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Recent News Headlines : Benchmark
ASIAN SHARES EDGE HIGHER FED CHIEF SPECULATION TEMPERS APPETITE
The New Zealand dollar NZD D4 skidded 0.7 percent to 0.6980 after a 1.7 percent fall on Thursday, its largest daily fall since June 2016... READ MORE›
OIL STABLE ON TIGHTENING FUNDAMENTALS BUT CHINA SPOOKS MARKET
Brent crude futures LCOc1, the international benchmark for oil prices, were at 57.22 at 0146 GMT, virtually unchanged from their last close... READ MORE›
OIL RISES ON SIGNS OF TIGHTER MARKET BUT 2018 LOOKS MORE UNCERTAIN
Brent crude futures, the international benchmark for oil prices, were trading at 56.75 per barrel at 0649 GMT, up 14 cents, or 0.25 percent, from their last close... READ MORE›
OIL SET FOR STRONGEST THIRD QUARTER SINCE 2004, IRAQ HINTS AT OPEC EXTENSION
Brent crude futures rose 29 cents to 55.43 a barrel by 0800 GMT, while U.S. West Texas Intermediate WTI crude futures were up 42 cents at 49.90 a barrel... READ MORE›
Trending News Headlines : Benchmark
GOOD NEWS FOR MOTORISTS AS PETROL PRICES PREDICTED TO FALL
Petrol prices may fall below the A?1 per litre mark, as world oil prices continue to tumble... READ MORE›
A BILLION BARRELS BET OIL PRICES WILL RALLY
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world... READ MORE›
OIL PRICES SOAR AFTER OPEC DEAL
Oil prices soared Thursday after the Organization of the Petroleum Exporting Countries OPEC clinched an agreement to cut production, first of its kind since 2008... READ MORE›
'LOWER FOR LONGER:' OIL PRICES CRATER TO 2003 LEVELS
His expected range for oil prices was 32 a barrel to 55... READ MORE›
RUSSIAN RUBLE REMAINS RESILIENT TO CRUDE MOOD SWINGS
The Russian currency has come under strong pressure in recent days with Brent crude futures losing 8.1 percent since March 7... READ MORE›
OIL PIPELINE FIRMS' DISCOUNTS RILE CLIENTS, ROIL MARKETS
The secondary market is formed by marketing firms signing up to long-term contracts with their parent companies, the pipeline owners... READ MORE›
BP TO CUT 4,000 JOBS GLOBALLY AS OIL PRICES DROP
NEW YORK-- Oil producer BP plans to slash more than 4,000 jobs over the next two years as oil prices plummet... READ MORE›
OIL PRICES SURGE AS WORLD UNITES ON PRODUCTION CUT
US crude benchmark West Texas Intermediate also hit a sixteen-month high of 54.51 per barrel before retreating to 54.15... READ MORE›
U.S. OIL CEO HAMM GOES OUT ON A LIMB, SCRAPS HEDGES
U.s. oil ceo hamm goes out on a limb scraps hedges... READ MORE›
WORLD STOCKS DOWN ON GROWTH JITTERS, JAPAN DIVES 5.4 PER CENT
Banking stocks hammered In Asia, Japan's Nikkei 225 dived 5.4 per cent to close at 16,085.44 and Australia's S P ASX 200 fell 2.9 per cent to 4,832.10... READ MORE›
TSX AND DOW CLOSE NEAR RECORD HIGHS AS TRUMP PUSHES BUSINESS-FRIENDLY AGENDA
Stocks markets rose on Tuesday as the new U.S. administration laid out more elements of its pro-business stance... READ MORE›
AS U.S. OIL TANKS SWELL AT RECORD RATE, TRADERS ASK
The firm owns nearly 20 million barrels of storage tank capacity in Cushing, more than any other company except Enbridge... READ MORE›
INVESTORS KEEP MONEY FLOWING INTO THE WORLD'S BIGGEST OIL ETF
When news reports that include the key words bear market and oil start to appear in large numbers, prices often rally afterward, the analysis shows... READ MORE›
