asian trades

Asian stocks post biggest rise in a month; dollar weak

Asian stocks posted their biggest daily rise in a month on Monday following modest gains in U.S. shares, though the greenback came under renewed pressure as Washington’s political turmoil ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil prices climb on hopes output cuts will be extended

Oil futures rose on Friday to the highest in nearly a month on growing optimism that big producing countries will extend output cuts to curb a persistent glut in ... Read More

Oil prices dip as supply remains ample despite output cuts

Oil prices dipped on Thursday, weighed down by plentiful supply despite ongoing efforts led by OPEC to tighten the market by cutting production. Brent crude LCOc1 was down 18 ... Read More

Oil drops on rising U.S. crude inventories, defies expected supply cut extension

Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia ... Read More
oil markets

Oil Jumps as Saudis, Russia Favor Extending Output Deal to 2018

Ministers agree pact should extend through the end of March OPEC deal is working and inventories decreasing: Al-Falih Oil rallied after Saudi Arabia and Russia stoked expectations that production ... Read More
A man walks in front of the Novokuibyshevsk refinery near the city of Samara, October 28, 2010. REUTERS/Nikolay Korchekov/File Photo

Oil jumps after Saudis, Russia say supply cut to be extended to March 2018

Oil prices jumped over 1.5 percent on Monday after the energy ministers of the world’s two biggest producers Saudi Arabia and Russia jointly said that a crude production cut ... Read More

China shares gain on spending program

Hang Seng China Enterprises Index on course for six-day surge Oil climbs as Russia, Saudi Arabia favor extending output deal Chinese equities rose as optimism over infrastructure spending offset concerns ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Crude’s rally took the price of a barrel back above $48 in New York

Retailers slump on Macy’s results as bonds, gold advance Crude sustains momentum in wake of U.S. stockpile data U.S. stocks fell from records, though losses eased in afternoon trading ... Read More
asian trades

Asia Stocks Rise; Yen Gains

China shares in Hong Kong surge, Kospi drops after election S&P 500 futures slip as Trump fires FBI boss James Comey Asian stocks resumed a rally as Hong Kong ... Read More
asian markets

Asia Stocks Fall After Rally, Aussie Dollar Drops: Markets Wrap

S&P 500 ekes out new record as VIX slumps to lowest since 1993 Japan’s Topix retreats from highest level since December 2015 Asian equity markets slipped from a two-year ... Read More
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