Yen Benefits From Falling Oil Prices; Commodity Currencies Slide
The yen edged higher on Tuesday as a fall in oil prices dented risk appetite and prompted investors to trim short…
Browsing Tag
oil prices
Diverging Fortunes: Oil Price Decline Has Positive Impact on Egypt
It is difficult to make use of the low price of Brent Crude and import additional quantities of crude or…
Euro Hits 27-Month Low vs. Strong Dollar on ECB Easing Bets
The euro slid to a 27-month trough against a buoyant dollar on Wednesday, a day ahead of a crucial European Central…
Brent Rebounds above $71 in Turbulent Oil Market
Brent rose to $71 a barrel on Wednesday, recovering some of its losses from the previous session as a turbulent…
Oil Steadies below $73 After Hitting Five-Year Lows
Brent crude oil steadied below $73 a barrel on Tuesday, holding onto a rally from five-year lows after oil…
Oil Sinks Further As OPEC Meeting Looms
Oil prices extended their losses and sunk to fresh four-year lows in Asian trade Thursday as expectations of a cut…
Asia Shares Rise on U.S. Optimism, Oil under Pressure Before OPEC
Asian stocks edged up on Wednesday after upbeat U.S. economic growth data calmed investor anxiety over a…
Dollar Rebounds on U.S. Election, Asian Shares Fall
The dollar and U.S. stock futures pushed higher on Wednesday after Republicans scored a sweeping victory in U.S.…
Saudi Oil-Price Cut Takes Market by Surprise
Oil prices tumbled to their lowest point in more than two years after Saudi Arabia unexpectedly cut prices for…
Total’s Earnings Hurt by Slide in Oil Prices
Total SA said Wednesday that the recent slide in oil prices damped its third quarter earnings and could hurt its…