ReutersGasoline soars and dollar dented as Tropical Storm Harvey ragesReutersHarvey has knocked out a quarter of oil production from the Gulf of Mexico, prompting fears it could overturn years of excess U.S. oil capacity and low prices. “Although the full …
The Straits TimesForex Market Review (Asian Session) – Euro holds above 2½-year high; oil prices mixed in wake of Hurricane HarveyXM (blog)As Asian trading was about to end for the day, the euro managed to hold above the two and a-half-year high, despite b …
Moneycontrol.comGasoline futures surge as Harvey swamps Texas, euro holds at 2-1/2-year highReutersThe region is home to a quarter of U.S. crude oil refining capacity, and some areas are expected to see a year's worth of rainfall in the span of a week. …
Moneycontrol.comUS gasoline futures surge after Harvey, euro holds gains on Draghi commentsReutersHarvey has knocked out a quarter of oil production from the Gulf of Mexico, prompting fears it could overturn years of U.S. excess oil capacity and low prices …
ReutersUS gasoline futures surge after Harvey, euro gains on Draghi commentsReutersGasoline futures soared as much as 6.8 percent at one point as the storm battered Texas, whose coastal refineries account for a quarter of U.S. crude oil refining capacity. …
CNBCEuropean markets move higher as oil prices rise; Yellen comments in focusCNBCThe oil & gas sector moved higher by 1.7 percent, buoyed by a solid rise in oil prices. Brent crude was up 1.9 percent at $48.43 per barrel and U.S. West Texas crude was u …
ReutersOil up almost 2 percent on weaker dollar, short-coveringReutersIt was the fourth straight session of gains for oil, which also got some support after the chief executive of U.S. shale oil producer Pioneer Natural Resources Co (PXD.N) said Saudi Arab …
ReutersOil prices up 2 percent on weaker dollar, short coveringReutersTim Evans, Citi Futures' energy futures specialist, said in a note that oil's upswing was "a technical correction after the declines of the past five weeks" helped alon …
ReutersEuro rallies, weak dollar lifts oilReutersIan Taylor, head of the world's largest independent oil trader Vitol, told Reuters that Brent prices would stay in a range of $40-$55 a barrel for the next few quarters. "In the third quarter we sho …
ReutersOil prices up on weaker dollar, but supply glut caps gainReutersLONDON Oil prices rose for a fourth consecutive session on Tuesday boosted by a weaker dollar but worries over persistent oversupply capped gains. Brent crude futures LCOc1, the interna …