Search Results for: crude
Oil prices start the week lower after jump in U.S. rig count
January 9th, 2017
Oil prices were lower early on Monday as drilling activities in the U.S. intensified last week, stoking concerns that the effort by global oil producers to curtail oversupply could be undercut by American shale producers. On the New York ...
Korean won weakest major currency followed by pound and yen
January 9th, 2017
Korean won weakest major currency, followed by pound and yen Crude oil price down for first time in four sessions The offshore yuan had its biggest two-day fall since June as most other major currencies also slid, led by ...
Asian shares mixed as investors consider latest Fed minutes
January 5th, 2017
Asian shares mixed as investors consider latest Fed minutes Asian stock indexes were mixed Thursday as investors assessed the latest Federal Reserve board’s meeting minutes. Japanese shares slipped as the yen strengthened against the dollar. KEEPING SCORE: Japan’s benchmark ...
CME Group Reached Record Average Daily Volume of 15.6 Million Contracts in 2016
January 5th, 2017
CME Group Reached Record Average Daily Volume of 15.6 Million Contracts in 2016, up 12 Percent from 2015 Annual average daily volume records reached in Interest Rates, Energy, Agricultural Commodities, Metals, Total Options and Electronic Options Fourth-quarter 2016 volume ...
Saudis expect 46% increase in oil revenue this year
January 4th, 2017
Saudi Arabia has forecast its revenue from crude oil will significantly rise in 2017, as prices show a positive trend after the deal between OPEC, Russia and other producers to cut output. Riyadh expects to collect 480 billion riyals ...
U.S. Stocks Halt 3-Day Drop as Dollar, Gold Climb: Markets Wrap
January 4th, 2017
Crude slides from 18-month high amid doubts on OPEC cuts Warnings, optimistic calls vie for investor attention U.S. stocks rose with the dollar as economic data bolstered confidence that the American economy is poised to accelerate. Gold rose and ...
Oil prices rise as markets eye OPEC, non-OPEC production cuts
January 3rd, 2017
Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will be effective in draining a global supply glut. International ...
Oil prices on track for greatest yearly percentage gain since 2009
December 30th, 2016
Oil prices are on track for their biggest annual percentage gain since 2009 on the back of an agreement struck between OPEC and non-OPEC countries to cut crude production output. U.S. benchmark West Texas intermediate (WTI) CLc1 crude futures ...
Euro Climbs Along With Oil as Japan Stocks Decline: Markets Wrap
December 30th, 2016
European currency spiked as much as 1.6% versus greenback Crude climbed after first daily decline in nine days The euro spiked higher as the dollar weakened for a second day and oil advanced in thin end-of-year trading. Japan’s Topix ...
MOEX announced final settlement of Brent Oil Futures
December 29th, 2016
The Exchange has added the Brent Oil Futures contract (BR-1.18) expired on 1 January 2018 to the trading system. The expiration date was established in accordance with paragraph 3, clause 1.5 of the contract specification. The contract corresponds with ...
