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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...
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Oil 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...
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BP 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...
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U.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...
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Gold 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...
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U.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....
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Home 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...
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JSW 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...
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French 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...
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FOREX-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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