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Impact of 10-Month High Crude Oil Prices : How Does It Affect Company Margins?

Impact of 10-Month High Crude Oil Prices : How Does It Affect Company Margins?

Wed, Sep 20, 2023

Crude oil at 10 month high, who will be harmed by the boiling of CrudeOil? How much impact on the margins of companies? What is the effect of increase in crude prices? Know complete details

Oil prices edge lower amid doubts over OPEC cuts

Oil prices edge lower amid doubts over OPEC cuts

Tue, Nov 05, 2019

Oil prices slipped on Tuesday amid doubts over whether OPEC and other countries will continue to restrain output, edging lower after two days of gains on U.S. economic data and hopes for a Washington-Beijing trade deal.

Oil prices edge down; eyes on data amid trade deal hopes

Oil prices edge down; eyes on data amid trade deal hopes

Mon, Nov 04, 2019

Oil prices eased on Monday as traders remained cautious ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that has hurt global economic growth and crimped energy demand.

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Brent crude closes at 2017 low, erases gains since OPEC's cuts

Brent crude closes at 2017 low, erases gains since OPEC's cuts

Wed, May 03, 2017

The market was already trading lower prior to the technical selloff on reports of rising output in the United States, Canada and Libya and declining compliance by members of the Organization of the Petroleum Exporting Countries with the deal to cut output during the first half of this year.

Asia stocks ride global momentum, dollar up on June Fed rate hike bets

Asia stocks ride global momentum, dollar up on June Fed rate hike bets

Wed, May 03, 2017

MSCI`s broadest index of Asia-Pacific shares outside Japan rose 0.1% early on Wednesday, within a hair of a near-two-year high hit on Tuesday.

Oil markets remain cautious on record supplies

Oil markets remain cautious on record supplies

Fri, Apr 21, 2017

Oil opened the last day of a choppy trading week on a cautious note over doubts that an OPEC-led production cut was having the desired effect of restoring balance to a market that has been dogged by oversupply for more than two years.

Oil prices mixed after U.S. production seen rising

Oil prices mixed after U.S. production seen rising

Tue, Apr 18, 2017

Crude oil prices were mixed in thin trading on Tuesday after the Easter holiday break shut many markets for as long as four days and a U.S. government report indicated rising production, which may keep a cap on prices after recent gains.

Crude oil eases for second day on rising U.S. inventories

Crude oil eases for second day on rising U.S. inventories

Thu, Apr 13, 2017

Crude oil futures slid for a second session on Thursday, moving away from a one-month high touched in the last session as rising U.S. inventories stoked worries about global oversupply.

Oil prices rise on prospect that Saudi Arabia seeking output cut extension

Oil prices rise on prospect that Saudi Arabia seeking output cut extension

Wed, Apr 12, 2017

Oil prices rose on Wednesday, putting crude futures on track for their longest streak of gains since August 2016, as Saudi Arabia was reported to be lobbying OPEC and other producers to extend a production cut beyond the first half of 2017.

Oil hits 5-week top on geopolitical tensions, strong demand

Oil hits 5-week top on geopolitical tensions, strong demand

Tue, Apr 11, 2017

Crude oil climbed to a five-week high on Tuesday, with prices underpinned by tensions following a U.S. missile strike on Syria and a shutdown at Libya`s largest oilfield. Additional support also came from expectations of strong demand as the U.S. summer driving season kicks in.

Global stocks skid, safe-haven assets jump as U.S. strikes Syria

Global stocks skid, safe-haven assets jump as U.S. strikes Syria

Fri, Apr 07, 2017

The U.S. military launched cruise missile strikes ordered by President Donald Trump against a Syrian air base controlled by President Bashar al-Assad`s forces in response to a deadly chemical attack in a rebel-held area, a U.S. official said.

Oil prices dip as oversupply concerns linger

Oil prices dip as oversupply concerns linger

Fri, Apr 07, 2017

Oil prices dipped on Friday as ongoing concerns about oversupply outweighed an OPEC-led production cut and strong refinery activity. Brent crude futures , the international benchmark for oil, were at $54.85 per barrel at 0109 GMT, down 4 cents from their last close.

Oil prices fall on record U.S. crude stocks, rising production

Oil prices fall on record U.S. crude stocks, rising production

Thu, Apr 06, 2017

Traders said the falls came on the back of rising U.S. crude production that bolstered inventories to record levels.

Oil rises to near one-month high on supply tightening

Oil rises to near one-month high on supply tightening

Wed, Apr 05, 2017

"The immediate reason for the move was an unplanned production outage in the North Sea," said Sukrit Vijayakar, director of energy consultancy Trifecta, referring to an unplanned production outage at the Buzzard oil field in the North Sea.

Dollar extends gains after strong US data, Asia stocks subdued

Dollar extends gains after strong US data, Asia stocks subdued

Fri, Mar 31, 2017

Japan`s Nikkei jumped 0.5% after Japanese core consumer prices rose 0.2% in February.

Asia shares creep up to near 2-year peak, dollar firms

Asia shares creep up to near 2-year peak, dollar firms

Thu, Mar 30, 2017

Japan`s Nikkei stock index was down 0.2%, while Australian shares firmed, helped by gains in oil prices. Strong energy shares had helped the U.S. S&P 500 end higher overnight.

Global stocks, dollar recover as markets try to move past Trump's policy stumble

Global stocks, dollar recover as markets try to move past Trump's policy stumble

Tue, Mar 28, 2017

MSCI`s broadest index of Asia-Pacific shares outside Japan added 0.3% in early trade.

Equities take a spill on Trump healthcare setback; bonds shine

Equities take a spill on Trump healthcare setback; bonds shine

Mon, Mar 27, 2017

MSCI`s broadest index of Asia-Pacific shares outside Japan was flat in early trade though Australia`s stock market tumbled 0.9 percent at the open.

Oil slips, inventories curb recovery from four-month lows

Oil slips, inventories curb recovery from four-month lows

Fri, Mar 24, 2017

OPEC`s largest producer, Saudi Arabia, expects crude exports to the United States in March will fall by around 300,000 barrels per day from February, in line with the supply-cut agreement OPEC struck in November, a Saudi energy ministry official said.

Oil bounces off November lows, but bloated U.S. stockpiles pressure market

Oil bounces off November lows, but bloated U.S. stockpiles pressure market

Thu, Mar 23, 2017

Prices for front-month Brent crude futures, the international benchmark for oil, were at $50.94 per barrel at 0146 GMT, up 30 cents, or 0.59 percent, from their last close. That came after Brent briefly dipped below $50 a barrel the previous session for the first time since November.

Asian shares near 15-month high, dollar soft on less hawkish Fed

Asian shares near 15-month high, dollar soft on less hawkish Fed

Tue, Mar 21, 2017

Japan`s Nikkei dropped 0.8%, weighed by financial stocks, which were hurt by lower U.S. yields and exporter stocks, which fell on the yen`s gains against the dollar.

Oil prices drop on rise in US drilling

Oil prices drop on rise in US drilling

Mon, Mar 20, 2017

US oil output has risen to over 9.1 million bpd from below 8.5 million bpd in June last year.

Asia stocks weaker, dollar slips as Fed continues to weigh

Asia stocks weaker, dollar slips as Fed continues to weigh

Mon, Mar 20, 2017

The weaker dollar boosted gold, which added 0.2% to $1,230.50 an ounce in early trade.

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