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Brent crude oil News
Brent crude oil
Asian shares edge up on oil price recovery
Thu, Jul 21, 2016
Asian share markets opened higher on Thursday on the back of recovery in crude oil prices. The rise was also attributed to record highs on Wall Street, a story by Reuters reported. S&P 500 closed 0.43% higher at 2,173 points.
Asian shares dip as Wall street fades
Wed, Jul 20, 2016
Asian shares dropped after Wall Street showed signs of decrease on Wednesday. MSCI`s broadest index of Asia-Pacific shares outside Japan fell 0.2%. Nikkei fell 0.5%, on track to snap a six-day winning streak, a Reuters story reported.
Asian shares edge lower as crude oil spirals down
Tue, Jul 19, 2016
Asian shares opened lower on Tuesday. According to a story by Reuters, Asian shares edged lower as a downturn in crude oil curbed the enthusiasm from fresh record highs on Wall Street.
Asian shares rally on strong weekly gains
Fri, Jul 15, 2016
Asian shares rose to eight-month high on Friday on the back of strong weekly gains. Record highs on Wall Street offset the impact of the terror attack in France that made yen appreciate marginally, a Reuters report stated.
Asian shares touch 8-month high on possible BoE rate cuts
Thu, Jul 14, 2016
Asian shares were seen near an eight-month high on Thursday on the back of strong investor hopes over Bank of England rate cuts in a move to prevent recession.
Asian shares rally as investor appetite improves
Wed, Jul 13, 2016
Asian markets came within reach of testing their 2016 peak as strong US cues continue to calm Brexit fears. Prospects of solid U.S. growth and accommodative economic policy in major countries whet investors risk appetite damaged by uncertainty from Brexit, a report by Reuters stated.
Asian markets open in green on strong US stocks
Tue, Jul 12, 2016
Asian share markets continued to trade in green in early trade sessions on Tuesday.
Asian shares rally on strong global cues
Mon, Jul 11, 2016
Asian share markets opened higher on Monday on the back of upbeat US job data. A report by Reuters stated that the data lessened immediate concerns about the world’s largest economy, though long-run fallout from Brexit kept sovereign yields near record lows.
Asian shares stabilize, Nikkei up 0.5%
Fri, Jul 08, 2016
Early trade on Friday saw Asian shares as steady.
Asian shares open higher, US data calms latest Brexit fears
Thu, Jul 07, 2016
Asian share markets opened higher on Thursday after US economic data that took some of the sting out of Brexit scare. The Australian dollar however slipped as the country’s triple A credit rating came under threat.
Asia shares fall, bonds surge as Brexit fears resurface
Wed, Jul 06, 2016
Asian share markets turned tail on Wednesday as fears over instability in the European Union returned with a vengeance, sending the pound to three-decade lows and hammering risk assets of all stripes.
Oil stable at nearly $50, but slow Asian demand hurts
Mon, Jul 04, 2016
Oil futures were steady on Monday following comments from the Saudi energy minister that the market was heading towards balance, although signs of slowing demand in Asia weighed.
Asian stocks recover losses, Australian dollar wobbles amid uncertain election
Mon, Jul 04, 2016
Asian shares shrugged off early losses and edged higher on Monday, while the Australian dollar was under pressure after no clear winner emerged from a weekend election.
Asian stocks recover losses from Brexit; pound under pressure
Fri, Jul 01, 2016
Asian stocks rose on Friday as risk appetite continued to recover from last week`s Brexit shock, but the pound came under renewed pressure after the Bank of England`s governor hinted at an interest rate cut ahead.
Oil prices fall to $50 per barrel as supply outlook improves
Thu, Jun 30, 2016
Oil prices fell in early trade on Thursday, with Brent futures struggling to defend $50.1 per barrel as fears over strike outages in Norway faded and as Nigeria`s production improved.
Oil prices fall as Brexit lingers, refined product glut looms
Mon, Jun 27, 2016
Oil prices dropped on Monday, extending sharp declines after Britain`s vote to leave the European Union sparked a sharp selloff in global markets on Friday.