Oil prices continued to rally on Thursday with Brent oil topping US$50 a barrel following data showing lower US crude stockpiles.Brent North Sea crude for delivery in October rose US$1.04 to US$50.89 a barrel in London,...
Crude prices rose in Asia on Tuesday after Russia and Saudi Arabia pledged to work on addressing a global supply glut, but analysts said gains would likely be limited after the two sides provided scant detail about their...
Gold held an advance after the US reported weaker-than-expected jobs data, reducing speculation the Federal Reserve may increase interest rates as soon as this month.Bullion for immediate delivery was 0.1 per cent lower...
Oil held losses near the lowest close in a week as US crude stockpiles unexpectedly increased, keeping supplies at the highest in at least three decades with the peak summer demand period approaching its end.Futures were...
Back on Nymex on Monday, August gasoline RBQ6, +0.04% fell 2.8 cents, or 2.1%, to $1.334 a gallon and August heating oil HOQ6, +0.49% lost 3.4 cents, or 2.5%, to $1.323 a gallon.
August natural gas NGQ16, -1.20%...
Oil futures settled Monday at their lowest level in three months as the prospect of more oil-drilling activities in the U.S., a glut of petroleum-product supplies and an expected slowdown in domestic refining activities...
Other metals traded on Comex settled mixed. October platinum PLV6, -0.10% ended flat at $1,088.40 an ounce, while September palladium PAU6, -0.80% added $2.70, or 0.4%, to $688.75 an ounce. September copper...
Oil futures lost more than 2% on Thursday, pressured by ample U.S. stockpiles of gasoline, as well as recent slowdowns in domestic crude production declines.
Meanwhile, prices for natural-gas recouped about half of what...
Meanwhile, September silver SIU6, -0.63% tacked on 20.2 cents, or 1%, to $19.815 an ounce to recoup about half of what it lost on Wednesday, when it ended at $
19.613—the lowest settlement since July 1, according to FactSet.
Among...
Back on Nymex, August gasoline RBQ6, +0.24% fell nearly a penny, or 0.6%, to end at $1.355 a gallon, with futures prices at their lowest since March. August heating oil HOQ6, +0.39% fell 3.5 cents, or 2.5%,...
Oil futures lost more than 2% on Thursday, pressured by ample U.S. stockpiles of gasoline, as well as recent slowdowns in domestic crude production declines.
Meanwhile, prices for natural-gas recouped about half of what...
Meanwhile, September silver SIU6, -0.10% tacked on 20.2 cents, or 1%, to $19.815 an ounce to recoup about half of what it lost on Wednesday, when it ended at $19.613—the lowest settlement since July 1, according to FactSet.
Among...
On Nymex, August gasoline RBQ6, +0.18% lost 1.2 cents, or 0.9%, to $1.364 a gallon, while August heating oil HOQ6, +0.27% added 2.1 cents, or 1.5%, to $1.405 a gallon.
August natural gas NGQ16, -0.45% ended...
Oil futures finished higher Wednesday, after data from the U.S. government revealed that crude stockpiles fell for a ninth week in a row, and by more than the market expected.
August West Texas Intermediate crude CLQ6,...
Silver is correcting “more violently as gold, as the white metal historically trades more volatile than its yellow counterpart,” said Pantelis. “We don’t see precious metals entering a big correction, but mostly consolidation...
Honesty, humility and trustworthiness are important factors that can affect business success, according to Frasers Centrepoint chief executive Lim Ee Seng last night.
Mr Lim's views will carry extra weight, given that he clinched the gold award for best chief executive of a company with a market capitalisation of at least $1 billion.
Mr Lim, 65,...
The longest trading disruption in the Singapore Exchange's (SGX) history was triggered by disk failure and a software application that did not detect the problem.
Compounding the situation, attempts to reopen the market last Thursday were stymied by problems in the orders and trade confirmation process, the SGX disclosed yesterday.
Trading was halted...
1 Gold edged higher yesterday as European shares hit a one-week low after data that showed Britain's vote on European Union membership dented German business confidence.
2 Goldman Sachs posted a 74 per cent rise in second-quarter profit as legal costs fell and fixed-income revenue surpassed analyst estimates. Net income rose to US$1.82 billion (S$2.5...
On Nymex, futures prices for August gasoline RBQ6, +0.11% ended at $1.376 a gallon, down 1.2 cents, or 0.8%, while August heating oil HOQ6, +0.04% rose less than a cent to $1.384 a gallon.
August natural gas...
Oil futures fell Tuesday, with the U.S. benchmark settling at a 10-week low.
Traders fretted over ample inventories of crude and petroleum products and the potential for a slowdown in energy demand on the back of a lower...