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crude futures News
Brent holds above $70 on strong demand, OPEC-led supply restraint
Mon, Jan 29, 2018
Oil markets have been propped up by supply restraint lead by the Organization of the Petroleum Exporting Countries (OPEC) and Russia, which started in January last year and are scheduled to last through 2018.
Oil retreats after hitting 2015 highs
Sat, Jan 06, 2018
Oil prices have received general support from production cuts led by OPEC and Russia
Asia shares off to cautious start as Fed rate hike looms
Mon, Mar 13, 2017
"The markets are focusing on when the Fed will raise rates next time or the pace of its rate hike, so the tone of Fed Chair Janet Yellen will be closely watched," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management.
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.