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Oil edges up on US inventories, weak dollarOil prices rose in early trading on Thursday, supported by a report of another fall in US crude inventories as well as a weaker dollar, although a glut of refined products and economic growth concerns continue to weigh on markets. More… |
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Oil extends gains as Brexit fears easeOil prices extended gains on Monday as a weaker dollar and easing worries over Britain's possible exit from the European Union helped buy back the commodity after six straight days of declines. London Brent crude for August de More… |
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Oil extends gains as Brexit fears easeOil prices extended gains on Monday as a weaker dollar and easing worries over Britain's possible exit from the European Union helped buy back the commodity after six straight days of declines. London Brent crude for August de More… |
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Oil dip on US gasoline build checked by weak dollarOil prices slipped on Thursday after US government data showed that gasoline stocks and distillate inventories rose last week, although the falls were checked by continuing Middle East geopolitical tensions and a weaker US dollar. More… |
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Oil drops 1pc on firm dollar, US stock buildOil fell more than 1 per cent on Wednesday as the dollar strengthened in early Asian trade, while an industry report showing a larger-than-expected rise in US crude inventories also dragged on prices. Crude futures settled up more More… |
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Brent little changed above $107Brent futures were little changed above $107 a barrel on Monday as concerns surrounding demand growth were countered by a weak dollar and fears about supply disruptions. Investors have been rattled by a slowdown in China, and are More… |
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Gold heading for third weekly gainGold edged higher on Friday, staying on track for its third straight weekly gain, helped by a weaker dollar and hopes of a prolonged period of easy monetary policy. Bullion has gained nearly 10 percent in three weeks – its b More… |
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Brent heads towards $125 on US stocks, dollarBrent crude edged towards $125 a barrel on Wednesday, rebounding from sharp losses a day earlier, as lower-than-expected US crude stocks and a weaker dollar offset the prospect of top exporter Saudi Arabia ramping up supply. Industry data More… |
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Brent above $111, on weak supply, dollar fallBrent crude pushed beyond $111 on Wednesday, helped by tight supply and a weak dollar, shrugging off demand forecast cuts from the IEA and Opec. Brent crude for November was up 31 cents at $111.04 by 0903 GMT. US crude on the New York Merc More… |
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Weak dollar ‘not a concern for Gulf economies’The weak US dollar is not a concern for Gulf economies, the Opec country's finance minister said on Saturday. The dollar's slide has caused concern among oil producers as it pushes down the value of their dollar-denominated oil revenues wh More… |
