Search Results for: crude futures
Oil prices slip as China Q3 GDP growth falls
October 19th, 2015
Oil prices dipped on Monday as China’s economic growth eased in the third quarter to grow at the slowest pace since the start of the global financial crisis. Brent for December delivery was down 18 cents at $50.28 a ...
Oil steadies after week of heavy losses
October 16th, 2015
Oil prices steadied on Friday, snapping a week-long decline as investors closed positions at the end of a volatile week that saw prices slide nearly 10 percent on renewed signs a global supply glut was here to stay. Brent’s ...
Asia stocks rise, dollar sags as weak U.S. data dents rate hike prospects
October 15th, 2015
Asian shares rose to 2-month highs on Thursday and the dollar struggled near multi-week lows after weak U.S. economic data added to expectations that the Federal Reserve will delay hiking interest rates. MSCI’s broadest index of Asia-Pacific shares outside ...
Asian shares extend losses after China prices cool
October 14th, 2015
Asian shares tottered on Wednesday, extending losses after consumer inflation in China eased more than expected and heightened concerns about deflationary pressures in the world’s second-largest economy. China’s consumer price index (CPI) rose 1.6 percent in September from a ...
CME permanently bans 3 traders for spoofing
October 13th, 2015
CME Group Inc has permanently banned three traders who admitted to violations including the manipulative strategy known as spoofing, according to disciplinary notices issued on Monday. A permanent ban is a severe punishment that CME, which owns the New ...
Oil Prices Tumble as OPEC Production Grows
October 13th, 2015
OPEC reports that its output rose to a more-than-three-year-high in September Oil prices dropped Monday after the Organization of the Petroleum Exporting Countries reported that its output rose to a more-than-three-year high last month. OPEC said in a monthly ...
Oil Extends Gains Near $50 a Barrel as OPEC Sees Demand Growth
October 12th, 2015
Non-OPEC crude oil supply due to contract, OPEC chief says Global prices have bottomed, signs of 2016 recovery: Qatar Oil extended gains near $50 a barrel amid speculation an increase in demand will ease a global glut. Futures rose ...
Asia stocks shine as Fed minutes hint at patience on hike
October 9th, 2015
Asian shares rose on Friday, taking their cue from a jump in oil prices and Wall Street gains after minutes of the Federal Reserve‘s latest meeting damped down expectations of an imminent Fed rate hike. The Fed minutes revealed ...
$50 Oil: So Close, Yet Oh So Far
October 8th, 2015
U.S. futures slip below $48, as inventories increase more than expected Oil prices pulled back from a one-month high on Wednesday, as yet another rally fizzled on a muddled supply outlook. Having pushed to nearly $50 a barrel in ...
Oil up as Russia ready to talk with producers, US rig count drops
October 5th, 2015
Crude oil futures edged up on Monday after Russia said it was ready to meet other producers to discuss the situation in the global oil market, where prices have more than halved from last year’s highs due to a ...
