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Oil Prices Rally on Venezuelan Supply Disruptions
Oil prices rallied on Thursday to pare some of the prior session's losses, propped up by declining exports by OPEC-member Venezuela.Venezuela, a member of the OPEC,is lagging in shipping crude to clients from its main oil export port for almost a month, according to Reuters data, as chronic postponements threaten to breach state-run PDVSA's crude supply contracts if they are not quickly delivered...
2018-06-07 02:55:00 UTC+00
196810
Oil,
Investments,
Commodity
Gold Edges Up on Weaker U.S. Dollar
Gold prices rose on Thursday, propped up by a weaker dollar amid ongoing worries regarding a trade war between the U.S. and its allies.Spot gold traded 0...
2018-06-07 02:04:00 UTC+00
205345
Investments,
Commodity,
Metal
Oil Prices Climb amid Venezuela Export Worries
Global oil prices advanced during Asian trade after Venezuela increased their prospect of holding off some crude exports, according to people privy to the matter, but gains were limited by reports that the U...
2018-06-06 05:53:00 UTC+00
40360
Oil,
Investments,
Commodity
Gold Prices Inch Higher as Dollar, U.S. Yields Fall
Gold prices edged up in early Asian trade on Wednesday as the U.S. dollar and Treasury Yields fell amid persistent worries regarding global trade after the U...
2018-06-06 05:31:00 UTC+00
38830
Oil,
Investments,
Commodity,
Metal
Oil Prices Climb on Projected Inventory Drop
Oil prices recovered on Tuesday after sliding in the prior session on expectations that stockpiles in the U.S. may fall. However, increasing U.S. output and worries that OPEC may boost production continue to affect sentiment...
2018-06-05 07:22:00 UTC+00
28540
Oil,
Investments,
Commodity,
Energy
Gold Prices Steady on Increased Risk Appetite Amid Rate Hike Bets
Gold prices were on steady footing on Tuesday after declining for three days as investors chose to stock up on riskier assets amid rising prospects of an interest rate increase in the U...
2018-06-05 06:49:00 UTC+00
29395
Investments,
Commodity,
Metal
Oil Prices on Steady Footing as Record U.S. Production Offset Strong Demand
Oil prices stabilized on Monday as U.S. output reached a record high and OPEC members mulled boosting production to balance the increasing global demand...
2018-06-04 10:47:00 UTC+00
15580
World Economy,
Oil,
Investments,
Commodity
Gold Stable as Trade War Worries Counter U.S. Rate Hike Bets
Gold prices traded within a tight range on Monday as persistent concerns regarding trade wars between U.S. and other developed economies offset expectations of a U...
2018-06-04 10:32:00 UTC+00
18460
Policy,
World Economy,
Investments,
Commodity,
Metal
Crude Oil Prices Rebound, but Record U.S.Production Weighs
Crude oil futures recovered from earlier losses on Friday, but the U.S. benchmark price was poised for declines for the second week, weighed down by record U...
2018-06-01 07:51:00 UTC+00
16330
Oil,
Investments,
Commodity
Gold Prices Edge Up on Trade War Concerns
Gold prices rose on Friday as worries over a global trade part escalated after the U.S. imposed tariffs on steel and aluminum imports from Canada, Mexico and the European Union...
2018-06-01 02:32:00 UTC+00
30490
Investments,
Commodity,
Metal
Oil Prices Edge Down as Traders Eye OPEC Supply Decision
Oil prices fell on Thursday, after sharp increases in the prior session, pulled down by an unexpected rise in U.S. crude oil stockpiles and expectations that OPEC and other producers could rule to boost output at a meeting in June...
2018-05-31 06:13:00 UTC+00
14920
Oil,
Investments,
Commodity
Oil prices Slide Amid Concerns Saudi Arabia, Russia Could Boost Supply
Oil prices edged down on Wednesday amid worries that Saudi Arabia and Russia will produce more crude in the second half of 2018 in response to declining global crude stockpiles and increasing consumer prices...
2018-05-30 06:08:00 UTC+00
16240
Oil,
Investments,
Commodity
WTI Declines on OPEC Boost Threat
U.S. crude futures edged down over $1 on Tuesday on concerns that Saudi Arabia and Russia will produce more crude to bolster supplies after over a year of reducing global inventories...
2018-05-30 00:29:00 UTC+00
13015
Oil,
Investments,
Commodity
Oil Prices Mixed, Expected Production Boost Weighs on Market
Oil prices were mixed in Asian trading, but continued to be pressured by expectations that Saudi Arabia and Russia would increase production to ease a possible shortfall in supply...
2018-05-29 06:52:00 UTC+00
18385
Oil,
Investments,
Commodity
Record U.S. Crude Volumes Affect Russia, OPEC Market Share in Asia
Record crude oil volumes will be exported by the U.S. to Asia in the following months to bite into Russia and OPEC's market share in the region.The U.S...
2018-05-29 04:08:00 UTC+00
17320
Russia,
Oil,
Commodity
Oil Skids to Multi-Week Lows on Concerns of Increasing Supplies
Oil prices continued to decline on Monday as Saudi Arabia and Russia said they may boost supplies while U.S. output showed no indication of abating.Brent crude futures stood at $75...
2018-05-28 23:20:00 UTC+00
11980
Oil,
Investments,
Commodity
Oil Tanks as OPEC, Russia Mull Boosting Production Amid U.S. Surge
Oil prices edged down on Monday, adding to steep declines from Friday as OPEC's de-facto leader Saudi Arabia and Russia said they may boost output and as U...
2018-05-28 05:52:00 UTC+00
22645
Oil,
Investments,
Commodity
Russia’s Energy Minister Says Oil Production Could Revert to October 2016 Level
Russia's energy minister, Alexander Novak, said that a return to the oil production levels that were observed in October 2016, the baseline for the present agreement to reduce production, is one of the options for lifting curbs...
2018-05-28 00:27:00 UTC+00
12820
Oil,
Investments,
Commodity
Oil Prices Drop as Russia Warns of Gradual Output Rise
Oil prices eased on Friday as Russia hinted it may gradually raise output, after having withheld supplies in tandem with producer cartel OPEC since 2017...
2018-05-25 06:15:00 UTC+00
21670
Investments,
Commodity
Oil Prices Fell on Potential Rise in OPEC Output
Oil prices dropped on Thursday on expectations that OPEC members will increase production in the face of worries over supply from both Venezuela and Iran...
2018-05-24 06:11:00 UTC+00
22960
Investments,
Commodity
OPEC May Rule to Loosen Oil Supply Curbs in June, Sources Say
Members of OPEC may decide to increase oil production as early as June due to concerns over Iranian and Venezuelan supply and after the Trump administration raised worries that the oil rally was going on for too long, according to OPEC and oil industry sources privy to the matter...
2018-05-23 01:38:00 UTC+00
16525
Oil,
Investments,
Commodity
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