Search Results for: West Texas Intermediate
Oil prices fall on strong dollar, trading thin ahead of OPEC meeting
November 25th, 2016
Oil prices fell on Friday, under pressure from a strong dollar, but activity was low after the U.S. Thanksgiving holiday and as many traders are reluctant to take big new positions ahead of a planned OPEC-led crude output cut ...
Dollar Set for Weekly Surge as Fed Outlook Weighs on Bonds, Gold
November 25th, 2016
100% odds of a December Fed move keep dollar at 10-year high 40-year JGB yields drop after auction, flattening curve The prospect of a higher interest-rate environment in the U.S. continues to course through markets, sending the dollar toward ...
Oil prices static on uncertainty over planned production cut
November 24th, 2016
Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity due to the U.S. Thanksgiving holiday kept traders from making big new bets on markets. International Brent crude oil ...
Dollar Extends Surge as Bonds Decline; Japanese Equities Climb
November 24th, 2016
Gold near 9-month low as futures put 100% odds on Fed hike Emerging markets slip, with Philippine peso at eight-year low The dollar extended gains at the highest in more than a decade as a stronger case for hiking ...
Asian Stocks Extend Global Advance as Oil Slips; Ringgit Weakens
November 23rd, 2016
Fed fund futures show 100% chance of a rate hike next month Ringgit slumps before rate decision; Japanese markets shut Asian stocks rose amid optimism the global economy is strong enough to withstand higher U.S. interest rates. Oil slipped ...
Oil prices fall on renewed doubts on OPEC-led production cut
November 23rd, 2016
Oil prices fell in Asian trade on Wednesday, reversing earlier gains, as doubts re-emerged over whether OPEC would agree to a crude oil production cut at a ministerial meeting next week. A strong dollar, which traded near the 13 ...
Asia stocks at one-week highs on U.S. cues; oil jumps
November 22nd, 2016
Asian stocks rose to one-week highs, helped by solid overnight gains on Wall Street, though investors were wary of chasing prices higher until President-elect Donald Trump picks his economic team. Oil extended gains. Crude oil climbed in Asian trading ...
Oil prices climb on expectation of OPEC-led output cut
November 21st, 2016
Oil prices rose by more than 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein in oversupply that has put pressure on prices for over two years. International Brent crude oil futures ...
Asian Energy Stocks Rally With Crude Oil as Dollar Holds Advance
November 21st, 2016
Japan’s Topix index caps longest rally since August 2015 Dollar index at January high as Trump spurs rate-hike bets Oil jumped on optimism OPEC will agree to a supply-cut deal, buoying Asian energy stocks. The dollar built on last ...
Oil prices fall as strong dollar wipes out OPEC cut optimism
November 18th, 2016
Oil prices fell in early trading on Friday as the strengthening U.S. dollar snuffed out rekindled hopes that OPEC might agree production cuts. International Brent crude oil futures LCOc1 were trading down 13 cents at $46.36 per barrel at ...
