Post Tagged with: "rises"

Source: Reuters

OPEC+ brings forward oil output rises as Biden’s Saudi visit looms

Yahoo


DUBAI/LONDON/RIYADH -Saudi Arabia and other OPEC+ states agreed to bring forward oil production rises to offset Russian output losses to ease surging oil prices and inflation and smooth the way for an ice-breaking visit to Riyadh by U.S. President …

Indian April crude processing rises as cheap Russia oil boosts returns

Indian April crude processing rises as cheap Russia oil boosts returns

Reuters


India’s April crude oil imports were the highest in 3-1/2 years as the world’s third biggest oil importer and consumer ramped up discounted Russian oil purchases to fuel a recovery in demand and fight high prices.

Crude oil imports

Source: Reuters

Column: U.S. oil drilling rises in response to higher prices

Nasdaq


LONDON, Feb 25 – Prominent business leaders in the U.S. shale industry have been proselytising about their newfound commitment to restricting output growth to protect prices and profit margins.

But the rate of new drilling and production is climbing …

Source: Reuters

Oil falls on strong dollar and potential Fed rate rises

CNBC


Oil prices fell on Monday, hit by a stronger dollar and investor concerns over the possibility of quicker than expected increases to interest rates by the U.S. Federal Reserve.

Brent crude fell $2.19, or 2.5%, to $85.70 per barrel. …

Source: Reuters

Toronto index rises as mining, energy stocks gain

Nasdaq


Dec 16 – Canada’s main stock index rose on Thursday, extending gains to a second session, aided by strength in mining, energy stocks and an upbeat economic outlook from the U.S. Federal Reserve.

At 9:44 a.m. ET (14:44 GMT), …

Source: Reuters

Dow rises more than 200 points to record, Nasdaq tops 13,000 for the first time

CNBC


Stocks rose to all-time highs on Thursday as Congress confirmed the election of Joe Biden as president and traders looked past the unrest in Washington.

The Dow Jones Industrial Average advanced 221 points, or 0.7%. At one point, the …

January 7, 2021 - 2:00 pm Closing Bell Story‎, Finance
Oil’s Post-Crash Bounce Fades as Buy-the-Dip Proves a Bust: Kemp

Oil’s Post-Crash Bounce Fades as Buy-the-Dip Proves a Bust: Kemp

From Reuters


Oil prices have continued to drift lower after plunging last week, highlighting the risk for traders trying to exploit mean-reversion strategies by buying futures contracts after a sharp fall in prices.

Front-month Brent futures prices tumbled by more …