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ReutersOil hits highest in nearly two weeks on Asian equity recoveryReuters“The upside momentum since WTI hit last week's low of $58 has been continuing,” said Tetsu Emori, CEO of Emori Capital Management in Tokyo. “Oil got mild support from gains in A
Admin 19.02.2018 0 48

ReutersOil extends gains, but upside limited as dollar edges upReutersThe U.S. oil rig count, an indicator of future production, rose by seven to 798, its highest since April 2015, according to a weekly report from General Electric's Baker Hughes unit.
Admin 19.02.2018 0 51

ReutersOil edges up on equities rebound and weak dollarReutersWorld shares were set for their best week of gains in six years after two consecutive weeks in the red, while the dollar hit its lowest since 2014. The dollar slipped to a three-year low against
Admin 16.02.2018 0 57

ReutersOil near one-week high on weak dollar, stocks rallyReuters“Oil is getting support from a rebound in global stock markets and a weak dollar, but the upside is limited due to a projection for rising U.S. production,” said Tomomichi Akuta, senior econo
Admin 16.02.2018 0 52

Oil near one-week high on weak dollar, equities rallyReuters UK“Oil is getting support from a rebound in global stock markets and a weak dollar, but the upside is limited due to a projection for rising U.S. production,” said Tomomichi Akuta, senior economi
Admin 16.02.2018 0 56

ReutersUS oil hits one-week high as dollar sags; many Asian markets shutReutersThe dollar slipped to a three-year low against a basket of currencies on Friday. A weaker dollar often boosts prices for oil and other dollar-denominated commodities. [USD/]. As
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Oil gains as dollar sags near three-year low; many Asian markets shutReuters“The market is quiet due to a slew of holidays in Asia.” The dollar languished near a three-year low against a basket of currencies on Friday, headed for its biggest weekly loss in
Admin 16.02.2018 0 49

ReutersOil slips below $64 as US output, higher inventories weighReutersOil had climbed on Wednesday and early on Thursday after Saudi Energy Minister Khalid al-Falih said OPEC would do better to leave the market tight than end the deal on cutting output t
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ReutersOil rises towards $65 on Saudi commitment to curb output, weak dollarReutersA weaker dollar makes oil and other dollar-denominated commodities cheaper for holders of other currencies, potentially boosting demand. “It seems that al-Falih felt this co
Admin 15.02.2018 0 47

ReutersOil falls by 1 percent on Saudi commitment to withhold output, weak dollarReutersStephen Innes, head of trading for Asia-Pacific at futures brokerage OANDA in Singapore, said “the Saudi signal is reasonably convincing, suggesting OPEC and their part
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