in six years
August 28th, 2015
Crude oil futures rose on Friday, adding to their biggest one-day rally in over six years the day before, led by recovering equity markets and news of diminished crude supplies. U.S. crude are on track for their first weekly ...
