Asian shares cautious as investors digest the release of China July trade data
Asian indexes reversed gains made earlier on Tuesday as investors digested the release of China July trade data…
Browsing Tag
Oil
Oil holds near 9-week highs on jobs data, fall in U.S. drill rigs
Oil prices edged lower on Monday but still held near nine-week highs, supported by robust U.S. jobs data last week…
Asia trades higher as investors await Pyongyang’s response to UN sanctions
Asia markets mostly rose Monday morning, with investors' risk sentiment likely improving from Friday's…
European markets seen higher; new North Korea sanctions, data eyed
Bourses in Europe are expected to start the week higher, taking cues from other global markets after a…
Oil prices rise 1.1%, settling at $49.58, after strong US jobs report
Oil prices rose after a strong U.S. jobs report bolstered hopes for growing energy demand, but crude posted a…
Oil dips on high OPEC supplies, defying falling US crude stocks
Oil dipped on Thursday as a rally that has pushed up prices by almost 10 percent since early last week lost…
OPEC wants oil prices above $50, but US shale producers won’t play along
Growth in U.S. oil production is slowing, yet it will continue to blunt OPEC's efforts to cut supply and normalize…
Oil climbs into the close to settle above $50, posts best monthly gain since April 2016
U.S. crude oil climbed into the close of trading to settle above the key psychological level of $50 a barrel. U.S.…
Oil prices hit 2-month high on tighter US market, Venezuela sanctions risk
Oil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the threat of sanctions…
Oil prices firm on optimism over declining stocks
Oil prices firmed on Wednesday to hold near eight-week highs hit in the previous session, on expectations of a…