Search Results for: Oil prices surged
Asia Stocks Rise Most in Three Weeks as Oil Hits $50, Bonds Drop
December 1st, 2016
U.S. oil climbs above $50, building on 9.3% gain on Wednesday Private jobs data adds to U.S. rate outlook before payrolls Asian equities rallied the most in three weeks as a deal to cut global oil output lifted energy ...
Asia stocks at one-week highs on U.S. cues; oil jumps
November 22nd, 2016
Asian stocks rose to one-week highs, helped by solid overnight gains on Wall Street, though investors were wary of chasing prices higher until President-elect Donald Trump picks his economic team. Oil extended gains. Crude oil climbed in Asian trading ...
Oil prices extend rally, shrug off U.S. stock build
November 16th, 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 percent from the previous session. Oil prices had surged on Tuesday as members ...
Asian Energy Stocks Fall as OPEC Split Hits Oil; Dollar Gains
October 31st, 2016
Crude drops after OPEC talks end without individual quotas Gold rises after FBI reopens probe of Clinton’s emails Asian energy stocks fell with oil after the world’s biggest crude producers failed to agree on supply cuts, while rising metals prices ...
Crude prices push further below $50 on rising U.S. inventories, OPEC fears
October 26th, 2016
Oil prices were depressed in early Asian trade Wednesday, dragged lower by a sharp growth in the U.S. crude inventories and rising prospects that a production cut deal proposed by the Organization of the Petroleum Exporting Countries could sour ...
Asian Stocks Weighed Down by Earnings as Euro Declines With Oil
October 21st, 2016
Crude falls on Russia supply concerns as dollar strengthens Hong Kong’s financial markets shut owing to Typhoon Haima Asian stocks snapped a three-day winning streak as corporate earnings gave cause for caution and the euro sank to its weakest ...
Asian Stocks Climb With Oil Near $50 as Fed Bets Weigh on Bonds
October 6th, 2016
Yen steadies after seven-day slide as Korean won gains Samsung Electronics rises to all-time high; Sompo surges Asian stocks rose as the yen’s slide to a one-month low boosted Japanese exporters and energy companies rallied following gains in oil ...
Oil prices higher as investors look to U.s. inventory data
October 5th, 2016
Oil futures climbed in early Asian trade on Wednesday, pushing higher as traders continue to weigh the prospect of a supply deal by the Organization of the Petroleum Exporting Countries and look ahead to U.S. oil inventory data. Light, ...
Dollar Climbs on Fed Bets as Australian Bonds Sink; Oil Retreats
October 4th, 2016
Japanese stocks advance as yen weakens for a sixth day Regional sovereign debt slides amid U.S. rate-hike speculation The dollar strengthened for a sixth day versus the yen and sovereign bonds fell as American manufacturing data and hawkish comments ...
OPEC Agrees to First Oil Output Cut in Eight Years
September 29th, 2016
Oil club to cut output to as low as 32.5 million barrels a day Deal indicates Saudi Arabia and Iran resolved some differences OPEC agreed to the outline of a deal that will cut production for the first time ...
