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Asian And European Stocks Mostly Higher Ahead Of Central Bank Meetings And Key U.S. Earnings Reports
Tuesday, April 26, 2016 - 7:34am | 329Asian stocks were mostly higher on Tuesday as investors and traders anxiously await Thursday's Bank of Japan meeting in which the central bank may introduce negative lending rates. Investors and traders were bearish on Japanese stocks as the country's Nikkei index lost 0.49 percent. On...
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Oil Prices Fluctuate On Oversupply Worries
Thursday, March 31, 2016 - 9:15am | 266Oil prices were highly volatile on Thursday, as commodity investors and traders' focus turned to an upcoming meeting between OPEC and non-OPEC producing nations. According to the Wall Street Journal, a dozen countries have confirmed their attendance for an April 17 meeting to discuss an output...
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IEA: Oil Supply Glut To Widen In 2016
Tuesday, February 9, 2016 - 12:38pm | 165According to the International Energy Agency, the world is oversupplied with oil by around 1.5 million barrels per day and this glut is only expected to expand. The IEA estimated that in the near term the world will be oversupplied with 1.75 million barrels per day. The agency cited increased...