Search Results for: U.S. oil
European markets set to follow Asia lower; oil under pressure
June 10th, 2016
European markets are expected to open mixed to mostly lower on Friday, as weaker trade in Asia and a fall in oil prices weighed on sentiment. The London FTSE 100 index is called to open 3 points lower at ...
Oil, Metals Rally as Fading Fed Move Prospects Keep Dollar Weak
June 9th, 2016
China markets closed; consumer prices rise as May PPI slips Kiwi strengthens; Japanese shares decline as yen advances Oil and metals advanced as mounting speculation the Federal Reserve will hold off on raising interest rates until later in the ...
Asian Stocks Rise With Won on China Trade Data; Oil Above $50
June 8th, 2016
Chinese imports rose in yuan terms for first time since 2014 Shanghai, Hong Kong shares pare losses as kiwi strengthens Asian stocks recovered from earlier losses and South Korea’s won extended gains as Chinese trade figures added to evidence the ...
Saudi Arabia Cuts Oil Prices in Europe as Iran Ramps Up Exports
June 6th, 2016
Saudi Arabia on Sunday cut its oil prices to Europe, signaling mounting competition after OPEC failed to cap its output amid Iran’s exports ramp up. In an email sent to customers, state oil company Saudi Aramco said it had ...
Japanese Stocks Drop as Yen Advances; Oil Near $49 Before OPEC
June 2nd, 2016
Euro climbs to one-week high before ECB policy review Haven assets including gold and U.S. Treasuries rise Japanese stocks fell by the most in a month and the yen strengthened after Prime Minister Shinzo Abe held back a widely ...
Asia Stocks Fall With Oil, Copper as Yuan Weakens; Aussie Jumps
June 1st, 2016
Crude oil sinks below $49 before OPEC meets Thursday Korean bonds rally as export slump weighs on the won Asian stocks retreated with commodities and the yuan weakened as Chinese manufacturing data pointed to lackluster growth in the world’s ...
Oil prices dip on strong dollar, rising Canadian output
May 30th, 2016
Oil prices dipped on Monday as a strong dollar weighed on markets and Canadian oil sands production was expected to increase this week. Crude markets, however, did receive some support from the start of the U.S. summer driving season ...
Oil prices retreat from $50 on oversupply concerns, stronger dollar
May 27th, 2016
Oil futures slipped in Asian trade on Friday after hitting resistance at the $50 a barrel mark as investors worried higher prices could reactivate shuttered crude output, adding to global oversupply. Prices were also pressured by a strong greenback ...
Brent oil pushes above $50 for first time in nearly seven months
May 26th, 2016
Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude stocks last week. Brent LCOc1 had climbed 38 cents to ...
Asian Stocks Extend Global Rally as Oil Regains $50; Yen Climbs
May 26th, 2016
Crude Rises on falling U.S. oil stocks, supply disruptions Norwegian krone, Malaysian ringgit strengthen; gold rebounds Energy producers led stocks higher in Asia and the currencies of oil-exporting nations strengthened as Brent crude traded above $50 a barrel for ...
