oil hits 2016 highs after fall in us inventories

Oil hits 2016 highs after fall in US inventories

Oil prices surged to the highest levels this year on Wednesday after data showed a fall in US crude inventories that added to expectations of a tightening global market.
asia stocks extend global losses on oil price drop

Asia stocks extend global losses on oil price drop

Asian stock markets fell in thin trading on Tuesday, extending losses on US and European markets as a stubbornly strong yen dragged Tokyo into the red while falling oil prices deflated energy shares.
oil prices dip as canadian oil evacuations lifted

Oil prices dip as Canadian oil evacuations lifted

Oil prices slipped on Monday after Canadian officials lifted evacuation orders for several oil production sites in fire-ravaged Alberta province.
energy bank stocks pull markets down

Energy, bank stocks pull markets down

Vietnamese shares continued to fall this morning on both local exchanges as energy stocks were hit by the recent decline in oil prices.
oil prices slip as canada fires ebb

Oil prices slip as Canada fires ebb

Oil prices slipped on Friday (May 20) as the forest fires menacing Canada's oil sands region were contained, but the market remained generally firm amid growing expectations of a demand pickup.
shares fall for a second day

Shares fall for a second day

Vietnamese shares slid for a second day on both local exchanges as investor confidence declined on expectations that a US rate hike in June and declining oil prices would send energy firms down further.
vietnam shares retreat from recent rallies

Vietnam shares retreat from recent rallies

Vietnamese shares dropped on both local markets yesterday as investors took profits from blue chip gains and energy stocks fell on bumping oil prices.
oil retreats as dollar gains on fed rate speculation

Oil retreats as dollar gains on Fed rate speculation

Oil prices hit a fresh multi-month high on Wednesday before retreating after hawkish US Federal Reserve meeting minutes strengthened the dollar.
oil prices continue to boost local markets

Oil prices continue to boost local markets

Vietnamese shares extended gains on both local markets this morning as the energy sector rose further on higher oil prices.
oil prices hit 2016 peaks on talk of supply deficit

Oil prices hit 2016 peaks on talk of supply deficit

Oil prices shot up to six-and-a-half month peaks on Monday as Goldman Sachs said the market faces a short-term supply deficit due to production outages.
oil prices lift vietnam stocks

Oil prices lift Vietnam stocks

Vietnamese shares closed higher on both local markets this morning led by energy stocks, following a gain in oil prices.
apple weakness hits nasdaq oil lifts dow

Apple weakness hits Nasdaq; oil lifts Dow

Another drop in Apple shares left the Nasdaq in the red on Thursday, but higher oil prices helped keep the Dow in positive territory.
oil prices rise as wildfire curbs canada output

Oil prices rise as wildfire curbs Canada output

Petroleum prices finished modestly higher on Thursday as a huge wildfire in Canada's oil-sands region curbed production.
bullish oil markets hit new 2016 highs

Bullish oil markets hit new 2016 highs

World oil prices climbed again on Thursday, hitting the highest levels this year despite an absence of significant news to spur the gains.
asian markets mostly dip as us japan bank meetings eyed

Asian markets mostly dip as US, Japan bank meetings eyed

Asian markets mostly dipped on Tuesday (Apr 26) on investor caution before Federal Reserve and Bank of Japan policy meetings later in the week, while oil prices rallied after the previous day's sharp losses