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Commodity Capsule: Oil prices set for 4th weekly fall as demand concerns weigh

Commodity Capsule: Oil prices set for 4th weekly fall as demand concerns weigh

Fri, Aug 02, 2024

Oil prices set for 4th weekly fall as demand concerns weigh

Commodities Update: Crude oil futures decline on low demand

Commodities Update: Crude oil futures decline on low demand

Fri, May 24, 2024

On the Multi Commodity Exchange, crude oil for June delivery fell Rs 13 or 0.2 per cent to Rs 6,384 per barrel with a business volume of 8,688 lots.

Commodity Capsule: Gold prices pared early gains on Tuesday, due to slight recovery in dollar index

Commodity Capsule: Gold prices pared early gains on Tuesday, due to slight recovery in dollar index

Tue, Mar 26, 2024

Gold prices hit a record high last week after Fed policymakers indicated they still expected to reduce interest by75 bps by 2024 end despite recent high inflation readings.

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Oil prices fall on rise in U.S. drilling, strong dollar

Oil prices fall on rise in U.S. drilling, strong dollar

Mon, Oct 17, 2016

Oil prices fell early on Monday, pulled down by a rising rig count in the United States, a strong dollar and record OPEC-output which comes amid slowing global economic growth that could erode fuel demand.

Oil prices fall on high production despite planned OPEC output cut

Oil prices fall on high production despite planned OPEC output cut

Mon, Oct 03, 2016

Oil prices fell away from $50 per barrel on Monday despite an agreement last week by exporters to cut output, with traders doubting the step was enough to rein in production that has exceeded consumption for the better part of three years.

Oil hits multi-week lows as growing supplies stoke glut concern

Oil hits multi-week lows as growing supplies stoke glut concern

Fri, Sep 16, 2016

India`s daily oil imports from Iran rose to the highest in at least 15 years in August, according to trade sources and shipping data.

Oil prices drop on returning Libya, Nigeria supplies

Oil prices drop on returning Libya, Nigeria supplies

Fri, Sep 16, 2016

Oil prices fell on Friday on worries that U.S. rig counts would continue to rise and that returning Libyan and Nigerian exports would stoke a global supply glut.

Oil prices fall on profit taking, China data in focus

Oil prices fall on profit taking, China data in focus

Tue, Sep 13, 2016

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.

Oil prices fall as U.S. drillers add new rigs, speculators cut long positions

Oil prices fall as U.S. drillers add new rigs, speculators cut long positions

Mon, Sep 12, 2016

Crude prices fell over 1.5 % on Monday after U.S. oil drillers added rigs to look for new production as producers adapt to cheaper crude, with speculators cutting positions betting on further price rises.

Oil edges lower amid scepticism about output freeze

Oil edges lower amid scepticism about output freeze

Wed, Sep 07, 2016

Oil prices inched lower on Wednesday as market participants remained sceptical that producers will reach an agreement to freeze output to rein in a global supply glut.

Oil prices dip on stronger dollar; rise in U.S. crude stocks data

Oil prices dip on stronger dollar; rise in U.S. crude stocks data

Wed, Aug 31, 2016

Crude oil futures fell in early trade on Wednesday as the U.S. dollar held around three-week highs and industry stocks data indicated a build in U.S. crude inventories.

Oil prices fall over 1%, on strong dollar, Iraq output

Oil prices fall over 1%, on strong dollar, Iraq output

Tue, Aug 30, 2016

Oil prices settled down more than 1 percent on Monday, snapping two consecutive days of gains, on renewed concerns about an oil glut, a stronger dollar and expectations that Nigerian rebels will stop hampering that country`s crude output.

Asian shares bounce, dollar dips on Fed rate hike doubts

Asian shares bounce, dollar dips on Fed rate hike doubts

Tue, Aug 30, 2016

On Wall Street, the Dow ended Monday up 0.58%, while the S&P 500 added 0.52% and the Nasdaq 0.26%.

Oil prices fall over 1% on surge in dollar

Oil prices fall over 1% on surge in dollar

Fri, Aug 05, 2016

Oil prices fell 1 percent on Friday as the dollar surged on robust U.S. jobs data, reasserting its influence over commodities as two days of short-covering and bargain-hunting in crude fizzled, bringing attention back to oversupplies.

Asian shares open flat, Nikkei down 0.1%

Asian shares open flat, Nikkei down 0.1%

Fri, Jul 29, 2016

Asian shares edged lower after reaching near one-year highs on Friday. Investors waited to see if the Bank of Japan will come up with stimulus that would meet markets` expectations, a report by Reuters stated.

Asian shares open lower as Feds kept rates unchanged

Asian shares open lower as Feds kept rates unchanged

Thu, Jul 28, 2016

Asian share markets opened lower on Thursday as US Federal Reserve kept federal rates unchanged. In an attempt to closely monitor inflation indicators and global economic and financial developments the US Federal Reserve kept the federal funds rate unchanged.

Asian shares cautious ahead of US Fed meet

Asian shares cautious ahead of US Fed meet

Wed, Jul 27, 2016

Asian share markets opened in green on Wednesday ahead of US Federal Reserve’s policy decision on capping gains, a report by Reuters stated. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1%.

Asian shares dip as Wall Street slides on weak corporate results

Asian shares dip as Wall Street slides on weak corporate results

Fri, Jul 22, 2016

Asian shares fell on Friday as Wall street’s record highs were broken on the back of weak corporate results. S&P 500 futures closed at 2,165.17 points down 7.85 points or 0.36%.

Asian shares edge up on oil price recovery

Asian shares edge up on oil price recovery

Thu, Jul 21, 2016

Asian share markets opened higher on Thursday on the back of recovery in crude oil prices. The rise was also attributed to record highs on Wall Street, a story by Reuters reported. S&P 500 closed 0.43% higher at 2,173 points.

Asian shares dip as Wall street fades

Asian shares dip as Wall street fades

Wed, Jul 20, 2016

Asian shares dropped after Wall Street showed signs of decrease on Wednesday. MSCI`s broadest index of Asia-Pacific shares outside Japan fell 0.2%. Nikkei fell 0.5%, on track to snap a six-day winning streak, a Reuters story reported.

Asian shares edge lower as crude oil spirals down

Asian shares edge lower as crude oil spirals down

Tue, Jul 19, 2016

Asian shares opened lower on Tuesday. According to a story by Reuters, Asian shares edged lower as a downturn in crude oil curbed the enthusiasm from fresh record highs on Wall Street.

Asian shares rally on strong weekly gains

Asian shares rally on strong weekly gains

Fri, Jul 15, 2016

Asian shares rose to eight-month high on Friday on the back of strong weekly gains. Record highs on Wall Street offset the impact of the terror attack in France that made yen appreciate marginally, a Reuters report stated.

Asian shares touch 8-month high on possible BoE rate cuts

Asian shares touch 8-month high on possible BoE rate cuts

Thu, Jul 14, 2016

Asian shares were seen near an eight-month high on Thursday on the back of strong investor hopes over Bank of England rate cuts in a move to prevent recession.

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