Search Results for: OPEC

Asian shares slip, dollar nurses losses as US election looms

Investors have been unnerved in recent days by signs that the presidential race may be tightened.

Nov 4, 2016

Oil prices fall for fourth day after stockpile build

The American Petroleum Institute said crude stockpiles increased by 9.3 million barrels in the week to Oct. 28.

Nov 2, 2016

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

Russia expects to increase its oil output by 0.7 percent next year and a further 0.9 percent in 2018.

Oct 31, 2016

Dollar, bond yields stand tall on enhanced Fed rate hike prospects

Wall Street shared edged lower on Thursday in a choppy session after the latest round of earnings reports.

Oct 28, 2016

Falling pound tempts tourists to shop for luxury brands until they drop

Luxury brands from Burberry to high end jewellers benefit as tourists flock to the UK to take advantage of the sliding pound.

Oct 26, 2016

Oil prices stable as strong dollar weighs, tighter market looms

Crude prices fell over 2 percent the previous session on the back of the soaring dollar.

Oct 21, 2016

Oil prices dip after strong rally, but sentiment remains confident

The overall mood in oil markets remained confident, with most analysts expecting further increases.

Oct 20, 2016

Oil prices fall on rise in US drilling, strong dollar

Traders said that WTI was pulled down by another rise in U.S. oil drilling activity.

Oct 17, 2016

Asia stocks, dollar rise on China inflation data relief

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.4 percent after dropping 1.1 percent on Thursday.

Oct 14, 2016

Oil prices edge up on tighter US fuel market

Traders said the U.S. price rise was due to a tightening fuel market.

Oct 14, 2016

Oil prices fall on higher OPEC output, rise in US crude stocks

Traders said oil markets had come under pressure after OPEC reported a rise in production.

Oct 13, 2016

Columbian president Juan Manuel Santos wins 2016 Nobel peace Prize

Colombian President Juan Manuel Santos won the 2016 Nobel Peace Prize in a surprise choice after Colombians voted No to an agreement he signed with Marxist rebels to end 52 years of war.

Oct 7, 2016

MPC flags off risks to India from global headwinds

Weak global growth and rising protectionism are matters of concern, says the six-member MPC.

Oct 4, 2016

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

Traders said prices were dented by the latest rise in Iranian crude and condensate sales.