Tags » Oil Markets

Brent crude oil rises for a sixth day as supplies tighten amid strong demand


  • Oil markets have been lifted by supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC), but the potential of renewed U.S. sanctions against Iran is also pushing prices higher.
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Oil markets tense after western strikes on Syria, rising US drilling weighs


  • Oil fell 1 percent on Monday as markets opened following western air strikes in Syria over the weekend.
  • Oil markets also came under pressure from a rise in U.S.
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Most Asian markets up as Syria, trade fears subside


© AFP | Hong Kong’s de facto central bank has stepped in to currency markets for the first time since 2005

HONG KONG (CHINA) (AFP) – Asian markets mostly rose Friday as Donald Trump soothed concerns about military action in Syria while also sparking hopes the US could rejoin a massive Pacific-wide free-trade pact. 614 more words

Oil markets tense on Middle East crisis, US-China trade spat


  • Oil markets remained tense on Thursday on concerns of a military escalation in Syria.
  • Prices were some way off Wednesday’s 2014 highs as bulging American supplies weighed.
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Oil prices firm, but trade dispute and Syria keep market on edge


  • Oil markets stabilized after slumping around 2 percent last Friday.
  • Markets eyed the situation in Syria after reports – denied by the Pentagon – that U.S.
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Trump's China Threat Roils Stock, Oil Markets

Crude oil and global equity markets tumbled on Friday after U.S. President Donald Trump upped the ante in a trade dispute with China, renewing investor jitters about the potential impact a tariff war would have on the world economy. 603 more words


China enters oil futures market

In a move that will surely have global impact, China has begun to trade oil futures today.

This is how Bloomberg reports:

“It’s taken a quarter of a century, but China finally has its own oil futures.  96 more words