Tag : Crude Oil

Business

Oil plunges to lowest in a year despite potential OPEC cut

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BOSTON (NewsHeaders) – Oil prices slumped more than 6 percent to the lowest in more than a year on Friday amid fears of a supply
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Oil prices edge up on expected OPEC supply cuts

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SINGAPORE (NewsHeaders) – Oil prices edged up on Tuesday as markets expected producer club OPEC to agree to supply cuts at their next meeting on
Business

Oil climbs on prospect of OPEC cuts despite lingering U.S.-China trade concerns

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SINGAPORE (NewsHeaders) – Oil prices rose by around 1 percent on Monday amid expectations that top exporter Saudi Arabia will push producer club OPEC to
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Asia shares edge ahead, Fed caution drags on dollar

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SYDNEY (NewsHeaders) – Asian shares inched cautiously higher on Monday amid conflicting signals on the chance of a truce in the Sino-U.S. trade dispute, while
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Dollar, U.S. yields slide on Fed official rate talk

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NEW YORK (NewsHeaders) – The U.S. dollar weakened and Treasury yields slid on Friday after a top Federal Reserve official said U.S. interest rates were
Business

U.S. judge halts Keystone XL oil pipeline in blow to Trump, Trudeau

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WINNIPEG, Manitoba/NEW YORK (NewsHeaders) – A U.S. judge in Montana has blocked construction of the Keystone XL pipeline designed to carry heavy crude oil from
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Oil falls below $70 as U.S. crude enters ‘bear market’

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LONDON (NewsHeaders) – Oil prices fell to multi-month lows on Friday as global supply increased and investors worried about the impact on fuel demand of
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Asia stocks sag as Fed tempers Wall Street rally, dollar firm

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TOKYO (NewsHeaders) – Asian stocks dipped on Friday as Wall Street took a breather after the Federal Reserve kept intact its plans to continue raising
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Global stocks rise after U.S. vote splits power; dollar slips

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NEW YORK (NewsHeaders) – Most major stock markets rose on Wednesday after the U.S. midterm election divided control of Congress, while expectations of political gridlock