Tag: Oil Futures

U.S. West Texas Intermediate (WTI) crude futures dropped 53 cents, or 1%, to $52.60 a barrel at 0445 GMT, after slipping ...

The administration is also committed to ending new oil and gas leasing on federal lands, Biden’s press secretary said, although ...

Saudi Arabia hence became the top supplier to China for a second year in a row, after taking the spotlight ...

Six analysts polled by Reuters estimated, on average, that crude stocks fell by 300,000 barrels in the week to Jan. ...

South Korea’s Kospi led gains among the region’s major markets, rising 2.61% to close at 3,092.66 as shares of automaker Hyundai Motor ...

A hefty COVID-19 relief package, which U.S. President-elect Joe Biden is due to unveil on Thursday, also kept losses in ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 89.90 following an earlier high ...

Russia and Kazakhstan will collectively increase their output by 75,000 bpd while the rest of the group will hold output ...

Meanwhile U.S. crude oil inventories dropped by 1.7 million barrels in the week to Jan. 1 to 491.3 million barrels, ...

England went into a new lockdown on Monday as its Covid-19 cases surged following the emergence of a more transmissible ...

Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures up 0.29% to $51.35 per ...

Brent crude futures dropped 0.6 percent to $49.78 a barrel and US crude futures fell 0.74 percent to $46.68. Gold ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 90.445 following an ...

The Japanese yen traded at 104.05 per dollar after seeing levels below 103.8 against the greenback yesterday. The Australian dollar changed hands at $0.7526 ...

Oil prices rose during Asia trading hours on Friday: U.S. crude futures were up 0.73% at $47.12 a barrel. Global benchmark Brent rose 0.72% ...

The U.S. dollar index, which measures the greenback against a basket of its peers, traded near flat at 91.058.

The Japanese yen changed hands at 104.20 per dollar, staying relatively flat. Elsewhere, the Australian dollar ticked up 0.47% to $0.7446.

The Japanese yen traded at 103.97 per dollar after strengthening from levels above 104.4 against the greenback last week. The Australian dollar changed hands ...

Investors continued to monitor positive momentum surrounding the race for a coronavirus vaccine. AstraZeneca said Monday interim analysis showed its ...

The dollar index, which measures the U.S. dollar against a basket of its peers, last traded at 92.213, declining from ...

The Japanese yen traded near flat at 103.86 against the greenback while the Australian dollar changed hands at $0.7292, dropping from earlier levels around ...

The drop in fuel costs is expected to ease rising consumer costs which surged last month owing largely to previous ...

Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures up 2.45% to ...

Gold regained some ground lost in Monday's plunge expectations of fiscal and monetary stimulus offered support to the safe-haven metal.

The Japanese yen traded at 105 per dollar after weakening sharply from levels below 104.3 against the greenback yesterday. The Australian dollar changed hands ...

Former U.S. vice president Biden won following his projected win in the states of Pennsylvania as well as Nevada, according ...

Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 1.7% to ...

Investor sentiment on Wednesday was likely impacted by the rising number of Covid-19 cases in the U.S.

Oil prices were lower in the afternoon of Asia trading hours, with international benchmark Brent crude futures down about 1% ...

South Korea’s Kospi also advanced 0.22% to close at 2,346.74. Meanwhile, shares in Australia rose on the day, with the S&P/ASX ...

Stocks across Asia-Pacific were mostly down by the close on Friday, amid dampened sentiment on the coronavirus front. Meanwhile, the ...

The Japanese yen traded at 105.23 per dollar, having strengthened from levels above 105.3 against the greenback yesterday. The Australian dollar changed hands at ...

Oil prices edged lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.28% to ...

The Japanese yen traded at 105.98 per dollar after an earlier low of 106.10 against the greenback. The Australian dollar was at $0.7162 following ...

However, according to a report by the firm , only Tanzania took up its full share of 8% while Kenya ...

Hong Kong’s Hang Seng index rose 1.32% on the day to 23,767.78, with shares of HSBC soaring 4.03%.

New Covid-19 cases worldwide have rise to more than 34 million, nearly 2 million more than at the end of ...

Oil prices were higher in the afternoon of Asian trading hours, as international benchmark Brent crude futures gained 1.9% to ...

Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.3% to $39.49 per ...

Oil prices were mixed in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.15% to $40.00 per ...

Mainland Chinese stocks led losses among the region’s major markets on the day, with the Shanghai composite down 1.87% to about 3,292.59 ...

Oil prices were higher in the afternoon of Asian trading hours, with international benchmark Brent crude futures up 0.39% to $44.24 per ...

Shares of Mitsubishi jumped 10.31% while Itochu gained 5.57%. Marubeni soared 12.41% and Mitsui gained 8.36%, Sumitomo rose 10.4%.

