Search Results for: crude prices

West TX Oil Holds at $94.50 on a Neutral Inventory Report

August 28th, 2014 (0)
Brent crude dipped on Thursday, but still held between $102 and $103 a barrel, as expectations of ample supply weighed on prices. Global oil supply is expected to exceed demand this year, cooling prices. Oil futures on both sides ...

CFD COMMODITIES – Weak USD and Inventories Boost Oil

August 28th, 2014 (0)
Commodities overview Crude rose after US gas inventories shrank by 960,000 barrels Sugar Lobby in US wins higher import duty as global supply pushes prices down Gold supported by geopolitical risk and USD weakness   The Energy Information Administration ...

ECB speculation drives down yields, weighs on euro

August 27th, 2014 (0)
Euro zone government bond yields plumbed record lows on Wednesday and the euro fell to its weakest in a year against the dollar on expectations the European Central Bank will act soon to counter low growth and slowing inflation. ...

Asian shares firm, euro struggles on ECB easing hopes

August 26th, 2014 (0)
The euro hit its lowest level in nearly a year against the dollar and euro zone government bond yields fell on Tuesday on growing expectations the European Central Bank could ease monetary policy as soon as next week. The ...

Brent Oil Rallies Above $102 on Geopolitical Tensions

August 26th, 2014 (0)
Brent crude oil rose on Monday and U.S. crude fell in light trading, as support from geopolitical tensions in Ukraine and Libya countered ample supplies and anticipated weak demand after a slew of disappointing economic data from the United ...

Euro falls, stocks rise on ECB stimulus bet

August 25th, 2014 (0)
The euro fell to a near one-year low against the dollar and euro zone stocks and bonds rallied on Monday as investors positioned for rising chances of further policy easing by the European Central Bank. ECB President Mario Draghi ...

West TX Oil Drops Below $94 on Weak Demand

August 20th, 2014 (0)
Oil sank on Monday, with Brent near a 14-month low and U.S. oil sinking to its weakest since January, as weak demand and easing concerns over risks to supply offset fears about geopolitical risk. On Monday, oil shed nearly ...

Asia shares up as investors bank on more stimulus

August 14th, 2014 (0)
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...

West TX Oil Drops to 97.30 on Pressure

August 13th, 2014 (0)
Brent crude slipped below $103 a barrel on Wednesday to trade near its lowest level in more than a year as ample supplies countered any disruption risks posed by lingering tensions in Iraq and Libya. It was the fourth ...

Asian shares sluggish, Ukraine anxiety fans growth worries

August 13th, 2014 (0)
Asian shares were tentative on Wednesday, and copper prices slipped to six-week lows on worries about global growth, as investors remained cautious as the crisis in Ukraine threatened a fragile economic recovery in Europe. Adding to the fragile mood, ...
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