Trade with SpeedTrader for $.39/100 shares. Powerful online trading platform. Free demo and unlimited shares!Oil traded near a four-day high in New York on speculation that the U.S. Federal Reserve may take more steps to stimulate the economy and on OPEC’s call for members to cut production in excess of targets. Futures were little...
The price of oil edged up to above $84 a barrel Friday on hopes that central banks stand ready to support global financial markets in case of turmoil following Greece’s elections. By early afternoon in Europe, benchmark oil for July delivery was up 36 cents to $84.27 a barrel in electronic trading on the...
A unit of Bank of China , one of China’s big-four state-owned banks, has started an oil products trading desk in Singapore, industry sources said on Thursday. The team of three traders hired by the Bank of China International Holdings (BOCI) will be focused primarily on building customer flow business for fuel oil and...
By Gene Ramos NEW YORK (Reuters) – Oil futures rose on Thursday after the Organization of the Petroleum Exporting Countries agreed to keep its collective oil output ceiling unchanged for the second half of the year at 30 million barrels per day. The move implies a supply cut of 1.6 million bpd, OPEC Secretary-General...
Global shares edge up as central banks stand ready to actReuters Asian shares edged up on Friday, and the euro held most of the previous session’s gains, as nervous investors took …
Global shares edge up as central banks stand ready to actReuters Asian shares edged up on Friday, and the euro held most of the previous session’s gains, as nervous investors took …
The price of oil slipped closer to $83 a barrel Wednesday amid speculation OPEC will leave its production quotas unchanged at this week’s meeting to avoid hurting an already fragile global economy. By early afternoon in Europe, benchmark oil for July delivery was down 20 cents to $83.12 per barrel in electronic trading on...