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Oil prices rise on first drop in U.S. drilling in months

EghtesadOnline: Oil prices rose on Monday, lifted by the first fall in U.S. drilling activity in months, although gains were capped by reports of rising OPEC output last month even as the group has pledged to cut supply.
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Publish Date:03/July/2017 | 04:43

Asia Stocks Rise as Oil Extends Gain to Eighth Day

EghtesadOnline: Asian stocks were mostly higher as oil extended the longest winning streak of the year. The yen swung in the wake of a crushing defeat of Japanese Prime Minister Shinzo Abe’s party in Tokyo elections.
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Publish Date:03/July/2017 | 04:33

Industrials Push Rebound in U.S. Stocks; Oil Gains

EghtesadOnline: U.S. stocks closed up Friday buoyed by increases in the industrial and consumer discretionary sectors, while European shares reversed earlier gains and turned lower. Oil continued to climb as concerns about an oversupply faded.
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Publish Date:01/July/2017 | 05:21

U.S. Stocks Gain as Oil Stabilizes, Dollar Falls

EghtesadOnline: U.S. stocks halted a three-day slide, while Treasury yields and the dollar edged lower as a week dominated by crude’s tumble into a bear market ended with the three major American assets largely unchanged.
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Publish Date:24/June/2017 | 04:59

Stocks Are Ignoring Oil's Bear Market

EghtesadOnline: The bear market in crude in many ways resembles its more severe predecessors from 2014 and 2016: oil prices plummeting, non-U.S. producers floundering to keep supply at bay and concerns swirling around the impact of energy companies on high-yield bonds.
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Publish Date:24/June/2017 | 04:55

Stocks Struggle as Oil Heads for Fifth Weekly Loss

EghtesadOnline: Equities slipped, with European shares extending the longest run of weekly losses in a year as U.K.-listed stocks struggled on the anniversary of Britain’s vote to leave the European Union. Oil was poised for a fifth week of decline as a supply glut shows no sign of ending.
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Publish Date:23/June/2017 | 24:55

Oil prices hold near seven-month lows, glut keeps dragging

EghtesadOnline: Oil markets held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices.
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Publish Date:20/June/2017 | 05:34

Oil prices dip on further rise in U.S. drilling, demand slowdown

EghtesadOnline: Oil prices dipped on Monday, weighed down by a continuing expansion in U.S. drilling that has helped to maintain high global supplies despite an OPEC-led initiative to cut production to tighten the market.
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Publish Date:19/June/2017 | 04:37

U.S. Stocks Mixed, Dollar Lower on Growth Concern

EghtesadOnline: U.S. stocks eked out a gain, while the dollar weakened with Treasury yields after poor housing data and a slump in consumer sentiment added to signs the American economy’s growth rate may be slower than forecast. Oil rose with metals.
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Publish Date:17/June/2017 | 04:09

Stocks, Currencies Mixed Ahead of Fed; Oil Slumps

EghtesadOnline: Asian equities were mixed, with solid gains in Australia and New Zealand offset by China, where markets weakened despite data showing resilience in retail sales and industrial output. The dollar held declines and Treasuries edged higher ahead of the Federal Reserve’s policy decision.
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Publish Date:14/June/2017 | 06:33

Majlis Report Sees Future in Liquefied Natural Gas

EghtesadOnline: With natural gas prices closely associated with movements in global crude oil benchmarks, it is not economically viable to export gas as long as oil is struggling at around $50 a barrel.
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Publish Date:12/June/2017 | 08:28

Dollar Drops With Stocks, Bonds Gain Amid Caution

EghtesadOnline: The dollar weakened and equities retreated as investors turned cautious following a seven-week surge for global stocks. Bonds gained with gold while oil fluctuated.
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Publish Date:06/June/2017 | 08:52