Asia demand, hedging boosts trading in forward U.S. oil contracts Asia demand, hedging boosts trading in forward U.S. oil contracts:- Trading volumes and open interest in U.S. crude futures soared in 2016, particularly among buyers out of Asia and shale companies locking in output, both of whom have shown an […]
oil
U.S. oil holds near 7-week high, OPEC upbeat on output curbs U.S. oil holds near 7-week high, OPEC upbeat on output curbs:- Oil prices held near multi-week highs on Wednesday after OPEC signalled optimism over its deal with other producers to curb output to clear a glut that has weighed on markets since […]
Dakota pipeline protesters dig in as Trump nears Oval Office Actions continued as the week drew to a close. Protesters blocked Highway 6 northwest of the camp Friday and locked arms at the entrance to a Dakota Access staging area just west of Mandan on Saturday. Organizers have been planning […]
Texas oil company announces big offshore Alaska discovery Texas oil company announces big offshore Alaska discovery : A Texas petroleum drilling company announced Tuesday it has made a large-scale oil discovery off Alaska’s North Slope. Dallas-based Caelus Energy Alaska LLC announced a find of 6 billion barrels of light oil […]
German Bonds Fall First Time in 4 Days After OPEC Oil Output Cut German Bonds Fall First Time in 4 Days After OPEC Oil Output Cut : German 10-year bonds declined for the first time in four days amid speculation that OPEC’s decision to cut crude production will help policy […]
