Oil flat as U.S. rig count rise cools gains, gasoline jumps| Reuters
Jul 03, 2015 at 01:45 | Source:
NEW YORK Crude oil prices ended little changed on Thursday as the first weekly gain in the U.S. rig count this year pared earlier gains.Pulling crude futures off highs was the latest data on the U.S. oil rig count from Baker Hughes. The firm said the...
Oil up as U.S. data cools rate hike views; gasoline jumps| Reuters
Jul 03, 2015 at 00:30 | Source:
NEW YORK Oil prices rose slightly on Thursday after tame U.S. jobs and economic data signalled the Federal Reserve might be less hasty to raise interest rates and as a surge in gasoline futures drove expectations for more crude demand.But with the Gr...
Asia shares subdued by Greek anxiety, dollar stands tall| Reuters
Jul 02, 2015 at 06:45 | Source:
TOKYO Asian stocks were subdued on Thursday as Greece's refusal to back down in a standoff with its creditors kept most markets on edge, while the dollar got a boost from upbeat U.S. economic indicators. MSCI's broadest index of Asia-Pacific shares...
Global stocks rally on hopes for Greek deal, dollar gains| Reuters
Jul 01, 2015 at 23:45 | Source:
NEW YORK Global equity markets jumped and safe-haven bonds fell on Wednesday after Greece's prime minister signaled he was prepared to accept the bulk of a bailout offer, while stronger-than-expected data on private U.S. jobs growth bolstered the dol...
Oil slides after U.S. stockpile build; Greece, Iran in focus| Reuters
Jul 01, 2015 at 23:15 | Source:
NEW YORK Oil prices slumped on Wednesday, with U.S. crude headed for its sharpest daily loss since late May, after the first rise in crude stockpiles in the United States in more than two months.The dollar's rally on Greece's debt default, Iran's ren...
Sensex crosses 28000: 4 reasons why investors are buying despite
Jul 01, 2015 at 12:44 | Source:
Even as the Greece debt crisis continue to create havoc in European markets, Indian equities are continuing their uptick today.The key benchmark Sensex opened on a firm note and raced past the crucial 28,000 mark.At 10.50 am, the 30-share BSE S&a...
Euro burdened by Greece, uncertainty high| Reuters
Jul 01, 2015 at 05:45 | Source:
SYDNEY The euro remained on the defensive in Asia on Wednesday as Greece became the first developed economy to default on a loan with the IMF, setting the scene for another day of uneasy action in markets.Still, it surprised no one when the Internati...
India asks refiners to buy dollars, euros to settle Iran oil dues| Reuters
Jul 01, 2015 at 01:45 | Source:
NEW DELHI India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.Local refiners still owe Ira...
Oil prices seen steady despite Greek crisis, Iran| Reuters
Jul 01, 2015 at 01:30 | Source:
REUTERS - Oil prices are likely to be stable for the rest of this year and climb in 2016 and 2017 as global demand picks up, shrugging off setbacks from the Greek debt crisis and the possible lifting of sanctions on Iran, a Reuters poll forecast on T...
OPEC oil output hits 3-year high in June on Iraq - Reuters survey| Reuters
Jul 01, 2015 at 01:15 | Source:
LONDON OPEC oil supply in June has climbed to a three-year high due to record or near-record output from Iraq and Saudi Arabia, a Reuters survey found, underlining the focus of the group's top exporters on market share.The boost from the Organization...
U.S. stocks bounce, euro falls as Greek deadline looms| Reuters
Jul 01, 2015 at 00:15 | Source:
NEW YORK Stocks on Wall Street rose in choppy trade on Tuesday and a global equities gauge ticked up, while the euro remained under pressure as Greece grappled with a looming deadline on a debt payment to the IMF.Greece submitted a new two-year aid p...
U.S. stock futures up, euro sags as markets eye Greece| Reuters
Jun 30, 2015 at 05:45 | Source:
TOKYO U.S. stock futures edged up and the euro sagged in early Asian trading on Tuesday as Greece lurched toward defaulting on a debt payment due later in the session, raising the likelihood of the cash-strapped nation's exit from the euro zone.Greec...
European banks, bonds shaken by Greek turmoil| Reuters
Jun 30, 2015 at 02:15 | Source:
LONDON European bank stocks and borrowing costs for Italy, Spain and Portugal bore the brunt on Monday of financial markets' fright at the growing risk that Greece will leave the euro. The worst fall in shares for six months and a 30 basis point rise...
Greek crisis pushes oil to around $62, hits three-week low| Reuters
Jun 30, 2015 at 01:45 | Source:
LONDON Oil fell more than $1 to around $62 per barrel on Monday, touching its lowest in three weeks, as Greece shut its banks and imposed capital controls, causing investors to flee from riskier assets and darkening the demand outlook. Brent crude wa...
Global stocks go for a tumble after Greece closes banks
Jun 29, 2015 at 16:19 | Source:
Beijing: Global stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts.Oil prices declined and the euro edged down after Athens announced the moves to stanch the flow o...