Search Results for: crude
Oil prices rise as dollar comes off two-week high
August 30th, 2016
Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to an output freeze continued to drag on prices. The U.S. ...
Asia markets mostly down; Nikkei sells off following disappointing inflation data
August 29th, 2016
Asia markets closed mostly lower on Friday, with Japanese stocks selling off more than 1 percent after soft inflation data prompted concerns over the effectiveness of government stimulus. The benchmark Nikkei 225 closed down 195.24 points, or 1.18 percent, at 16,360.71. Across the ...
Most Asia stocks slide on Fed officials’ rate comments, dollar firms
August 29th, 2016
Most Asian share markets tumbled on Monday while the U.S. dollar added to gains made after Federal Reserve Chair Janet Yellen indicated a U.S. interest rate increase remains on the cards for this year. European markets also looked set ...
Oil Resumes Drop Near $47 Amid Market Stabilization Deal Doubts
August 29th, 2016
Stability should be achieved soon for oil market: Al Mazrouei Rising Iranian output dims prospects of action: Dana Gas CEO Oil declined amid doubts producers will agree on a deal to stabilize the market when suppliers meet next month ...
Oil prices retreat ahead of Yellen’s speech
August 26th, 2016
Oil prices were down slightly Friday with global crude benchmark Brent and its U.S. counterpart West Texas Intermediate hovering around $47 to $50 a barrel. The October contract for Brent LCOV6, -0.66% on London’s ICE Futures exchange was down 0.46% at $49.44 ...
Asian stocks drop as investors avoid risk before Yellen speech
August 26th, 2016
Asian stocks extended their weekly loss on Friday (Aug 26) ahead of a speech by Federal Reserve Chair Janet Yellen later in the day that may shed light on the US interest-rate outlook. The yen meandered after Japanese consumer ...
Oil prices dip as focus returns to global supply overhang
August 25th, 2016
Crude prices dipped on Thursday as brimming U.S. and Asian fuel inventories returned investor attention to a large global supply overhang, cutting short a price-rally and restricting Brent crude futures to below the $50 a barrel mark. International benchmark ...
The World’s Top Performing Hedge Fund Is Shorting Big Dividends
August 24th, 2016
Oslo Asset Management’s AAM Absolute Return grew 58.5% in 2015 Companies paying dividends rewarded with generous valuations The world’s top performing hedge fund is shorting companies that are juicing their valuations by promising investors big dividends. AAM Absolute Return ...
Asian stocks slip on profit-taking; oil falls
August 24th, 2016
Asian stocks edged lower on Wednesday as strong U.S housing data overnight increased the chances of an interest rate increase in coming months, prompting some investors to take profits, while oil prices slipped after a surprise jump in U.S. ...
Asian Shares Mixed as Oil Prices Fall and Dollar Drops
August 23rd, 2016
Markets await policy details from the U.S. Federal Reserve’s annual meeting at Jackson Hole Shares in Asia were mixed Tuesday, as oil prices fell and the U.S. dollar weakened ahead of a key meeting of Federal Reserve officials and ...
