Tag: brent crude

FXPRIMUS Launches Brent Crude And WTI

FXPRIMUS The Safest Place To Trade has announced the launch of new favorite tradable instruments: Brent Crude Oil (UKOIL) and WTI (OIL), and Spot...

Supply Disruptions Overshadow Oil Inventory Fears

Ongoing supply disruptions across the global energy industry continue to drive oil prices higher despite the fact that output levels from key producers are...

Russian Output Freeze Red Herring for Oil Market

Oil is once more on the retreat following revelations that the output freeze accord initiated by Saudi Arabia and Russia was just a ruse...

Falling Oil Prices Hit Energy Shares

The price of oil backtracked further on Tuesday, triggering a slide in global energy shares in the wake of BP’s (LON: BP) shocking earnings...

Shanghai Composite Dives More than 6% in Renewed Volatility

Chinese stocks took a beating on Tuesday, with the Shanghai Composite plunging to its lowest level in 14 months after a late selling frenzy...

Markets Under Pressure as Oil Prices Hit Fresh Lows

Asian and European markets were back on the defensive Wednesday, as oil prices wallowed at their lowest level since 2003, triggering a sharp selloff...

Weekly Markets Update China Growth Fears Drags Oil Prices Lower for...

Ongoing concerns about China’s economic health pushed mainland stocks lower on Monday, while oil prices continued to plumb new lows amid heightened oversupply worries. Oil...

China Volatility Sends Global Markets Crashing

Global stock prices collapsed on Thursday and oil prices fell to their lowest level in more than a decade after renewed volatility in China...

Oil Prices Decline as Concern Over Commodities Continues

Oil prices declined sharply on Wednesday after government data showed an unexpected rise in US commercial crude inventories, raising concerns about an worsening supply glut. The...

Oil Retreats as Saudi Arabia Delivers Largest Budget Deficit in History

Oil prices declined sharply on Monday, pulling back from last week’s rally as OPEC kingpin Saudi Arabia delivered its largest budget deficit in history. Collapsing...

US Stocks Post Best Week since November

US stocks ended mixed on Thursday, but still posted their strongest weekly gain since November amid a 9% rally in oil prices. The Dow Jones...

Oil Prices Stabilize following Bigger than Expected US Drawdown

Oil prices turned higher on Wednesday after government data showed a bigger than expected drawdown in US crude inventories, easing concerns about an escalating...

Oil Rout Continues, Brent Hits 11-Year Low

The price of oil continued to decline on Monday, with global benchmark Brent crude reaching levels not seen since 2004 amid growing concerns about...

Oil Prices Touch New 7-Year Lows, Further Downside Predicted

The rout in oil prices continued on Friday in belated response to additional buildup in US crude inventories, fueling concerns about a worsening global...

US Stocks Rise as Rate-hike Looms

US stocks rallied for a third consecutive day on Wednesday, as investors turned their attention to the final day of Federal Reserve meetings ahead...

European Stocks Rise for from 10-Week Low as Oil Prices Rebound

European stocks rose on Tuesday following five consecutive daily losses, as oil prices eased off recent lows ahead of the Federal Reserve’s policy meeting...

European Stocks Resume Downtrend as Oil Selloff Intensifies

European stocks resumed their decline on Monday, as energy producers fell for the eighth time in ten sessions amid plunging oil prices. Europe’s major averages...

European Stocks Decline, Oil Hits 7-Year on IEA Warning

The rout in European stocks continued on Friday after a warning by the International Energy Agency (IEA) about a worsening supply glut pushed oil...