Showing posts with label crude oil update. Show all posts
Showing posts with label crude oil update. Show all posts

Wednesday, September 7, 2016

Oil rally continues as Brent tops US$50 a barrel

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,...

Tuesday, September 6, 2016

Oil prices up in Asia on Russia-Saudi talks

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...

Monday, September 5, 2016

Gold holds gain on speculation Federal Reserve won't raise rates this month

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...

Thursday, August 25, 2016

Oil holds losses near one-week low after surprise stockpile gain

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...

Tuesday, July 26, 2016

Gasoline Market Update : Epic Research Singapore

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 Market Update : Epic Research Singapore

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...

Platinum Market Update : Epic Research Singapore

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...

Saturday, July 23, 2016

Oil Market Update : Epic Research Singapore

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...

Silver Market Update : Epic Research Singapore

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...

Friday, July 22, 2016

Natural Gas Market Update : Epic Research Singapore

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 Market Update : Epic Research Singapore

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...

Silver Market Update : Epic Research Singapore

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...

Thursday, July 21, 2016

Gasoline Market Update : Epic Research Singapore

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 Market Update : Epic Research Singapore

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 Market Update : Epic Research Singapore

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...

Wednesday, July 20, 2016

'Vital statistics' that add up to a successful CEO

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,...

Bourse's attempts to reopen market hit by problems in orders and trade confirmation process

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...

Market highlights

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...

Gasoline Market Update : Epic Research Singapore

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 Market Update : Epic Research Singapore

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...