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Brent Oil Rises Back Above $80

Monday,   22-Oct-2018   03:39 (IST)

In commodities, oil prices were higher to start the week, as looming U.S. sanctions on Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC), are widely expected to lead to a tighter market.The sanctions, which from Nov. 4 will include Tehran's oil exports, are being reinstated after U.S. President Donald Trump pulled out of the Iran nuclear deal earlier this year.Simmering geopolitical tensions between OPEC kingpin Saudi Arabia and the U.S. over the suspected death of Jamal Khashoggi, a prominent Saudi journalist, who disappeared after entering t...

Italy Boosts European Markets

Monday,   22-Oct-2018   03:37 (IST)

European markets kicked the week off with gains after Moody's kept Italy's sovereign rating stable instead of cutting it to negative.That helped calm investor anxiety as it was seen reducing t...

Wall Street Points to Higher Open

Monday,   22-Oct-2018   03:33 (IST)

U.S. stocks were set to open slightly higher, as investors turned their focus to the latest batch of corporate earnings.The blue-chip Dow futures were up 50 points, or about 0.2%, the S&P 500 futu...

Gold inches higher as Asian stocks slip

Monday,   22-Oct-2018   10:42 (IST)

Gold prices edged higher early Monday, moving closer to a 2-1/2-month peak hit last week, as Asian shares fell amid rising political tensions and worries over slowing global economic growth.Spot gold ...

Oil edges up on looming Iran sanctions, but U.S.-China trade war caps gains

Monday,   22-Oct-2018   09:11 (IST)

Oil prices edged up on Monday, as markets were expected to tighten once U.S. sanctions against Iran's crude exports are implemented next month. Front-month Brent crude oil futures were trading at ...

U.S. crude heads for sharp weekly decline ahead of data on U.S. oil rigs

Friday,   19-Oct-2018   03:51 (IST)

Oil prices traded slightly higher on Friday, but U.S. crude was still on track for a sharp weekly decline of 3.2% amid supply concerns.U.S. crude oil futures gained 0.60% to $69.06, while Brent oil tr...

U.S. futures signal rebound after sharp sell-off

Friday,   19-Oct-2018   03:47 (IST)

After the prior session’s sharp sell-off sparked by weak industrial earnings and continued concerns over the outcome of investigations into missing Saudi journalist Jamal Khashoggi, U.S. futures...

Gold edges higher as Asian shares slip

Friday,   19-Oct-2018   09:29 (IST)

Gold prices nudged higher early Friday as Asian shares fell on renewed political and economic concerns, with the metal on track for its third straight weekly rise.Spot gold was up 0.2 per cent at $1,2...

Oil prices edge up, but set for weekly loss on stock build, trade row

Friday,   19-Oct-2018   09:21 (IST)

Oil prices nudged higher on Friday but were set for a second weekly drop amid higher U.S. crude inventories, an ongoing Sino-U.S. trade war and concerns over the death of a prominent Saudi journalist....

U.S. Futures Point to Modest Pullback

Wednesday,   17-Oct-2018   03:48 (IST)

U.S. stock index futures indicated a slightly lower open, taking a breather from the strong performance on Tuesday, when each of the major indices rose more than 2%.The blue-chip Dow futures were down...