Market News


Brent crude oil edges above $50 after U.S. stockdraw, lower production

Thu Sep 17, 2015 8:04am BST
Brent crude oil prices edged above $50 per barrel for the first time in a week on Thursday as lower stocks in the United States and peaking production by some producers appeared to help reduce huge oversupply, although Asia’s economies showed new signs of weakness.

Oil prices extend gains on stock-draw, U.S. crudes outperform Brent

Wed Sep 16, 2015 2:52am EDT
U.S. oil prices extended gains on Wednesday on an unexpected stockpile draw and higher gasoline prices, while international crude markets were lagged slightly on the back of low Asian economic growth expectations.

Asian shares, U.S. bond yields rise ahead of Fed rate decision

Wed Sep 16, 2015 1:36am EDT
Asian shares followed Wall Street higher on Wednesday, albeit in thin volume, and short-term U.S. bond yields held near 4 1/2-year highs as investors braced for the possibility of the first interest rate hike in the United States in almost a decade.

Oil edges up towards $47, weaker Asian demand outlook weighs

Tue Sep 15, 2015 5:14am EDT
Oil edged higher towards $47 a barrel on Tuesday, supported by the prospect of lower U.S. inventories and production although concern about weaker Asian demand kept prices in check.

China falls drag stocks back into red

Tue Sep 15, 2015 5:10am EDT
Concerns over China kept financial markets on edge on Tuesday, with an underwhelming reaction to recent data and Beijing’s efforts at corporate reform helping push European and Asian stocks lower.

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