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Oil prices rise as dollar comes off two-week high

EghtesadOnline: Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to an output freeze continued to drag on prices.
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Publish Date:30/August/2016 | 07:30

Emerging Markets Fall as Divergent Fed Boosts Dollar; Oil Slides

EghtesadOnline: Emerging-market assets declined and the dollar strengthened versus most peers after comments from central bankers highlighted the divergence between monetary policy in the U.S. and other parts of the world. European shares were little changed.
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Publish Date:29/August/2016 | 08:27

Oil prices won’t exceed $60 in short-term - analysts

EghtesadOnline: Oil prices will not exceed $60 a barrel in the short-term perspective, according to the forecasts of the British economic research and consulting company Capital Economics.
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Publish Date:28/August/2016 | 09:47

Oil prices fall on U.S. crude stocks build; fears over China demand

EghtesadOnline: Oil prices fell on Wednesday as an unexpected build in U.S. crude inventories weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry.
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Publish Date:24/August/2016 | 07:33

Asian stocks slip on profit-taking; oil falls

EghtesadOnline: Asian stocks edged lower on Wednesday as strong U.S housing data overnight increased the chances of an interest rate increase in coming months, prompting some investors to take profits, while oil prices slipped after a surprise jump in U.S. inventories.
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Publish Date:24/August/2016 | 07:07

Oil prices fall as analysts say market still oversupplied

EghtesadOnline: Oil prices fell over 1 percent on Tuesday, with Goldman Sachs warning that August's price rally had been overdone and that a proposed oil production freeze at current near-record levels would not help rein in an oversupplied market.
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Publish Date:23/August/2016 | 06:31

Asia stocks edge up amid Fed lull, oil slips

EghtesadOnline: Asia shares inched ahead while oil fell for a second session on Tuesday, as investors awaited guidance on whether the Federal Reserve will raise U.S. interest rates this year.
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Publish Date:23/August/2016 | 06:12

‘Well-Timed’ OPEC Talk Forces Oil Bears Into Record Reversal

EghtesadOnline: OPEC has done it again. Talk of a potential deal to freeze output helped push oil close to $50 a barrel and prompted money managers to cut bets on falling prices by the most ever. West Texas Intermediate, the U.S. benchmark, went from a bull to a bear market in less than three weeks.
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Publish Date:22/August/2016 | 06:03

Qatar’s Oil Products Demand at Record High on Planes, World Cup

EghtesadOnline: Qatar’s demand for oil products, boosted by an expanding airline and a pre-World Cup spending spree, is bucking a trend of slower consumption growth and even contraction in the region as economies slowed on lower oil prices .
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Publish Date:18/August/2016 | 14:51

Oil steady near six-week highs on talk of supply freeze

EghtesadOnline: Brent crude oil traded above $50 a barrel for the first time in six weeks on Thursday as the world's biggest producers prepared to discuss a possible freeze in output levels.
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Publish Date:18/August/2016 | 24:48

Dollar turns defense into attack ahead of Fed minutes

EghtesadOnline: Revived bets on U.S. interest rate rises this year saw the dollar turn defense into attack on Wednesday and halted a red-hot run for oil prices and emerging markets.
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Publish Date:17/August/2016 | 09:49

Oil prices dip as traders cash in on two-week price rally

EghtesadOnline: Oil prices edged away from 5-week highs on Tuesday, with traders cashing in on a 16-percent rally since early August that has largely been fueled by talk of producers taking action to prop up the market.
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Publish Date:16/August/2016 | 08:03