Search Results for: crude
Brent oil hovers above $50 on signs of a tighter market
August 19th, 2016
Oil prices headed higher on Friday morning, even amid some profit taking profit-taking in Asia, with Brent prices pushing past $51 a barrel, underscoring the investors’ belief that oil market is tightening. On the New York Mercantile Exchange, light, ...
Dollar Weakens on Fed Outlook as Emerging-Market Shares Advance
August 18th, 2016
Yen breaks 100 after Fed minutes as jobs data boosts Aussie Mongolia’s tugrik stabilizes after interest rate hiked to 15% Emerging-market shares rallied with European stock index futures and the dollar fell versus all of its major peers after minutes ...
Emerging Stocks Slip With Oil as Dollar Rises Before Fed Minutes
August 17th, 2016
Japanese shares advance as yen pulls back from 100 level New York Fed chief says interest-rate rise is drawing closer Emerging-market stocks retreated from near a one-year high and oil fell for the first time in a week after hawkish ...
Oil price heads for $50 after Russia stokes output-deal rumour
August 16th, 2016
Energy minister Alexander Novak pumps up hopes ahead of production talks next month Oil has enjoyed its best three-session gain for four months and the benchmark that sets prices in the North Sea is moving towards $50 a barrel ...
How Long Can this Gold Rally Last?
August 16th, 2016
While gold prices are poised to climb to a 29-month high there are growing reasons to be cautious The Rio Olympics isn’t the only event that’s put gold on the map, but the reality is that the yellow metal ...
Japan stocks drop as oil prices slip
August 16th, 2016
Shares in Asia were mixed on Tuesday, with record gains in the U.S. market overnight offset by a dip in oil prices and a firmer yen. The Nikkei Stock Average NIK, -1.62% was down 1.1% in early morning trade, after flip-flopping ...
Oil prices rise on talk of possible exporter moves to prop up market
August 12th, 2016
Oil prices rose by around 1 percent on Friday, extending gains from the previous session on expectations that exporters could talk at an upcoming meeting about ways to prop up a market that continues to be dogged by a ...
European stocks move higher as focus shifts to Wall St; Oil firms slide
August 11th, 2016
European stocks moved higher in midday trade Thursday as investors shifted their attention to Wall Street, where stocks looked set to open up ahead of the release of another series of earnings and new jobs data. The pan-European STOXX 600 was ...
Asia mostly lower as oil retreats further; BOK keeps rates steady
August 11th, 2016
Asia markets were mostly lower on Thursday following U.S. losses, with sentiment likely driven by Wednesday’s oil price falls and anticipation of another data deluge from China on Friday. In Australia, the benchmark ASX 200 slid 35.71 points, or 0.64 percent, ...
Oil dips on oversupply; calls for producer meeting met with scepticism
August 10th, 2016
Oil prices dipped on Wednesday as a global supply overhang weighed on markets, while talk of a potential producer meeting to discuss propping up prices lent some support but was met with scepticism by analysts. U.S. West Texas Intermediate ...
