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Oil Prices

A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Oil prices fall on U.S. crude inventory build, record Saudi output

11/08/2016(0)
Oil prices fell early on Thursday as a build in U.S. crude inventories and record Saudi Arabian production weighed on markets. U.S. West Texas Intermediate (WTI) crude futures CLc1 ... Read More
oil

Oil dips on oversupply; calls for producer meeting met with scepticism

10/08/2016(0)
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 ... Read More
oil markets

Oil prices: OPEC may finally take action if crude’s slide continues

09/08/2016(0)
Oil’s recent dip back into the $30s per barrel may be enough to get some OPEC members to curb their bickering and consider joint action — especially if oil ... Read More
asian-shares-japan

Asia shares up as yield hunt drives record flows, pound slips

09/08/2016(0)
Asian shares stood atop one-year peaks on Tuesday as investors’ desperate search for yield drove a record inflow into emerging market funds, while the pound slipped to one-month lows ... Read More
asia stocks

Asia trades higher; Japanese stocks waver amid yen strength

04/08/2016(0)
Japanese markets see-sawed in the morning session on Thursday, as stocks came under some pressure from a relatively stronger yen. The benchmark Nikkei 225 wavered between gains and losses before trading ... Read More
stocks

Europe expected to retreat at open

02/08/2016(0)
European stocks were lower in morning trade Tuesday, dragged down by banking shares as worries about the health of the region’s lenders continued to weigh on sentiment. The pan-European STOXX ... Read More
Asian stocks

Nikkei sells off on fresh yen strength; rest of Asia trades mixed

26/07/2016(0)
Japanese stocks sold off in a mostly positive Asian session on Tuesday, dragged by fresh strength in the yen after a local media report suggested the government’s highly anticipated ... Read More
crude

Weaker dollar lifts oil prices, but mood remains bearish

26/07/2016(0)
Oil prices rebounded from over three-month lows on Tuesday, lifted by a drop in the dollar, but concerns of ongoing oversupply weighed on markets and many traders are raising ... Read More
The Elevation Resources drilling rig is shown at the Permian Basin drilling site in Andrews County Texas

Oil prices fall on oversupply concerns despite output cuts

19/07/2016(0)
Oil prices eased on Tuesday as concerns over a crude and refined fuel glut outweighed an expected cut in U.S. shale production and a probable further draw in U.S. ... Read More
Emirates-NBD-Bank-Al-Barsha

Dubai’s largest bank reported Q2 net profit rises 16%; $520m net profit

18/07/2016(0)
The bank made a net profit of Dhs 1.91bn in the three months to June 30 Dubai’s largest lender, Emirates NBD (ENBD), reported a 16 per cent rise in ... Read More
Broker Cyprus TopFX