Search Results for: crude
Oil prices down to near their lowest levels in seven months
June 15th, 2017
Oil prices wallowed near their lowest levels in seven months early on Thursday, hurt by high global inventories and doubts over OPEC’s ability to implement production cuts. Brent crude futures were at $47.01 per barrel at 0222 GMT, virtually ...
Traders review: Yen little changed, Aussie jumped, New Zealand dollar fell
June 15th, 2017
Asian stocks retreated as banks slumped and oil touched the lowest level since November. Bonds rallied amid lingering inflation concerns even after Federal Reserve Chair Janet Yellen suggested weak readings won’t persist. The yen was little changed at 109.60 ...
Stocks, Currencies Mixed Ahead of Fed; Oil Slumps
June 14th, 2017
China retail sales, output match forecast, Aussie dollar rises Treasury yields steady; South Korea’s Kospi gives up gains Asian equities were mixed, with solid gains in Australia and New Zealand offset by China, where markets weakened despite data showing ...
Oil prices edges up on Saudi pledge to make real supply cuts
June 13th, 2017
Oil prices edged up early on Tuesday, lifted by statements that OPEC-leader Saudi Arabia was making significant supply cuts to customers, although rising U.S. output meant that markets remain well supplied. Brent crude futures LCOc1 were at $48.42 per ...
U.K. currency near lowest since April; Asia-Pacific stocks advanced
June 13th, 2017
Asia Stocks Climb as Tech Rout Eases; Pound Flat U.K. currency near lowest since April after election upheaval Investors looking to central bank policy meetings this week Asia-Pacific stocks advanced as the global selloff in technology shares showed signs ...
Russia, Saudis See Oil Inventories Falling After Price Drop
June 12th, 2017
Market to be balanced in first quarter of 2018: Russia’s Novak Saudi minister sees stockpiles falling faster in coming months A deal among oil-producing countries to curb production and balance an oversupplied market will achieve its objective in the ...
Oil prices pinned down by strong dollar, supply worries
June 9th, 2017
Oil prices were little changed on Friday, clawing back earlier declines, amid a variety of market impacts including a rising dollar as returns from the U.K election came in and concerns the ongoing concerted effort by Middle Eastern and ...
UK pound tumbled, Asian stocks and U.S. futures gain while yen and gold decline
June 9th, 2017
May’s Conservative party forecast to win without majority Asian stocks, U.S. futures gain while yen and gold decline It wasn’t a day to rival the Brexit vote. While the pound tumbled as the U.K. faces a hung parliament and ...
Asia Stocks Mixed Before Key Europe, U.S. Events
June 8th, 2017
Asia Stocks Mixed Before Key Europe, U.S. Events Oil crawls back after tumbling Wednesday on stockpiles report Investors remain cautious; yen erases loss on BOJ report Investors were reluctant to add big positions ahead of key events looming in ...
Oil rises off one-month lows struck after surprise stock build
June 8th, 2017
Oil rises off one-month lows struck after surprise stock build Crude futures edged up in early Asian trading on Thursday following heavy losses in the previous session after official data showed that U.S. inventories rose for the first time ...
