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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 Com...

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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Oil drops for third day, awaiting OPEC decision

Oil drops for third day, awaiting OPEC decision

Thu, Nov 30, 2017

Oil prices dipped on Wednesday in a volatile session buffeted by conflicting statements from oil ministers a day ahead of OPEC`s meeting in Vienna, as members debate the path for an extension of the group`s supply-cut agreement.

Indian economic growth set to end five-quarter slide: Reuters poll

Indian economic growth set to end five-quarter slide: Reuters poll

Tue, Nov 28, 2017

If that`s correct, the data will be the latest evidence of a broad-based global economic upturn across Asia and most of the world that has many major central banks poised to move away from ultra-easy monetary policy.

Oil prices fall on uncertainty over OPEC output cuts, pipeline restart

Oil prices fall on uncertainty over OPEC output cuts, pipeline restart

Tue, Nov 28, 2017

Oil prices slipped in early Asian trade on Tuesday amid uncertainty over a possible extension of output cuts by major crude producers and expectations of higher supply as the Keystone pipeline restarts.

Exxon Mobil chief Darren Woods revamps refining and chemical operations

Exxon Mobil chief Darren Woods revamps refining and chemical operations

Mon, Nov 27, 2017

The reorganization aims to squeeze more profits from the fuel and chemicals businesses as the company works to improve its exploration and production operations, which have struggled since 2014 to adjust to lower oil and gas prices.

Oil prices firm on expected OPEC cut extension

Oil prices firm on expected OPEC cut extension

Wed, Nov 22, 2017

Oil prices firmed on Wednesday after a reported fall in U.S. crude inventories and on expectations that an OPEC-led production cut aimed at tightening the market will be extended beyond March 2018.

Russia's Rosneft says managing exit from OPEC deal is a serious challenge

Russia's Rosneft says managing exit from OPEC deal is a serious challenge

Wed, Nov 15, 2017

Russian Energy Minister Alexander Novak met Russian oil company executives in Moscow on Wednesday ahead of talks in Vienna at the end of November between OPEC and non-OPEC producers.

Oil markets cautious as OPEC cuts are met by rising U.S. output

Oil markets cautious as OPEC cuts are met by rising U.S. output

Tue, Nov 14, 2017

Oil markets were treading water on Tuesday, continuing the cautious trading seen over the last week as bullish factors such as ongoing OPEC-led production cuts and Middle East tensions are countered by rising U.S. output.

Asian markets hit 10-year high on strong economy, oil gains

Asian markets hit 10-year high on strong economy, oil gains

Wed, Nov 01, 2017

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6%, led by 1.1% gains in South Korea while Japan's Nikkei gained 1.4%.

Oil prices steady near two-year high as supply cuts bite

Oil prices steady near two-year high as supply cuts bite

Tue, Oct 31, 2017

Oil prices were steady to slightly firmer on Tuesday after a week of gains as the prospect of increasing U.S. exports dampened bullish sentiment that has driven Brent crude to more than two-year highs above $60 per barrel.

Oil up 2%, Brent hits $60 per barrel on support for extending curbs

Oil up 2%, Brent hits $60 per barrel on support for extending curbs

Sat, Oct 28, 2017

Oil prices jumped about 2 percent on Friday, with global benchmark Brent crude rising above $60 per barrel, on support among the world`s top producers for extending a deal to rein in output and as the dollar retreated from three-month peaks.

Asian markets extend bull run on optimism about upcoming earnings

Asian markets extend bull run on optimism about upcoming earnings

Tue, Oct 17, 2017

Japan's Nikkei gained 0.6%, extending its 10-day winning streak until Monday while MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.04%.

Oil prices dips on record US exports, but OPEC-led supply cuts lend support

Oil prices dips on record US exports, but OPEC-led supply cuts lend support

Thu, Oct 05, 2017

The declines came after the Energy Information Administration (EIA) said late on Wednesday that US crude oil exports jumped to 1.98 million barrels per day (bpd) last week.

Global markets: Stocks, bond yields, dollar up after Trump tax plan

Global markets: Stocks, bond yields, dollar up after Trump tax plan

Thu, Sep 28, 2017

The dollar also drew support from strong U.S. durable goods orders data that cemented expectations the Federal Reserve is on course to raise interest rates for the third time this year in December.

Asia stocks edge lower, focus turns to China markets after ratings cut

Asia stocks edge lower, focus turns to China markets after ratings cut

Fri, Sep 22, 2017

The dollar was steady at 112.445 yen and on track to end 1.4 percent higher on the week, during which it brushed a two-month high of 112.725 as U.S. yields spiked on the back of the Fed`s hawkish stance.

Oil prices fall on concerns of oversupply, low investment

Oil prices fall on concerns of oversupply, low investment

Wed, Aug 23, 2017

Oil prices fell early on Wednesday, squeezed between concerns of oversupply, sparked by rising Libya output, and fears of reduced future investment in the industry.

Asian shares edge up, bolstered by modest gains on Wall Street

Asian shares edge up, bolstered by modest gains on Wall Street

Tue, Aug 22, 2017

On Wall Street on Monday, the Dow Jones Industrial Average and the S&P 500 marked modest gains, though the Nasdaq Composite edged down slightly

Asian shares dip on profit-taking after Dow hits 22,000

Asian shares dip on profit-taking after Dow hits 22,000

Thu, Aug 03, 2017

"Those shares that were bought heavily on Tuesday are being sold aggressively. I would suspect investors want to take profits quickly after they saw a sharp correction last week," said Yukino Yamada, senior strategist at Daiwa Securities.

Oil climbs for sixth day, near eight-week highs on U.S. crude stock declines

Oil climbs for sixth day, near eight-week highs on U.S. crude stock declines

Fri, Jul 28, 2017

Oil prices extended a rally into a sixth day on Friday, hovering near 8-week highs on a decline in U.S. inventories and OPEC`s ongoing efforts to curb production to ease a global glut.

Global markets: Dollar's decline, China optimism boost Asia stocks, commodities

Global markets: Dollar's decline, China optimism boost Asia stocks, commodities

Wed, Jul 19, 2017

"Globally, financial conditions tend to improve when the dollar is weak and vice versa," they added. "The falling dollar – still the globe`s major reserve and funding currency – tends to see risk appetite flourishing."

Oil prices edge up on strong China demand, signs of U.S. output slowdown

Oil prices edge up on strong China demand, signs of U.S. output slowdown

Mon, Jul 17, 2017

Oil prices inched up on Monday, supported by a slowdown in the growth of rigs looking for crude in the United States and because of strong refinery demand from China. Brent crude futures were at $49.02 per barrel at 0656 GMT, up 11 cents, or 0.2 percent, from their last close.

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