Tag: prices

Labor: New jobless claims down 6K, longest streak since 1970s

The number of Americans filing new applications for unemployment benefits fell last week, suggesting a…

Saudi Arabia is still dominating Asia’s crude oil market

September 12, 2015

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Saudi Arabia is still dominating Asia’s crude oil market

Al-Jubeir said that under those conditions, Saudi Arabia would support the deal. Why is Riyadh…

Saudi Arabia’s August oil output said to dip slightly

September 11, 2015

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Saudi Arabia’s August oil output said to dip slightly

Saudi Arabia continues to be a major force in Asia’s oil market, new figures from…

Saudi market share holds in Asia despite competition, EIA says

September 11, 2015

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Saudi market share holds in Asia despite competition, EIA says

“These deficits will rapidly erode the fiscal buffers that have been built over the past…

Gold, silver futures settle down on mixed U.S. jobs data

September 7, 2015

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Gold, silver futures settle down on mixed U.S. jobs data

“This will give the market some further clues about how the Fed will be thinking…

FT: Oil fund manager Andurand sees crude prices below $30

September 7, 2015

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FT: Oil fund manager Andurand sees crude prices below $30

Despite data on Wednesday showing a huge build in USA crude inventories, oil rallied early…

IMF Chief Christine Lagarde Calls for Urgent Economic Overhauls Amid Slowdown

September 6, 2015

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IMF Chief Christine Lagarde Calls for Urgent Economic Overhauls Amid Slowdown

China’s surprise decision to revalue the yuan as it tried to contain the stock market…

Stocks Close Sharply Lower On Disappointing Job Growth

September 6, 2015

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Stocks Close Sharply Lower On Disappointing Job Growth

The Standard & Poor’s 500 index increased 20 points, or 1.1 percent, to 1,933. This…

Gold rises as investors rush to safer assets

September 4, 2015

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Gold rises as investors rush to safer assets

Gold rose for a third day as investors looked for a haven during the equity…

Saudis, Iran at odds over OPEC price forecasts

September 3, 2015

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Saudis, Iran at odds over OPEC price forecasts

Similar understandings to cooperate in the past have fallen apart, making coordinated action unlikely.