oil prices - page 17

tag oil prices

Oil slips $1 on concerns U.S. production is rising

EghtesadOnline: Oil fell by $1 a barrel on Monday as signs of growing U.S. production outweighed optimism that many other producers, including Russia, were sticking to a deal to cut supplies in a bid to bolster the market.
|
Publish Date:09/January/2017 | 13:00

Currencies Gripped by Political Risk, Oil Slumps

EghtesadOnline: Political risks rippled across foreign-exchange markets with the pound, Turkish lira and South Korean won leading declines, while gold rose on haven demand and Chinese buying. Stocks dropped with oil.
|
Publish Date:09/January/2017 | 11:16

Moody’s Predicts Volatile Energy Prices

EghtesadOnline: Global oil and natural gas prices are expected to remain volatile again in 2017, but fluctuate within the $40-60 per barrel range, Moody’s Investors Service said in a press release on Tuesday.
|
Publish Date:05/January/2017 | 05:42

Oil dips on doubts over touted production cuts

EghtesadOnline: Oil prices dipped on Thursday on doubts producers would fully deliver on promises to cut output, although record U.S. automobile sales and falling crude stocks offered markets some support.
|
Publish Date:05/January/2017 | 05:18

Oil prices edge up on expectations of tightening supplies

EghtesadOnline: Oil edged higher on Wednesday, with top exporter Saudi Arabia expected to raise prices for its crude as part of planned supply cuts, although a strong dollar and moderate economic growth prospects restricted gains.
|
Publish Date:04/January/2017 | 05:15

U.S. Stocks Halt 3-Day Drop as Dollar, Gold Climb

EghtesadOnline: U.S. stocks rose with the dollar as economic data bolstered confidence that the American economy is poised to accelerate. Gold rose and Treasuries erased losses as a slide in the price of crude sparked demand for haven assets.
|
Publish Date:04/January/2017 | 04:51

Hedge Funds Bet Oil Rally to Extend Into 2017 as Output Cuts Hit

EghtesadOnline: Investors are showing no sign of turning their backs on oil heading into 2017. Money managers’ wagers on rising West Texas Intermediate crude prices are triple what they were at the end of 2015, and are the highest since the start of the crude market crash 2 1/2 years ago.
|
Publish Date:31/December/2016 | 13:39

Oil down, but ends year with biggest gain since 2009

EghtesadOnline: Oil prices settled slightly lower on Friday, the year's last trading day, but attained their biggest annual gain since 2009, after OPEC and partners agreed to cut output to reduce a supply overhang that has depressed prices for two years.
|
Publish Date:31/December/2016 | 04:55

U.S. Stocks Pare Yearly Gain as Dollar, Oil Slip: Markets Wrap

EghtesadOnline: U.S. stocks completed the fourth annual gain since 2011 on the longest losing streak since the election, while oil and gold posted the best yearly advances since at least that time. The dollar rose for a fourth straight year.
|
Publish Date:31/December/2016 | 04:35

Oil steady in quiet holiday season trade; supply cut deal to kick in Jan 1

EghtesadOnline: Oil prices were little changed on Tuesday in light pre-New Year holiday trading with markets adopting a wait-and-see stance less than a week before the first output cut deal agreed between OPEC and non-OPEC members in 15 years is scheduled to kick in.
|
Publish Date:27/December/2016 | 04:49

Iran Crude Oil Trading Above $50

EghtesadOnline: Iran's oil export grades topped the $50-per-barrel mark in the week ending Dec. 16, supported by a decision of OPEC producers and outside producers to slash production to alleviate a global oversupply that has depressed prices for more than two years.
|
Publish Date:25/December/2016 | 07:06