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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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Entire oil futures curve moves above $50 as financial confidence in crude rises

Entire oil futures curve moves above $50 as financial confidence in crude rises

Fri, Oct 07, 2016

US oil futures held above $50 per barrel on Friday as the entire crude forward curve pushed above that level in a sign that financial markets have increasing confidence in the sector.

'Fat-finger' error seen as sterling slumps; Asian shares dip

'Fat-finger' error seen as sterling slumps; Asian shares dip

Fri, Oct 07, 2016

Sterling plunged to a three-decade low in thin early Asian trade on Friday as a break of key technical support levels triggered a wave of stop-loss orders.

Oil prices dip after reaching June highs following US crude stock draw

Oil prices dip after reaching June highs following US crude stock draw

Thu, Oct 06, 2016

Oil prices dipped on Thursday but remained near June highs reached the previous session when they were buoyed by a fall in US crude inventories. US West Texas Intermediate (WTI) crude oil futures were trading at $49.63 per barrel at 0051 GMT, down 20 cents from their last settlement.

Asian shares firm after U.S. service sector rebounds

Asian shares firm after U.S. service sector rebounds

Thu, Oct 06, 2016

Asian shares firmed on Thursday, encouraged by stronger U.S. economic data and a rise in oil prices, while growing prospects of a U.S. rate hike hit gold and the boosted the dollar to one-month highs versus the yen.

Rough times for Saudi retail as govt cuts bite

Rough times for Saudi retail as govt cuts bite

Wed, Oct 05, 2016

Diamonds glitter in the display cases of Saddam al-Yafae's shop, but the business has lost its sparkle.

Oil prices rise on report of US crude stock draw

Oil prices rise on report of US crude stock draw

Wed, Oct 05, 2016

Oil prices rose in early trading on Wednesday after a report that US fuel inventories may have fallen for a fifth straight week, but contracts remained near the $50 mark where many traders currently see fair value for crude.

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

Tue, Oct 04, 2016

Oil prices dipped early on Tuesday, weighed down by a rise in Iranian exports that adds to a global supply overhang, although a planned OPEC-led supply cut later this year has lent crude some support.

Oil prices fall on high production despite planned OPEC output cut

Oil prices fall on high production despite planned OPEC output cut

Mon, Oct 03, 2016

Oil prices fell away from $50 per barrel on Monday despite an agreement last week by exporters to cut output, with traders doubting the step was enough to rein in production that has exceeded consumption for the better part of three years.

Oil prices down on profit-taking after rising 7% in past two sessions

Oil prices down on profit-taking after rising 7% in past two sessions

Fri, Sep 30, 2016

NYMEX crude for November delivery was down 8 cents at $47.75. It settled up 78 cents on Thursday, after touching a one-month high of $48.32 earlier.

Goldman says OPEC deal to add as much as $10 to H1 2017 oil prices

Goldman says OPEC deal to add as much as $10 to H1 2017 oil prices

Thu, Sep 29, 2016

WTI was trading around $47 a barrel, after gaining more than 5 percent on Wednesday on OPEC`s planned output cut. [O/R]

Oil prices rise on surprise OPEC deal to curb output

Oil prices rise on surprise OPEC deal to curb output

Thu, Sep 29, 2016

Oil prices extended gains after rising nearly 6% on Wednesday after OPEC struck a deal to limit crude output.

Oil prices rise by 3% after surprise increase in US crude stocks draw

Oil prices rise by 3% after surprise increase in US crude stocks draw

Wed, Sep 28, 2016

Crude futures fell about 3% on Tuesday after Iran rejected an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply.

Asian shares rally as US Fed keep rates unchanged

Asian shares rally as US Fed keep rates unchanged

Thu, Sep 22, 2016

The yen had gained broadly after the BOJ`s shift to yield curve control

Bad days for national oil companies to continue, Fitch says

Bad days for national oil companies to continue, Fitch says

Wed, Sep 21, 2016

Most of the NOCs reported poor financial result for the first half or first quarter ended on June 30 due to a fall in average oil and gas prices from a year ago.

Oil prices rise on reported US crude stock draw, firm Japan import data

Oil prices rise on reported US crude stock draw, firm Japan import data

Wed, Sep 21, 2016

Traders said that the main WTI price driver had been American Petroleum Institute data showing a 7.5-million barrel draw to 507.2 million barrels in U.S. crude inventories, the third weekly stock draw.

Oil up as Venezuela sees output deal, Libya suffers clashes

Oil up as Venezuela sees output deal, Libya suffers clashes

Mon, Sep 19, 2016

Oil prices rose in Asian trade on Monday after Venezuela said that OPEC and non-OPEC countries were close to reaching an output stabilizing deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted.

Oil prices drop on returning Libya, Nigeria supplies

Oil prices drop on returning Libya, Nigeria supplies

Fri, Sep 16, 2016

Oil prices fell on Friday on worries that U.S. rig counts would continue to rise and that returning Libyan and Nigerian exports would stoke a global supply glut.

Oil rises on smaller-than-expected build in U.S. crude stocks

Oil rises on smaller-than-expected build in U.S. crude stocks

Wed, Sep 14, 2016

Oil prices rebounded in Asian trade on Wednesday after falling by as much as 3 % in the previous session, as data from an industry group showed a smaller-than-expected build in U.S. crude stocks.

Global oil glut set to last at least until mid-2017: IEA

Global oil glut set to last at least until mid-2017: IEA

Tue, Sep 13, 2016

A global oil glut that has hurt producers but means cheaper pump prices for consumers looks set to go on at least six months longer than previously thought, the International Energy Agency said Tuesday.

Oil prices fall on profit taking, China data in focus

Oil prices fall on profit taking, China data in focus

Tue, Sep 13, 2016

Oil prices fell in early trade on Tuesday on concerns over increased drilling in the United States and as investors took profits after oil prices rose close to 1 percent in the previous session.

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