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Oil drops 9 percent on week on stronger dollar, glut warning
Global oil prices tumbled on Friday and fell 9 percent on the week, hit by a renewed rally in the dollar and a…
Brent drops toward $59 as Dollar firms on U.S. Jobs Data
Brent crude fell toward $59 a barrel on Monday as a promising U.S. jobs report pushed the dollar up, offsetting…
Oil Tops $60 For First Time In 2015; Oversupply Persists
Oil closed up for a second straight week on Friday after another drop in the U.S. rig count, and Brent crude hit a…
Oil Steadies After Weak Chinese Trade Data
Oil prices steadied on Monday as falling U.S. oil rig counts and signs of strong U.S. economic growth were balanced…
Dollar Pulls Back After Jobs-Inspired Rally, Greece Back In Focus
The dollar dipped on Monday as traders sold into a rally triggered by robust U.S. jobs data, while the Greek debt…
Currency-hedged ETFs in Vogue as Investors Clamor for More
U.S. investors spooked by wild swings in the foreign exchange market are piling into exchange-traded funds that…
Oil Price Fall Exacerbated By Hedging, Energy Firms’ Debt: BIS
Oil’s dramatic price fall since mid-2014 cannot be explained by changes in production and consumption alone, with…
Oil Drops More Than $1 After Crashing On Inventory Concerns
Oil prices fell more than $1 on Thursday, extending big losses in the previous session as record high inventories…
Euro Steadier After Falling On Renewed Greece Worries
The euro steadied slightly on Thursday, after sliding the previous day when the European Central Bank said it will…
Oil Falls More Than 1 Percent As Euro Tumbles After Greek Election
Oil slid more than 1 percent on Monday, with U.S. crude falling close to a six-year low, after Greek election…