oil prices - page 23

tag oil prices

Asia stocks waver as policy uncertainty, weaker oil sap confidence

EghtesadOnline: Asian stocks wavered on Thursday as investors grappled with the apparently diminishing ability of major central banks to stimulate growth, while a tumble in crude oil prices added to the risk-averse mood.
|
Publish Date:15/September/2016 | 06:44
Algerian oil finds an unlikely home far away in Australia when cheap shipping redraws long established trade routes

The Crazy, Mixed-Up Global Oil Market

EghtesadOnline: From Norway to the Bahamas, from Algeria to Australia. Ultra-low crude prices combined with cheap shipping rates are encouraging a host of exotic new oil trading routes that wouldn't look out of place in the latest travel brochures.
|
Publish Date:14/September/2016 | 06:26

Oil rises on smaller-than-expected build in U.S. crude stocks

EghtesadOnline: Oil prices rebounded in Asian trade on Wednesday after falling by as much as 3 percent in the previous session, as data from an industry group showed a smaller-than-expected build in U.S. crude stocks.
|
Publish Date:14/September/2016 | 05:09

Aussie Slides With Crude Oil, Iron Ore as European Stocks Rise

EghtesadOnline: The currencies of resource-exporting nations fell as concern about gluts dragged oil and iron ore lower. European equities rose and U.S. stock index futures declined as investors assessed the outlook for Federal Reserve policy after a turbulent couple of days in financial markets.
|
Publish Date:13/September/2016 | 08:55

Oil prices fall on profit taking, eyes on China data

EghtesadOnline: Oil prices fell in early trade on Tuesday on concerns over increased drilling in the United States and as investors took profits after oil prices rose close to 1 percent in the previous session.
|
Publish Date:13/September/2016 | 06:02

Four Scenarios for Oil Producers as They Seek to Boost Prices

EghtesadOnline: A meeting in Algiers at the end of September between OPEC and Russia -- which together pump more than half the world’s oil -- has raised expectations that a deal could be struck to boost prices.
|
Publish Date:10/September/2016 | 09:48

Oil falls 4 percent; U.S. crude draw seen as glitch

EghtesadOnline: Oil prices fell 4 percent on Friday, paring most of the previous session's rise as traders noted that a tropical storm was behind this week's unexpected slump in U.S. crude inventories.
|
Publish Date:10/September/2016 | 08:24

European Stocks Rise With Spanish Bonds Before ECB; Oil Rallies

EghtesadOnline: European stocks advanced and Spanish 10-year bond yields fell to a record low on speculation Mario Draghi will show a bias for extending the European Central Bank’s stimulus measures. Oil climbed on signs a U.S. glut is easing.
|
Publish Date:08/September/2016 | 09:50

Oil extends gains after data shows huge stock draw

EghtesadOnline: Oil prices extended gains by more than 1.5 percent on Thursday after industry data showed what might be the largest weekly drawdown in crude stocks in over three decades.
|
Publish Date:08/September/2016 | 08:08

Saudi Cost Cutting Drive: $20 Billion of Projects May Be Axed

EghtesadOnline: Saudi Arabia is weighing plans to cancel more than $20 billion of projects and slash ministry budgets by a quarter to repair finances squeezed by low oil prices , people familiar with the matter said -- efforts that analysts expect to slow economic growth.
|
Publish Date:07/September/2016 | 08:53

Stocks Advance in Asia, Europe as Dollar Sinks; Crude Above $45

EghtesadOnline: Stocks rallied in Asia and Europe, while the dollar weakened as prospects for a U.S. interest-rate hike this month remained subdued. Australia’s dollar rose after a central bank policy meeting.
|
Publish Date:06/September/2016 | 09:10

Brent extends gains after Russia, Saudi Arabia sign pact

EghtesadOnline: Crude prices extended gains on Tuesday, buoyed after top producers Russia and Saudi Arabia agreed to cooperate on stabilizing the oil market, but a lack of immediate action to rein in output capped gains.
|
Publish Date:06/September/2016 | 07:48

Oil prices reverse early losses, but glut worries cap gains

EghtesadOnline: Crude prices reversed early losses on Monday as the dollar lost its momentum, but persistent concerns over a global glut despite some signs producers may try to tackle weak oil futures kept a lid on gains.
|
Publish Date:05/September/2016 | 08:27

Fuel Subsidies Are the World's Dumbest Policy

EghtesadOnline: Many things have gotten harder as the world settles into a protracted spell of low oil prices and sluggish growth -- from avoiding deflation to creating jobs. One thing has gotten easier, as well as more urgent: eliminating fossil-fuel subsidies.
|
Publish Date:01/September/2016 | 08:52

Dubai Finance Hub Defies Global Bank Cuts to Add Positions

EghtesadOnline: Dubai’s International Financial Centre said the number of companies based in the hub rose 16 percent during the first half even as lower oil prices and slowing economic growth forced some banks in the United Arab Emirates to cut jobs.
|
Publish Date:01/September/2016 | 08:36

Asia shares slip, crude steadies; U.S. jobs in focus

EghtesadOnline; Asian shares dipped on Thursday after lower crude oil prices dented Wall Street and a pair of Chinese manufacturing surveys did little to inspire investors as markets waited to see if U.S. employment data could put the Federal Reserve on track to hike interest rates.
|
Publish Date:01/September/2016 | 07:07