oil

An oil pump is seen in Lagunillas

Oil prices fell on Tuesday on concerns over increased drilling in the United States

13/09/2016(0)
Oil fell on Tuesday following a series of gloomy predictions on demand growth that suggested the global overhang of unused inventories may persist for much longer than investors anticipate ... Read More
asian trades

Asian Stocks Retreat as Crude Oil Rallies; Yuan Bears Squeezed

08/09/2016(0)
Yuan borrowing costs jump offshore on suspected intervention Euro edges higher before ECB reviews policy; Aussie gains Price swings in financial markets are becoming increasingly muted as investors mull ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil edges lower amid scepticism about output freeze

07/09/2016(0)
Oil prices inched lower on Wednesday as market participants remained skeptical that producers will reach an agreement to freeze output to rein in a global supply glut. London Brent ... Read More
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

Saudi, Russia Vow Oil Cooperation Without Agreeing to Freeze

06/09/2016(0)
Countries have ‘number of tools’ for joint action, Novak says Oil pares gains as rapprochement falls short of concrete steps The world’s top two crude-oil producers pledged to cooperate ... Read More
An oil pump is seen in Lagunillas

Oil Rally Fervor Cools as OPEC Output at Record Before Talks

05/09/2016(0)
Investors cut bets on oil rally by most in two years: CFTC OPEC production reached 33.69 million barrels a day last month Investors are realizing that OPEC’s talk of ... Read More
European-Stocks

European Stock Futures Rise Amid Payrolls Countdown as Oil Gains

02/09/2016(0)
Asian stocks little changed, as are U.S. equity futures Crude set for worst week in eight months on glut concern European stock index futures advanced and commodities gained ahead ... Read More
oil

Oil Prices Slide as Oversupply Comes Back Into Focus

02/09/2016(0)
Oil prices fell to a three-week low after a second day of steep losses from rising U.S. stockpiles. Crude is now on a four-session losing streak, its longest in ... Read More
Cars wait to fill with fuel at Sinopec's fuel station in Beijing

Oil prices rebound on weaker dollar, supportive China manufacturing data

01/09/2016(0)
Oil prices rose in Asian trade on Thursday as the U.S. dollar weakened, rebounding from a more than 3 percent drop in the previous session following surprisingly large builds ... Read More
asian-shares-japan

Asian Shares Weaker, With All Eyes on U.S. Jobs Report

01/09/2016(0)
Asian shares were broadly weaker Thursday as investors cautiously await the release of U.S. jobs data on Friday that could jolt markets out of their summer malaise. Official Chinese ... Read More
An oil pump is seen in Lagunillas

U.S. oil prices slide to near three-week low ahead of stockpile data

31/08/2016(0)
U.S. oil prices slid to a near three-week low in early Asian trade Wednesday on expectations that U.S. crude stocks expanded last week, exacerbating the already oversupplied market. On ... Read More
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