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oil prices

Commodity Capsule: Oil prices fell sharply on Monday

Commodity Capsule: Oil prices fell sharply on Monday

Mon, Oct 28, 2024

Oil prices fell sharply on Monday, to four week low, weighed by easing fears of a Middle East war after an Israeli strike against Iran, over the weekend

Brent crude fell by about 2.5%

Brent crude fell by about 2.5%

Tue, Oct 01, 2024

Brent crude slipped below $70, Brent crude fell by about 2.5%

Bad condition of Brent crude, till when will the prices of crude fall?

Bad condition of Brent crude, till when will the prices of crude fall?

Fri, Sep 27, 2024

Saudi attack on Brent Crude. Bad condition of Brent Crude! How long will the prices of Crude fall? When will there be stagnation in crude oil? And will crude oil slide? Know complete details in this video.

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Exxon Mobil chief Darren Woods revamps refining and chemical operations

Exxon Mobil chief Darren Woods revamps refining and chemical operations

Mon, Nov 27, 2017

The reorganization aims to squeeze more profits from the fuel and chemicals businesses as the company works to improve its exploration and production operations, which have struggled since 2014 to adjust to lower oil and gas prices.

Oil prices firm on expected OPEC cut extension

Oil prices firm on expected OPEC cut extension

Wed, Nov 22, 2017

Oil prices firmed on Wednesday after a reported fall in U.S. crude inventories and on expectations that an OPEC-led production cut aimed at tightening the market will be extended beyond March 2018.

Russia's Rosneft says managing exit from OPEC deal is a serious challenge

Russia's Rosneft says managing exit from OPEC deal is a serious challenge

Wed, Nov 15, 2017

Russian Energy Minister Alexander Novak met Russian oil company executives in Moscow on Wednesday ahead of talks in Vienna at the end of November between OPEC and non-OPEC producers.

Oil markets cautious as OPEC cuts are met by rising U.S. output

Oil markets cautious as OPEC cuts are met by rising U.S. output

Tue, Nov 14, 2017

Oil markets were treading water on Tuesday, continuing the cautious trading seen over the last week as bullish factors such as ongoing OPEC-led production cuts and Middle East tensions are countered by rising U.S. output.

Asian markets hit 10-year high on strong economy, oil gains

Asian markets hit 10-year high on strong economy, oil gains

Wed, Nov 01, 2017

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6%, led by 1.1% gains in South Korea while Japan's Nikkei gained 1.4%.

Oil prices steady near two-year high as supply cuts bite

Oil prices steady near two-year high as supply cuts bite

Tue, Oct 31, 2017

Oil prices were steady to slightly firmer on Tuesday after a week of gains as the prospect of increasing U.S. exports dampened bullish sentiment that has driven Brent crude to more than two-year highs above $60 per barrel.

Oil up 2%, Brent hits $60 per barrel on support for extending curbs

Oil up 2%, Brent hits $60 per barrel on support for extending curbs

Sat, Oct 28, 2017

Oil prices jumped about 2 percent on Friday, with global benchmark Brent crude rising above $60 per barrel, on support among the world`s top producers for extending a deal to rein in output and as the dollar retreated from three-month peaks.

Asian markets extend bull run on optimism about upcoming earnings

Asian markets extend bull run on optimism about upcoming earnings

Tue, Oct 17, 2017

Japan's Nikkei gained 0.6%, extending its 10-day winning streak until Monday while MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.04%.

Oil prices dips on record US exports, but OPEC-led supply cuts lend support

Oil prices dips on record US exports, but OPEC-led supply cuts lend support

Thu, Oct 05, 2017

The declines came after the Energy Information Administration (EIA) said late on Wednesday that US crude oil exports jumped to 1.98 million barrels per day (bpd) last week.

Global markets: Stocks, bond yields, dollar up after Trump tax plan

Global markets: Stocks, bond yields, dollar up after Trump tax plan

Thu, Sep 28, 2017

The dollar also drew support from strong U.S. durable goods orders data that cemented expectations the Federal Reserve is on course to raise interest rates for the third time this year in December.

Asia stocks edge lower, focus turns to China markets after ratings cut

Asia stocks edge lower, focus turns to China markets after ratings cut

Fri, Sep 22, 2017

The dollar was steady at 112.445 yen and on track to end 1.4 percent higher on the week, during which it brushed a two-month high of 112.725 as U.S. yields spiked on the back of the Fed`s hawkish stance.

Oil prices fall on concerns of oversupply, low investment

Oil prices fall on concerns of oversupply, low investment

Wed, Aug 23, 2017

Oil prices fell early on Wednesday, squeezed between concerns of oversupply, sparked by rising Libya output, and fears of reduced future investment in the industry.

Asian shares edge up, bolstered by modest gains on Wall Street

Asian shares edge up, bolstered by modest gains on Wall Street

Tue, Aug 22, 2017

On Wall Street on Monday, the Dow Jones Industrial Average and the S&P 500 marked modest gains, though the Nasdaq Composite edged down slightly

Asian shares dip on profit-taking after Dow hits 22,000

Asian shares dip on profit-taking after Dow hits 22,000

Thu, Aug 03, 2017

"Those shares that were bought heavily on Tuesday are being sold aggressively. I would suspect investors want to take profits quickly after they saw a sharp correction last week," said Yukino Yamada, senior strategist at Daiwa Securities.

Oil climbs for sixth day, near eight-week highs on U.S. crude stock declines

Oil climbs for sixth day, near eight-week highs on U.S. crude stock declines

Fri, Jul 28, 2017

Oil prices extended a rally into a sixth day on Friday, hovering near 8-week highs on a decline in U.S. inventories and OPEC`s ongoing efforts to curb production to ease a global glut.

Global markets: Dollar's decline, China optimism boost Asia stocks, commodities

Global markets: Dollar's decline, China optimism boost Asia stocks, commodities

Wed, Jul 19, 2017

"Globally, financial conditions tend to improve when the dollar is weak and vice versa," they added. "The falling dollar – still the globe`s major reserve and funding currency – tends to see risk appetite flourishing."

Oil prices edge up on strong China demand, signs of U.S. output slowdown

Oil prices edge up on strong China demand, signs of U.S. output slowdown

Mon, Jul 17, 2017

Oil prices inched up on Monday, supported by a slowdown in the growth of rigs looking for crude in the United States and because of strong refinery demand from China. Brent crude futures were at $49.02 per barrel at 0656 GMT, up 11 cents, or 0.2 percent, from their last close.

Oil could hit $60 before year-end -Barron's, citing Citi analyst

Oil could hit $60 before year-end -Barron's, citing Citi analyst

Mon, Jul 10, 2017

Accelerating world oil demand and reduced supply from the Organization of the Petroleum Exporting Countries (OPEC) could push crude prices up to $60 a barrel before the end of the year, according to a report from Barron`s.

Crude oil prices firm, set for biggest weekly gain since mid-May

Crude oil prices firm, set for biggest weekly gain since mid-May

Fri, Jun 30, 2017

Crude oil futures on Friday were on track for their biggest weekly gain since mid-May, ending five weeks of losses with prices underpinned by a decline in U.S. output.

Oil edges up, but set for worst H1 performance in 20 years

Oil edges up, but set for worst H1 performance in 20 years

Fri, Jun 23, 2017

Oil edged up on Friday, recovering slightly from steep falls earlier in the week, but is set for the worst performing first-half in two decades despite ongoing production cuts. Brent crude futures were at $45.31 per barrel at 0222 GMT, up 9 cents, or 0.2 percent, from their last close.

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