Search Results for: Russian crude

Oil price increases as Ukraine fear outweighs China data

May 5th, 2014 (0)
The price of oil climbed above $100 a barrel Monday as escalating tensions in Ukraine outweighed a fourth month of contraction in China’s manufacturing. Benchmark U.S. crude for June delivery was up 34 cents to $100.10 a barrel at ...

European Index Futures Gain as Asia Falls; Nickel Rallies

April 28th, 2014 (0)
European equity futures rose while Asian stocks fell, pushing the regional index to an almost two-week low, as investors weighed company earnings, while the Korean won gained. Wheat climbed with nickel amid prospects for additional sanctions against Russia over ...

Asia shares rise, shrug off slower China growth

April 16th, 2014 (0)
Shares rose Wednesday in Asia as positive sentiment from strong corporate earnings outweighed Ukraine’s crisis and slower economic growth in China. The Nikkei jumped 2.5 percent to 14,347.41 as a weaker yen boosted exporter stocks and Softbank Corp. shares ...

Asia stocks mixed ahead of China growth report

April 15th, 2014 (0)
Asian stock markets were mixed Tuesday as jitters about China’s economy overshadowed a perk from strong U.S. data and earnings. Hong Kong’s Hang Seng was down 1.2 percent at 22,754.69 as a drop in China’s money supply unnerved investors ...

Oil prices rise on continuing tension in Ukraine

April 14th, 2014 (0)
Crude oil prices have risen amid continuing tensions in Ukraine and concerns about possible disruptions to Russian gas supplies. The price of Brent crude futures rose above $108 a barrel in Monday trading – a gain of 0.8% on ...

Stocks Drop With Ruble as Ukraine Tension Spurs Gold

April 14th, 2014 (0)
Global stocks dropped a third day, the ruble tumbled and oil and gold advanced as the U.S. and Russia traded barbs in the United Nations Security Council amid worsening violence in Ukraine. The euro dropped on prospects for more ...

Ukraine Mounts Security Push as Russia Warns on Civil War

April 9th, 2014 (0)
Ukrainian authorities sent security forces to Kharkiv to clear the country’s second-biggest city of separatists as U.S. Secretary of State John Kerry accused Russia of using “special forces and agents” to spark unrest. An “anti-terrorist operation” was under way ...

An Old Formula May Overstate U.S. Oil Supplies

April 4th, 2014 (0)
Jan Arps is the most influential oilman you’ve never heard of. In 1945, Arps, then a 33-year-old petroleum engineer for British-American Oil Producing Co., published a formula to predict how much crude a well will produce and when it ...

Oil prices jump back above $100 a barrel

March 24th, 2014 (0)
Oil prices rose back above $100 a barrel Monday as an oil spill in Texas closed a major shipping channel and continuing global tensions over the crisis between Russia and Ukraine brought upward pressure on prices. Benchmark crude oil ...

Billionaire Sought by U.S. Holds Key to Putin Gas Cash

March 24th, 2014 (0)
A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle. Ukrainian Dmitry Firtash, arrested in Vienna ...
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