Search Results for: crude prices
These factors will affect the oil price in the future
April 3rd, 2017
When oil price bottomed around $27 per barrel last year in February, many predicted a major reversal and the dark days for producers to be over. Yet, more than a year after the bottom, the oil market is struggling ...
Asia Stocks Climb as Xi-Trump Meeting Approaches: Markets Wrap
April 3rd, 2017
Chinese and Taiwanese markets are both closed for a holiday Event-laden week also includes U.S. jobs report on Friday Stocks in Asia rose at the start of a busy week that includes a meeting between Xi Jinping and Donald Trump ...
Asia Stocks Mixed on Final Day of Stellar Quarter: Markets Wrap
March 31st, 2017
Rand extends loss after South Africa finance minister fired Dollar maintains gains after Fed officials adopt hawkish tone Asian stocks retreated as investors pulled back on the final day of the biggest quarterly advance in five years for the ...
How European Union households energy consumption covered; electricity 25%
March 30th, 2017
Lighting, heating, transport, industrial output: energy is vital for essential day-to-day services, without which we and our businesses cannot function. Turning on our computers or starting our cars are actions that we take for granted, yet they represent the ...
Oil edges up on Libya disruptions, but bloated U.S. market still weighs
March 30th, 2017
Oil prices edged up on Thursday, extending two days of increases as supply disruptions in Libya lifted the market, although bloated U.S. crude inventories curbed gains. Prices for front-month Brent crude futures LCOc1, the international benchmark for oil, were ...
Oil rises on Libyan supply disruptions, likely OPEC output cut extension
March 29th, 2017
Oil prices on Wednesday extended gains from the previous session, lifted by supply disruptions in Libya and expectations that an OPEC-led output reduction will be extended into the second half of the year. Prices for front-month Brent crude futures, ...
Oil edges up as Saudis cut supplies to U.S., but global glut remains
March 24th, 2017
Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States, but overall markets remained under pressure on the back of a world market awash with fuel. Benchmark Brent crude futures LCOc1 were ...
Oil drops as U.S. drilling growth
March 21st, 2017
U.S. shale producers boost rig count for ninth straight week Libya’s Es Sider, Ras Lanuf oil ports poised to resume shiping Oil fell as a Libyan port is set to resume shipments and the U.S. drilling revival undermines the ...
Asian Stocks Follow U.S. Lower Amid Wild Oil Swing: Markets Wrap
March 15th, 2017
Stockpiles report reverses oil drop tied to Saudi output Equities from Singapore to Tokyo slip ahead of Fed decision Crude oil whipsawed on production and stockpiles reports, while most Asian markets followed U.S. equities lower and the dollar slipped ...
Asia stocks firm ahead of U.S. jobs, dollar hits one-and-half-month high vs yen
March 10th, 2017
Asian stocks edged up and the dollar rose to 1-1/2-month highs versus the yen on Friday, ahead of the closely-watched U.S. non-farm payrolls report due later in the day. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 ...