Jun 24, 2016 at 19:48 | Source: PTI
Flagging a slew of concerns arising from the Brexit which may even put their growthestimates under pressure, domestic rating agencies on June 24 said a possible decline in oil prices is the only positive outcomefrom Britain's decision to exit the European Union.
Jun 24, 2016 at 09:04 | Source: PTI
Asian currency and stock markets swung wildly as the early results in the high-stakes referendum showed the camp favouring an exit leading those who want the country to remain.
Jun 23, 2016 at 22:10 | Source: Reuters
Sterling climbed to a 2016 high and global stocks rallied as investors bet Britons were likely to vote to remain in the European Union.
Jun 23, 2016 at 13:30 | Source: PTI
As with financial markets, oil traders are closely watching the referendum as analysts warn that a British exit could see the country tumble into recession with global spillover effects.
Jun 23, 2016 at 12:24 | Source: Moneycontrol.com
According to Achiievers Equities,Crude oil edged lower as shrugging off a smaller than expected decline in US stockpiles as the market waited with bated breath for the result of Britain's "Brexit" vote.
Jun 23, 2016 at 07:16 | Source: Reuters
Trading has been choppy in the run up to Thursday's vote on whether Britain leaves or stays in the European Union (EU), and is expected to remain so before results start filtering through late on Thursday or early Friday.
Jun 22, 2016 at 13:31 | Source: CNBC-TV18
Summer demand for crude oil has already picked up in GCC (Gulf Cooperation Council) member states and in the US and South East Asia, but the winter demand will start showing support only after next couple of quarters, says Dharmesh Bhatia of Emirates NBD in an interview to CNBC-TV18.
Jun 22, 2016 at 10:32 | Source: PTI
Traders are also waiting for the release later in the day of official US stockpiles data, hoping for an idea about demand in the world's top oil consumer, after an industry group said supplies had tumbled last week.
Jun 22, 2016 at 07:56 | Source: Reuters
US crude futures' August contract , the new front month from Wednesday, had climbed 35 cents to USD 50.20 a barrel by 0039 GMT. That marked the first time it had risen above USD 50 since June 10.
Jun 21, 2016 at 10:26 | Source: PTI
Worries that Britons will vote to leave on Thursday has frayed nerves, and global investment titans Li Ka-shing and George Soros warned of economic doom if the country leaves bloc.