Saturday , 18 November 2017
Breaking News
Home » Tag Archives: Oil Prices

Tag Archives: Oil Prices

EUR/USD TICKS UP IN QUIET TRADE, AHEAD OF KEY CONSUMER INFLATION DATA

EUR/USD inched up in subdued trade on Monday, as the dollar fell slightly due to weak manufacturing data, ahead of a critical release of monthly consumer prices in the U.S. which could provide clearer indications on the strength of the world’s largest economy. The currency pair traded in a tight range between 1.1303 and 1.1343, before settling at 1.1321, up …

Read More »

OIL PRICES CLIMB TO 7-MONTH HIGHS; BRENT APPROACHES $50

Oil prices were sharply higher in North American trade on Monday, adding to strong overnight gains, after Goldman Sachs (NYSE:GS) said the market shifted into deficit in May due to falling production, while a disruption to supplies in Nigeria provided further support. On the ICE Futures Exchange in London, Brent oil for July delivery rose to a session peak of …

Read More »

Dubai Stocks Rise Most in 6 Weeks on Oil; Saudi Jumps on Payout

(Bloomberg) — Dubai stocks advanced the most in six weeks after oil rallied on signs a price slump will curb output. Saudi Arabia’s benchmark index rose after King Salman ordered bonuses of two months’ salary to be paid to government workers. The DFM General Index added 4.5 percent, the most since Dec. 21, to close at 3,840.22. Abu Dhabi’s ADX …

Read More »