Search Results for: crude prices
Oil prices fall on global glut fears, slowing U.S. jobs growth
September 7th, 2015
Oil prices fell on Monday as oversupply concerns, a firmer dollar and lackluster U.S. non-farm payrolls data weighed on global markets, but a rebound in Chinese stocks after a two-day holiday helped prop up prices. The long Labor Day ...
Oil prices dip on caution ahead of U.S. jobs data
September 4th, 2015
Oil prices eased on Friday as investors turned cautious ahead of U.S. jobs data that is expected to play into the Federal Reserve’s decision on the timing of any U.S. rate hike. Oil stuck to a narrow range and ...
Oil prices drop 3 percent as investors retreat from overnight gains
September 1st, 2015
Oil prices fell nearly 3 percent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and U.S. crude soared more than 8 percent in the previous session. Both Brent and U.S. crude prices ...
Gold Prices Prove Solid as Major Chinese Stock Indices Hit their Lowest Level since December
August 26th, 2015
Gold prices quickly touched a new 7-week high of $1169 per ounce on Tuesday morning in London, while European and US stock market indices bounced back after the shockwaves sent by the recent sharp decline of Chinese equities. Silver fell ...
Brent Crude Falls Below $45 for First Time Since 2009 on Surplus
August 24th, 2015
Oil in London slid below $45 a barrel for the first time since March 2009 on concerns Chinese demand is slowing just as supplies from the U.S. and Iran threaten to swell a global surplus. Brent futures fell as ...
Derivatives markets see oil prices to stay low for years to come
August 20th, 2015
Oil prices will stay low for years to come, derivatives markets say, keeping a lid on inflation and helping boost global growth. Oil has more than halved in value over the last year, thanks to huge oversupply, and many ...
Oil Prices Slide to 6½-Year Low
August 14th, 2015
Concern about Chinese demand after yuan’s devaluation pressures crude prices Crude-oil futures on the New York Mercantile Exchange dropped to a more-than six-year low Friday on escalating concerns about demand from China following the yuan’s devaluation. Nymex oil futures for ...
Oil Prices Near Six-Year Lows on Oversupply Fears
August 7th, 2015
Increased stockpiles and worries over China’s demand feed bearish momentum Oil prices dropped toward six-year lows Thursday on concerns that the global crude glut will worsen when the U.S.’s busy summer-driving season comes to a close. Prices have slid ...
Oil prices tumble as Iran, global powers reach nuclear deal
July 14th, 2015
Oil prices dropped on Tuesday after Iran and six global powers reached a landmark nuclear deal that would see an easing of sanctions against Tehran and a gradual increase in its oil exports. The agreement, which capped more than ...
Oil prices tumble as Iran deal nears
July 13th, 2015
Oil prices dropped Monday as Iran and global powers appeared close to a historic deal that would loosen sanctions in exchange for curbs on Tehran’s nuclear program. Sanctions have long reined in Iran’s oil production and exports, and the ...
