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C. Europe Inflation Springs Back

EghtesadOnline: Inflation in Central Europe rebounded in December to multi-year highs, in a turnaround likely to continue this year on rising oil prices , a jump in wages and loose fiscal policies.
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Publish Date:15/January/2017 | 08:17

Oil rises on China demand forecast, but ample supplies hold prices back

EghtesadOnline: Oil prices rose on Thursday, supported by expectations of strong demand growth in China and signs that OPEC members are starting to cut output, but markets were still held back by rising U.S. crude inventories and plentiful global supplies.
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Publish Date:12/January/2017 | 09:35

Iran Crude Oil at $53

EghtesadOnline: Iranian crude oil continues its run into the bull-market territory on the back of a global pact to cut supplies that kicked in on January 1.
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Publish Date:09/January/2017 | 15:16

EU Inflation Highest in 3 Years

EghtesadOnline: Surging oil prices caused inflation in the 19-country euro zone to spike in December to its highest rate in more than three years, official figures showed Wednesday.
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Publish Date:05/January/2017 | 05:37

Wall Street set to open higher, Fed minutes eyed

EghtesadOnline: Wall Street looked set for a second day of gains on Wednesday as oil prices edged up slightly, and investors awaited the minutes of Federal Reserve's December meeting in which it raised interest rates.
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Publish Date:04/January/2017 | 14:44

Risk-On Trade Lifts Oil, Rand at Dollar Detriment

EghtesadOnline: The dollar fell against higher-yielding peers while U.S. stock futures rose with commodities, as an optimistic start to 2017 spread to emerging-market currencies.
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Publish Date:04/January/2017 | 14:19

Dollar, stocks log yearly gains, oil the biggest winner

EghtesadOnline: The dollar, oil and U.S. stocks slipped on Friday in thin pre-holiday trading on the last trading day of 2016, but ended the session with sizable gains for the year.
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Publish Date:31/December/2016 | 14:11

U.S. oil, gas reserve-based loans rise by 5 pct

EghtesadOnline: U.S. oil and gas companies are seeing their credit limits expand for the first time in two years as improving oil prices increase the value of their reserves against which banks lend.
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Publish Date:30/December/2016 | 06:11

Iran heavy oil registers record price

EghtesadOnline: Iran's heavy oil allocated the highest price increase in the week ended December 16 gaining 2 dollars-and 2 cents reached 51 dollars- and 70 cents a barrel.
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Publish Date:25/December/2016 | 18:03

OPEC Deal Tests Oil Majors’ Appetite for Risk and Reward

EghtesadOnline: OPEC’s deal to cut production and boost prices gives oil companies the opportunity to shake off two years of layoffs and slumping profits to start investing again -- if they still have the risk appetite.
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Publish Date:19/December/2016 | 21:02

Oil prices stable, supported as output cuts hit market

EghtesadOnline: Oil prices were stable on Tuesday, buoyed by soaring demand in Asia and as signs of a crude production cut organized by OPEC and other exporters materialized, tightening a market that has been grappling with years of oversupply.
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Publish Date:13/December/2016 | 05:26

Stocks look for direction ahead of Fed; oil prices jump

EghtesadOnline: The S&P 500 and the Dow were set to open little changed, while the Nasdaq was on track to open lower on Monday, after the three major indexes registered fresh record highs on Friday.
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Publish Date:12/December/2016 | 14:39

Oil Seen Headed to $60 as Saudis Signal Deeper Output Cuts

EghtesadOnline: Oil may climb to $60 a barrel for the first time in almost a year and a half after Russia and other unaffiliated nations joined an OPEC pledge to reduce production and Saudi Arabia surprised the market by saying it will cut more than previously agreed.
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Publish Date:12/December/2016 | 13:55

Oil Surges as Saudis Eye Deeper Cuts While Non-OPEC Joins Deal

EghtesadOnline: Oil jumped to the highest since July 2015 after Saudi Arabia signaled it’s ready to cut output more than earlier agreed and non-OPEC countries including Russia pledged to pump less next year.
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Publish Date:12/December/2016 | 13:48