Search Results for: crude
Dollar Extends Loss Amid Drone Concern, Oil Rises for Second Day
December 19th, 2016
China seized U.S. drone in international waters in Asia Japan shares fall for first time in three days as yen gains The dollar retreated versus most major peers, as heightened geopolitical tensions over China’s seizure of a U.S. naval ...
Oil prices rise as planned oil production cuts start to materialize
December 16th, 2016
Oil prices rose on Friday after Kuwait appeared to be lining up bigger supply cuts than had been initially expected from January as part of a coordinated effort by oil producers to drain a global glut. International Brent crude ...
Dollar Climbs to Strongest Since 2003 on Fed Path; Bonds Drop
December 16th, 2016
‘It feels like going long dollar is free money, no one loses’ Asian index futures diverge as yen drives haven-asset retreat The dollar rallied to its strongest level since 2003 against the euro, while gold plunged as the prospect ...
Oil prices stable, supported as output cuts hit market
December 13th, 2016
Oil prices were stable on Tuesday, buoyed by soaring demand in Asia and as signs of a crude production cut organized by OPEC and other exporters materialized, tightening a market that has been grappling with years of oversupply. International ...
Shanghai stocks extended their worst losses in six months and the dollar’s rally faltered
December 13th, 2016
U.S. oil hovers below $53 a barrel after OPEC-fueled advance Shanghai share index declines as sovereign yield keeps rising Shanghai stocks extended their worst losses in six months and the dollar’s rally faltered as investors weigh the impact of ...
Lukoil: Oil price of $60 per barrel will be dominant in 2017
December 12th, 2016
Lukoil expects that in 2017 oil prices will be around $60 per barrel, Vice President of Lukoil Leonid Fedun said on Friday. “If we analyze the history of such operations, within six months – year oil prices will rise ...
Oil Advances With Asian Stocks While Bonds, Korean Won Decline
December 9th, 2016
Bonds retreat after ECB says it will slow asset purchases European index futures little changed at the start of trading Oil rose a second day before a meeting between OPEC and other major producers on output cuts, as industrial ...
G20 merchandise trade growth remains sluggish in Q3 2016
December 7th, 2016
Growth in G20 total international merchandise trade, seasonally adjusted and expressed in current US dollars, slowed in the third quarter of 2016. G20exports fell marginally, by 0.1%, compared to a growth of 1.6% in the previous quarter. Growth in imports ...
Oil slips on doubts that output cut will be deep enough to end glut
December 7th, 2016
Oil prices slipped on Wednesday on persistent doubts whether a planned crude production cut led by OPEC and Russia would be deep enough to end a supply overhang that has dogged markets for over two years. International Brent crude ...
Oil price heads to $55 despite expected output rise
December 6th, 2016
Russia and Saudi Arabia predicted to increase exports before agreed cuts start in January The oil price is powering on, adding to a 14 per cent advance since the middle of last week following the landmark deal from Opec ...