OXFORD REPORT WEAK ASIA DEMAND US SHALE TO STEM OIL RALLY
He adds that US shale producers also remain a threat to higher prices, especially with a Donald Trump presidency favoring domestic production over imports... READ MORE›
CNOOC'S NEXEN CLOSING DOWN CRUDE OIL TRADING DIVISION
CNOOC's Nexen closing down crude oil trading division - sources... READ MORE›
ALBERTA NDP WARNS THAT OIL'S CONTINUED SLIDE COULD DELAY CAMPAIGN PROMISES
Environment Minister Shannon Phillips said her government is tremendously concerned about the ongoing slump in oil prices... READ MORE›
GLOBAL MARKETS FOLLOW TRUMP RALLY EUROPEAN STOCKS NEAR ONE-YEAR HIGH
Britain's FTSE 100, Germany's DAX and the French CAC 40 were all trading about a half percent up... READ MORE›
OIL TO REACH $65 BY YEAR-END IF OPEC STICKS TO PRODUCTION CUTS - CITI
The bank expects US West Texas Intermediate WTI crude to reach 62 a barrel and Brent crude to average 65 per barrel by year-end... READ MORE›
ALBERTA BUDGET HINGES ON OIL PRICE FORECAST -- AN EDUCATED GUESS
The government's fall budget forecast oil prices at 50 US a barrel this year and 61 US in 2016-17... READ MORE›
WORLD BANK SLASHES 2016 OIL PRICE FORECAST
Oil prices should decline another 27 percent in 2016 after plummeting by 47 percent last year, according to the outlook... READ MORE›
ASIAN SHARES FALL ON SUBDUED WALL STREET, DIP IN OIL PRICES
Brent crude, the benchmark for international oil prices, shed 45 cents to 54.60 a barrel... READ MORE›
INVESTORS CAUTIOUS AHEAD OF TOO-CLOSE-TO-CALL FRENCH ELECTION
France's CAC40 underperformed other European indexes on Friday with investors cautious ahead of the first round of the presidential election... READ MORE›
DOW JONES INDUSTRIAL AVERAGE PLUNGES AS NORTH KOREA NUKE TEST ADDS TO LIST OF GEOPOLITICAL CONCERNS; OIL PRICES LOWEST SINCE 2004
Oil Prices The global oil price benchmark hit its lowest price since June 2004 Wednesday as global production continues its dogged rise... READ MORE›
STUBBORN OVERSUPPLY THROUGH 2016 TO CURB OIL PRICE RECOVERY
The average 2016 price for benchmark North Sea Brent crude futures was forecast at 52.52 a barrel, 5.43 below the previous month's poll, according to the survey of 20 analysts... READ MORE›
OIL PRICES NEWS 2016: WORLDWIDE GLUT CONTINUES, CAUSING SINKING REVENUES
The price per barrel has dropped by 70 percent since mid-2014, and analysts warn the slide could continue... READ MORE›
IT'S A TROUBLED WORLD WHEN OIL IS A REFUGE FOR SHARE INVESTORS
Energy companies on the benchmark MSCI All-Country World Index of global stocks have sunk 7.1 per cent this year, the worst performance of any industry... READ MORE›
CHINA DATA BOOSTS GLOBAL STOCK MARKETS EVEN AS CRUDE OIL PRICES SLIP
Australia's S P ASX 200 Index gained 1.59 percent and the Straits Times Index in Singapore closed 2.69 percent higher... READ MORE›
EUROPE STOCKS UP WHILE ASIAN MARKETS MIXED AS OIL PRICES DIP
Among the European bourses, Germany's DAX was up 0.68 percent while London's FTSE 100 was flat in mid-morning trade... READ MORE›
IT'S A TROUBLED WORLD WHEN OIL IS A REFUGE FOR SHARE INVESTORS
Energy companies on the benchmark MSCI All-Country World Index of global stocks have sunk 7.1 per cent this year, the worst performance of any industry... READ MORE›