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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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Asia stocks edge up on US growth data cues; dollar steady

Asia stocks edge up on US growth data cues; dollar steady

Wed, Nov 30, 2016

Asian stocks edged higher on Wednesday reflecting upbeat US growth news while oil steadied after a sharp drop overnight as Organisation of Petroleum Exporting Countries (OPEC) struggled to agree on a glut-draining production cut.

Dollar steadies with bonds, oil anxious about OPEC

Dollar steadies with bonds, oil anxious about OPEC

Tue, Nov 29, 2016

The US dollar took a breather on Tuesday as global bonds steadied from their recent rout, while equities flatlined as political risk resurfaced in Europe ahead of a referendum in Italy this weekend.

Oil prices fall further in Asia, yen gains hit Tokyo

Oil prices fall further in Asia, yen gains hit Tokyo

Mon, Nov 28, 2016

Oil prices sank further in Asian trade on Monday on fears a planned cut in output will not be agreed by top producers this week, while the dollar retreated against most of its peers after its recent surge.

Rupee dives to near three-year lows as Trump, demonetisation weigh heavy

Rupee dives to near three-year lows as Trump, demonetisation weigh heavy

Wed, Nov 23, 2016

Suresh Sadagopan, Founder of Ladder7 Financial Advisors said, “There is a flight of dollars away from Indian markets & hence dollars are strengthening. This is partly due to the fact that US interest rate is expected to move up and money from across the world may move into US investments.”

Oil prices fall as strong dollar wipes out OPEC cut optimism

Oil prices fall as strong dollar wipes out OPEC cut optimism

Fri, Nov 18, 2016

Oil prices fell in early trading on Friday as the strengthening U.S. dollar snuffed out rekindled hopes that OPEC might agree production cuts. International Brent crude oil futures were trading down 13 cents at $46.36 per barrel at 0445 GMT, from their last close.

Oil prices extend rally, shrug off U.S. stock build

Oil prices extend rally, shrug off U.S. stock build

Wed, Nov 16, 2016

Oil futures rose on Wednesday, shrugging off an industry report that showed an unexpected build in U.S. crude stocks, and adding to gains of nearly 6 % from the previous session.

Saudi oil minister says OPEC production cut 'imperative'

Saudi oil minister says OPEC production cut 'imperative'

Sun, Nov 13, 2016

"In this period marked by unstable oil prices it is imperative to reach a consensus between OPEC nations and to agree on an effective mechanism and precise figures to activate the historic Algiers accord," Faleh was quoted as saying by Algeria`s APS news agency.

Sudan hikes fuel prices amid foreign currency shortage

Sudan hikes fuel prices amid foreign currency shortage

Fri, Nov 04, 2016

Sudan hiked prices of petrol and diesel Friday by about 30% as months of fuel shortages caused by a foreign currency shortage have put pressure on the country's already sanctions-hit economy.

Oil prices fall for fourth day after stockpile build

Oil prices fall for fourth day after stockpile build

Wed, Nov 02, 2016

Crude oil prices fell for a fourth day on Wednesday, with jittery investors awaiting official US stockpile figures later in the day after less comprehensive industry data showed a surprise build in inventories.

Oil falls as non-OPEC yet to pledge concrete output steps

Oil falls as non-OPEC yet to pledge concrete output steps

Mon, Oct 31, 2016

Oil prices extended declines on Monday after non-OPEC producers made no specific commitment to join OPEC in limiting oil output levels to prop up prices, suggesting they wanted the oil producing group to solve its differences first.

OPEC officials fail to agree on how to curb oil supplies

OPEC officials fail to agree on how to curb oil supplies

Sat, Oct 29, 2016

OPEC officials meeting in Vienna to work out the details of their plan to reduce oil production failed to reach agreement after hours of talks on Friday, amid objections by Iran which has been reluctant to even freeze its output, OPEC sources said.

Oil prices jump on big US crude stock drawdown

Oil prices jump on big US crude stock drawdown

Thu, Oct 20, 2016

The Energy Information Administration (EIA) said in its weekly report that US crude inventories dropped by 5.2 million barrels to a total of 468.7 million barrels in the week through October 14, Xinhua news agency reported.

Asian stocks edge higher amid low risk appetite; oil firm

Asian stocks edge higher amid low risk appetite; oil firm

Tue, Oct 18, 2016

Asian stocks edged higher and the dollar consolidated recent gains on Tuesday though risk appetite was low as weak U.S. markets prompted investors to stay on the sidelines.

Asian shares fall, dollar at 7-month high after Yellen comments

Asian shares fall, dollar at 7-month high after Yellen comments

Mon, Oct 17, 2016

Yellen said on Friday the Fed may need to run a "high-pressure" economy in order to reverse damage from the global financial crisis that depressed output.

Oil prices edge up on tighter U.S. fuel market

Oil prices edge up on tighter U.S. fuel market

Fri, Oct 14, 2016

"Oil prices rose overnight despite rising stockpiles in the U.S., as fuel supplies in the U.S. fell to the lowest level this year," ANZ bank said in a morning note on Friday.

Asia stocks weak, dollar shines as rate view unchanged; China eyed

Asia stocks weak, dollar shines as rate view unchanged; China eyed

Thu, Oct 13, 2016

Asian stocks held near three-week lows and the greenback consolidated recent gains on Thursday after minutes of the last U.S. Federal Reserve policy meeting indicated a December rate increase was still on the cards.

Oil prices fall on higher OPEC output, U.S. crude stocks

Oil prices fall on higher OPEC output, U.S. crude stocks

Thu, Oct 13, 2016

Oil prices fell on Thursday after OPEC said that its production had risen to its highest level in at least eight years and following reports of an increase in U.S. crude stockpiles.

Oil prices dip but stay near 1-year highs on expected output cut

Oil prices dip but stay near 1-year highs on expected output cut

Tue, Oct 11, 2016

Oil prices jumped as much as 3 percent on Monday, with Brent hitting a one-year peak, after Russia and Saudi Arabia both said a deal between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC members like Russia in curbing crude output was possible.

Entire oil futures curve moves above $50 as financial confidence in crude rises

Entire oil futures curve moves above $50 as financial confidence in crude rises

Fri, Oct 07, 2016

US oil futures held above $50 per barrel on Friday as the entire crude forward curve pushed above that level in a sign that financial markets have increasing confidence in the sector.

'Fat-finger' error seen as sterling slumps; Asian shares dip

'Fat-finger' error seen as sterling slumps; Asian shares dip

Fri, Oct 07, 2016

Sterling plunged to a three-decade low in thin early Asian trade on Friday as a break of key technical support levels triggered a wave of stop-loss orders.

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