USA light crude oil was $1.81 higher at $47.69 a barrel
The bullish inventories report, came a day after crude prices dropped 1%, after EIA raised its near-term outlook for USA oil production and revised down its projections for oil prices. USA light crude...
View ArticleOil prices fell through technical price support levels
Brent crude oil rose 3.7% in sterling terms over the week to 11 May, according to our exclusive Accumulator table (link below). To continue access the Accumulator table, please sign in or register. The...
View ArticleBP shares rose 1.7 per cent after the oil major’s profit
Strong earnings have helped push shares higher across the globe this year. Investors were looking ahead to earnings from Apple , whose shares – along with those of other major tech companies – hit...
View ArticleU.S. Oil And Gas To Contribute $1.9 Trillion To U.S. GDP
The real reason that oil prices have fallen is that they were too high and needed to adjust downward. WTI oil prices plunged to almost $45 per barrel yesterday (Figure 1). Related: U.S. Oil And Gas To...
View ArticleGold rose by $2.30 or 0.2% to settle at $1,230 an ounc for June
Gold settled at a nearly two-week high Monday after more show of nuclear strength from North Korea, while platinum, copper and silver advanced, finding traction after weekend comments from China about...
View ArticleU.S. drillers added oil rigs for the 17th straight week
Oil prices settled slightly higher on Friday as lower U.S. crude inventories and increasing support for continued OPEC-led production cuts inspired hope that the global supply glut can be reduced....
View ArticleHome Depot’s average ticket value rose by about $2 to $62.39
The number of customer transactions was up 1.6 percent in the quarter, while the average ticket value rose by about $2 to $62.39. Sales of big-ticket items, which are priced above $900 and account for...
View ArticleJSW Steel net profit rose to Rs1,009 crore in the three months
Twelve analysts polled by Bloomberg had expected JSW Steel to report a profit of Rs749.40 crore while 14 brokers had estimated revenue of Rs16,297 crore. Net profit rose to Rs1,009 crore in the three...
View ArticleFrench shares among the biggest advancers as eurozone economic activity
collected by :Mathio Rix European stocks closed in the green on Tuesday, with French shares among the biggest advancers as eurozone economic activity remained at a six-year high. “This sentiment is...
View ArticleFOREX-Aussie, kiwi stream higher than Yellen sounds wary
collected by :kiven Dixter FOREX-Aussie, kiwi stream higher than Yellen sounds wary U.S. 10-year interest rates are 4 times – or almost 2 full percentage points – higher than those in Germany. For...
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