Search Results for: crude prices
Asian shares firm, count on Fed’s support
July 15th, 2014
Asian shares rose on Tuesday after Citigroup’s earnings and a fresh round of merger and acquisition activity in the U.S. healthcare industry lifted global share prices. Yet, with elevated stock prices on Wall Street and elsewhere relying substantially on ...
Brent Oil down near $107.50 on Renewed Supply Worries
July 14th, 2014
Brent oil bounced off of three-month lows on Monday to near $107 a barrel as the potential for renewed supply disruptions put a floor under prices that have been tumbling since the last week of June. Brent lost $2.01 ...
European Stocks Advance With Asia as Gold, Oil Retreat
July 14th, 2014
European and Asian stocks advanced with U.S. equity-index futures after a gauge of global shares suffered its biggest weekly loss in three months. Gold fell from a four-month high, corn slid a 10th day and oil dropped as the ...
Asian shares nudge higher, oil nurses losses
July 14th, 2014
Asian shares rose on Monday as euro zone banking jitters faded, but investors remained cautious ahead of corporate earnings and a raft of global economic events, including testimony from the head of the Federal Reserve. MSCI’s broadest index of ...
Asian shares track Wall St. lower, yen gains
July 11th, 2014
Asian shares recouped early losses on Friday as sentiment in the region proved resilient to Portuguese bank concerns amid signs offshore funds were returning to emerging world assets. MSCI’s broadest index of Asia-Pacific shares outside Japan recovered to be ...
West TX Oil Near $102 on Gasoline Supply
July 10th, 2014
West Texas Intermediate fell for a 10th day, the longest losing streak on record, after government data showed U.S. gasoline stockpiles expanded amid reduced demand in the world’s biggest oil user. Brent dropped in London. Futures declined as much ...
Asian stocks Mixed after China Trade Data
July 10th, 2014
Asian stocks outside Japan rebounded as China’s trade expanded, while the U.S. oil benchmark-contract slipped toward a record losing streak. European index futures were flat and gold was near a 3 1/2-month high. The MSCI Asia Pacific excluding Japan ...
Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia
July 9th, 2014
Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world’s largest producer of crude oil, most analysts agree. When that happens and by how much, though, has produced disparate ...
Brent Oil down at $109 on Easing Supply Fears
July 9th, 2014
Brent oil slid more than $1 a barrel on Tuesday, its seventh straight decline, with U.S. oil also falling as Libyan oil exports looked likely to rise, and fears eased over a supply disruption in Iraq. Brent has shed ...
Oil price slips as supply fear recede
July 8th, 2014
The price of oil slipped to near $103 a barrel Tuesday as concerns about possible supply disruptions continued to fade. Benchmark U.S. crude for August delivery was down 12 cents to $103.41 a barrel at 0450 GMT in electronic ...
