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Asian shares slip from 3-week high as oil rally reversesAsian shares slipped from near three-week highs on Friday as a rally in oil prices reversed and investors remained cautious about the outlook for the global economy. MSCI's broadest index of Asia-Pacific sh More… |
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Asian shares slip as bank fears add to global gloomAsian shares slipped on Friday as mounting concerns about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdown in China and other emerging markets. &nb More… |
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Get used to cheap oil, derivatives markets sayOil prices will stay low for years to come, derivatives markets say, keeping a lid on inflation and helping boost global growth. Oil has more than halved in value over the last year, thanks to huge oversupply, and many oil compani More… |
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Climbing US dollar sees oil prices slip furtherCrude prices slid on Thursday as early optimism gave way under the weight of a climbing US dollar and a persistent global overhang of physical oil. The greenback rose on Thursday afternoon after the release of strong US economic data, m More… |
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Gold heads for longest weekly losing streak in 16 yearsGold slipped to near 5-1/2-year lows on Friday and was on course for a sixth straight weekly fall, its longest retreat since 1999, after upbeat US economic data strengthened expectations for a near-term hike in interest rates. Bul More… |
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Brent slips below $86, heads for 4th weekly lossBrent slipped below $86 and is headed for its fourth weekly loss in a row, despite climbing by almost a dollar earlier, as investors see no respite in a four-month rout sparked by ample supply and slowing demand from Europe to China. More… |
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Brent falls from $93 on oversupply concernsBrent crude futures slipped further away from $93 a barrel on Tuesday and partially erased the previous session's gains, with concerns about abundant supply outweighing the positive boost to prices from the US dollar's recent weakness. More… |
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Brent slips towards $109 as storm wanesBrent futures edged down towards $109 a barrel on Monday as oil production resumed in the Gulf of Mexico after a tropical storm, while lingering concerns over the US government shutdown clouded the outlook for demand. Tropical Sto More… |
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Brent slips below $109 as US shutdown drags onBrent futures slipped below $109 a barrel on Thursday, after posting their biggest gain in two weeks in the previous session, on worries a prolonged US government shutdown would hurt demand in the world's biggest oil consumer. More… |
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Gold eases after sharp jump, still near 3-week highGold slipped on Tuesday after four days of gains but was holding near three-week highs on hopes that physical buyers and investors will return to the market. The metal has gained over 4 per cent in the last four sessions through M More… |
