Brent crude nudges up near $57, set for weekly gain

Last Updated: Friday, April 10, 2015, 11:02

Brent crude edged up on Friday, supported by strong economic data from Germany that lifted the oil demand outlook and as worries about a quick return of Iranian supplies eased.

Japan shares test 15-year highs, dollar in demand

Last Updated: Wednesday, April 8, 2015, 08:51

Japanese shares were probing 15-year peaks Wednesday as investors favoured Asian assets on expectations of more stimulus from countries such as China and Japan, as well as a delayed start to any tightening by the U.S. Federal Reserve.

Oil rebounds above $56 as weaker dollar overshadows China slowdown

Last Updated: Tuesday, March 24, 2015, 18:21

Brent crude reversed early losses to rise above $56 a barrel on Tuesday, as a weaker dollar overshadowed signs of slowing growth in China and Saudi Arabian oil production close to an all-time high.

Oil jumps on weaker dollar; U.S. crude up more than 4 pct

Last Updated: Friday, March 20, 2015, 22:24

Oil prices jumped on Friday, heading for their first positive week in three, as the dollar fell on interest-rate uncertainty, lifting demand for dollar-denominated commodities from holders of other currencies.

Brent climbs towards $55 on weaker dollar; supply concerns limit gains

Last Updated: Friday, March 20, 2015, 10:26

Brent prices rebounded towards $55 a barrel on Friday as the dollar weakened slightly, but gains were limited by supply concerns after Kuwait said OPEC had no choice but to maintain output levels.

Brent falls towards $53 after US crude stocks rise

Last Updated: Wednesday, March 18, 2015, 13:52

Brent for May delivery fell 50 cents to $53.01 a barrel by 0644 GMT after ending the previous session 7 cents up at $53.51.

Crude oil futures fall 2.57% as it trades at 6-year low in Asia

Last Updated: Wednesday, March 18, 2015, 12:50

At the Multi Commodity Exchange (MCX), crude oil for delivery in March tumbled by Rs 71, or 2.57 percent, to Rs 2,688 per barrel in 8,910 lots.

Oil prices drop as spare storage capacity runs low

Last Updated: Monday, March 16, 2015, 11:23

Oil prices fell on Monday, with US crude dropping nearly 3 percent to a six-year low as the dollar hit fresh highs and spare oil storage capacity runs low around the world.

Brent climbs above $58 on contract covering, geopolitical tension

Last Updated: Thursday, March 12, 2015, 12:17

Geopolitical tensions in the Middle East and North Africa also supported crude futures.

US crude prices to drop to $40 a barrel as inventories rise: Goldman

Last Updated: Monday, March 9, 2015, 09:46

Oil prices will reverse their recent gains as global crude inventories begin to increase again, with US crude likely to drop as far as $40 a barrel in the near-term, Goldman Sachs said.

Japan stocks extend rally, upbeat data supports dollar

Last Updated: Friday, February 20, 2015, 08:58

Japanese stocks rose to a fresh 15-year high on Friday with the dollar boosted by upbeat U.S. data, but continuing uncertainty over the Greek debt negotiations weighed on the euro.

Oil rises to $62 per barrel, near 2015 high as Mideast risks support

Last Updated: Tuesday, February 17, 2015, 16:55

Oil rose to USD 62 a barrel on Tuesday, close to its 2015 high, supported by threats to Middle East supplies and expectations lower prices may prompt a slowdown in U.S. output.