Search Results for: U.S. oil
Yen Weakens for Second Day as Stocks, Oil Rally; Aussie Advances
January 8th, 2015
The yen fell for a second day against the dollar as stocks rose around the world before U.S. reports this week that economists said will show an improving labor market. Japan’s currency also weakened versus all of its 16 ...
Oil prices hit fresh lows, no end in sight to slump
January 7th, 2015
Oil prices hit fresh five-and-a-half-year lows on Wednesday as global business growth slowed to its weakest level in a year and analysts said a building supply glut meant that more falls were likely before a rebound. The pace of ...
Oil hits five and a half year low under $55 on supply glut
January 5th, 2015
Oil prices dropped to fresh 5-1/2-year lows on Monday on worries about a surplus of global supplies and lackluster demand. Russia’s oil output hit a post-Soviet high last year, averaging 10.58 million barrels per day (bpd), up 0.7 percent ...
Euro Extends Slide on ECB Outlook; Asian Stocks, Oil Slip
January 5th, 2015
The euro weakened to an almost nine-year low and Asian stocks fell amid concern Greece will exit the European currency union. Oil slumped to its lowest level since 2009, while silver and Chinese shares climbed. The euro depreciated 0.5 percent to ...
Asia pauses after Wall Street peak, oil pares losses
December 23rd, 2014
A holiday hush settled over Asian markets on Tuesday after Wall Street closed at historic highs while oil prices recouped just a little of the losses suffered when Saudi Arabia quashed all thought of curbing supply. A revival in ...
Where Are Oil Prices Headed In The Long Run?
December 18th, 2014
Global benchmark crude oil prices have declined sharply this year on slower demand growth and rising supplies. The growth in demand for crude oil has slowed down significantly this year due to moderating economic growth in emerging markets, such ...
Oil plumbs depths as OPEC refuses to blink
December 16th, 2014
A modest rebound by oil futures gave way to fresh selling Monday, clearing the way for a new round of lows after the Organization of the Petroleum Exporting Countries offered no indication it’s ready to blink and cut production. ...
U.S. stocks finished lower on Monday
December 16th, 2014
U.S. stocks finished lower on Monday, topping off a wild ride that had the Dow Jones Industrial Average trading in a more than 300-point range on either side of neutral as investors monitored the price of oil. “Everyone keeps ...
An alternative oil investment that hinges on infrastructure needs
December 15th, 2014
The sharp decrease in oil prices over the past six months undoubtedly has pained advisers and investors interested in the energy sector. Oil prices dropped sharply last week, reaching five-year lows. For the first time since July 2009, the ...
Crashing crude may blow a $1.6 trillion hole in the global oil sector, annually
December 15th, 2014
Talk about an oil spill. The spectacular unhinging of crude oil prices over the past six months is weighing mightily on the U.S. stock market. And while it may be too early to abandon all hope that the market ...
