Search Results for: oil price
Oil Posts Biggest Two-Day Gain in 6 Weeks as Saudis Make Cuts
January 13th, 2017
Saudis cut production to less than 10 million barrels a day Russia ready to discuss export monitoring, minister says Oil climbed, posting the biggest two-day gain in almost six weeks, after Saudi Arabia said it cut production even more ...
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 ...
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 ...
Yen Breaks Winning Streak While Oil Extends Rally: Markets Wrap
December 27th, 2016
Stocks in China and Japan fluctuate after economic data Crude advances for seventh day, longest stretch in four months The yen halted a four-day advance, while oil continued its longest winning streak in four months as some major financial ...
Asian Equities Gain as Dow Hits Record, Oil Climbs: Markets Wrap
December 21st, 2016
Investors shrug off Europe terror events, eye U.S. economy Yen rebounds after weakening to lowest level since February Asian stocks followed advances in U.S. and European equities as the prospects of faster U.S. economic growth propelled markets toward the ...
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 ...
Elliott Wave Intraday Analysis: Crude OIL and GBPUSD
December 9th, 2016
Elliott Wave Intraday Analysis: Crude OIL and GBPUSD Crude OIL Crude oil is turning up perfectly from our 49-50 area which we highlighted it as an important support zone for a completion of an expanded flat correction. We see ...
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 ...
Court fines Sino Australia Oil and Gas Limited and disqualifies former chairman, Tianpeng Shao
December 9th, 2016
The Federal Court of Australia has ordered that Sino Australia Oil and Gas Limited (in liquidation) (Sino) pay a pecuniary penalty of $800,000 and its former chairman, Mr Tianpeng Shao, be disqualified from managing corporations for a period of ...