Oil prices edged lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures slightly lower at $44.33 per ...

Oil prices reversed gains in afternoon trade during Asian hours on Friday. U.S. crude fell 0.31% to $42.11 as of ...

The shares of Aramco, which Apple Inc. dethroned last month as the world’s most valuable listed company, rose 0.3% to ...

Oil prices were up in the afternoon of Asian trading hours, with international benchmark Brent crude futures adding 0.47% to $43.14 per ...

The Japanese yen traded at 107.21 per dollar after weakening from the 106.8 against the greenback yesterday. The Australian dollar changed hands at $0.6934 ...

The Japanese yen traded at 106.90 per dollar following a strengthening from levels above 107.2 against the greenback last week. ...

Oil prices were little changed in the morning of Asian trading hours, with international benchmark Brent crude futures at $42.95 per barrel, ...

The Japanese yen traded at 107.38 per dollar following a strengthening from levels above 107.6 yesterday. The Australian dollar changed hands at $0.6963 after ...

The moves upward regionally came despite the World Health Organization saying Saturday that more than 200,000 coronavirus cases were confirmed ...

The yen, often viewed by investors as a haven asset during times of uncertainty, added 0.2 per cent to ¥107.72 ...

The number of new coronavirus cases in the US fell below 40,000 for the first time in four days on ...

In the U.S., coronavirus cases recently surged by more than 45,000 in a day, according to John Hopkins University data.

West Texas Intermediate for August delivery fell 1.9% to $37.75 a barrel on the New York Mercantile Exchange as of ...

China, the world’s top crude importer, is also expected to slow crude imports in the third quarter, after record purchases ...

Oil capped its seventh weekly gain in eight on Friday with traders Vitol Group and Trafigura Group saying global demand ...

Investors also continued to watch for developments on the geopolitical front regionally, as tensions escalate along the Korean peninsula after ...

Oil prices dropped in the morning of Asian trading hours, with international benchmark Brent crude futures down 2.75% to $37.49 per barrel. U.S. ...

The expected supply surge from Libya has been derailed after armed militants halted output at the nation’s biggest oilfield

International benchmark Brent crude futures dipped 0.24% to $42.20 per barrel, while U.S. crude futures shed 0.56% to $39.33 per ...

Oil’s rally started to falter Wednesday after Moscow signaled that it wanted to scale back supply cuts pledged under the ...

China is poised to impose a new national security law on Hong Kong after months of anti-government protests in the territory. ...

Oil prices were higher in the morning of Asian trading hours, with international benchmark Brent crude futures up 0.5% to $35.93 per ...

Oil prices were little changed in the morning of Asian trading hours, with international benchmark Brent crude futures up 0.17% to $34.71 ...

Oil prices rose in the afternoon of Asian trading hours on expectations of demand pick-up and supply cuts, reaching the ...

In trading in the region on Friday, Japan’s benchmark Topix index fell 0.3 per cent while Hong Kong’s Hang Seng ...

Hong Kong’s Hang Seng index fell 1.48%, as of its final hour of trading while in Japan, the Nikkei 225 declined 0.12% to close ...

Japanese stocks led gains among the region’s major markets, with the Nikkei 225 jumping 2.06% in afternoon trade

Asian markets fell moderately on Thursday as investors held their breath over data that could add to the picture of ...

Brent crude, the international benchmark, was off 0.1 per cent on Wednesday morning in Asia but still up for the ...

The upturn for stocks came on more optimistic statements from the governors of California and New York for reopening businesses. ...

The Dow Jones Industrial Average fell 288.14 points, or 1.17%, to 24,345.72, the S&P 500 lost 27.08 points, or 0.92%, ...

The dollar dropped against a basket of peers. The dollar index fell 0.247%, with the euro up 0.08% to $1.0837. ...

The Dow Jones Industrial Average rose 358.51 points, or 1.51%, to 24,133.78, the S&P 500 gained 41.74 points, or 1.47%, ...

Crude has been pummelled in recent days on concerns that there is not enough space around the world to store ...

The challenge of identifying which assets will lead the rebound from the virus turmoil is the major debating point as ...

Demand for energy collapsed in the U.S and most heavy users of oil globally and traders don’t want to get ...

The world’s top oil producers pulled off a historic deal to cut global crude output and put an end to ...

The trend could follow in emerging markets with a high exposure in India, South Africa and Nigeria. The European markets ...

While most of these countries have advanced healthcare systems, Africa's healthcare systems might not be able to handle a surge ...

The slump in oil may make recovery of global markets even harder as the Corona-Virus pandemic continues to hit markets ...