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Don't Count on an Oil Rally If U.S. Crude Export Ban Is Lifted

2015-12-15 16:55:05| Oil & Gas - Topix.net

Traders betting on a jump in U.S. crude prices above those in the rest of the world if Congress lifts America's oil-export ban may be disappointed. The discount for U.S. oil futures is here to stay.

Tags: is count export oil

 

Mid-Day Market Update: Crude Oil Rises 1.5%; AeroVironment Shares Jump Following Strong Results

2015-12-10 18:53:24| Steel - Topix.net

Midway through trading Wednesday, the Dow traded down 0.01 percent to 17,566.53 while the NASDAQ declined 0.96 percent to 5,049.23. The S&P also fell, dropping 0.35 percent to 2,056.43.

Tags: results market jump update

 
 

Crude Edges Higher From 6-Year Low as Stockpile Decline Weighed

2015-12-10 10:47:45| Oil & Gas - Topix.net

Oil edged higher from the lowest close in more than six years as investors weighed the significance of the first decline in U.S. inventories in 11 weeks. Futures rose as much as 1 percent in New York after closing 9.5 percent lower in the four days since OPEC's Dec. 4 decision to effectively abandon its output target.

Tags: low higher decline edges

 

Oil prices rise following drop in US crude inventories

2015-12-10 01:00:00| Offshore Technology

Oil prices have risen following a fall in US crude inventories, yet concerns remain about the global oversupply.

Tags: prices oil drop rise

 

Brent crude and iron ore prices tumble

2015-12-08 19:40:20| BBC News | Business | UK Edition

Global markets suffered a rout in commodities on Tuesday as Brent crude fell below $40 a barrel and iron ore prices hit a 10-year low.

Tags: prices iron ore crude

 

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