Asian shares opened higher on Friday after a planned meeting between Donald Trump and Xi Jinping eased nerves over trade tensions. Oil prices fell slightly ahead of US inflation figures. An MSCI gauge of Asian shares rose about 0.3% at the open, after rising on Wall Street on Thursday. Shares of Intel Corp helped lift […]
Oil prices rose higher for a second day on Wednesday, buoyed by sanctions-related supply risks, hopes for a US-China trade deal and news that the US is seeking oil to supply its strategic reserves. Brent crude futures rose 18 cents, or 0.29%, to $61.50 a barrel as of 0137 GMT, while U.S. West Texas Intermediate […]
The price for crude oil witnessed a sharp peak on Wednesday, relieved due to the expectations of a lower than expected production increase by the OPEC+ in October. The futures on crude oil in October rose by 1.4% and reached the highest point of the day of RS 5,554 per BBL. The oil prices also […]
Oil prices fell on Wednesday for the third day in a row when the production walk by Oliekartel OPEC+ weighed. Following prices in global raw material markets, the futures of crude oil decreased by 1.6% to reach the lowest point of the day of RS 5.481 per BBL. Around 5:15 pm Today, the Ruwe Oil […]
The oil prices were not changed on Thursday much after the US central bank was expected to reduce its main interest rate, while an indication of more tariff reductions before the end of the year increased the prospect of a boost of demand stimulated by falling loan costs. Brent Raw Futures were 8 cents, or […]
The oil prices were stable in Asian trade on Wednesday and held on to sanction -driven profits of the previous session, while the market looked ahead to an OPEC+ meeting during the weekend. Brent crude oil tapped 1 cent or 0.01%to $ 69.13 per barrel of 0032 GMT. US West Texas Intermediate crude oil rose […]
Asian shares opened, modest after US shares have set a new high, lifted by data that underline the economic force before the favorite price meter of the Federal Reserve that owed on Friday. The shares opened lower in Japan and Australia while South Korea climbed. Oil fell by 0.6% after obtaining the previous session on […]
Oil prices fell on Thursday when investors weighed the prospects for the American fuel demand with the end of the summer jacket of the summer in the area, while assessing potential shifts of crude delivery, because India is confronted with the punishment of American rates for importing Russian oil. Brent Crude Futures fell 31 cents, […]
Oil markets were in Focus after the meeting of President Donald Trump with the Ukrainian President VolodyMyr Zelenskiy, because traders weighed the potential implications for regional stability and energy flows. Crude oil remained stable after Monday’s win, because Trump said he was starting to arrange a meeting between Russian President Vladimir Putin and Zenskiy. Asian […]
Representative Image (Picture Credit: AP) Asian shares moved in a tight reach on Thursday, pausing after three days of profits fed due to growing expectations that the American Federal Reserve will lower the interest next month. Japanese shares withdrew from record levels, while South Korea and Australia pushed forward.The Japanese Nikkei 225 fell by 0.31% […]