Saturday 27 December 2014
 
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Weak dollar

Brent little changed above $107

Brent futures were little changed above $107 a barrel on Monday as concerns surrounding demand growth were countered by a weak dollar and fears about supply disruptions. Investors have been rattled by a slowdown in China, and are

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Gold heading for third weekly gain

Gold edged higher on Friday, staying on track for its third straight weekly gain, helped by a weaker dollar and hopes of a prolonged period of easy monetary policy. Bullion has gained nearly 10 percent in three weeks – its b

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Brent heads towards $125 on US stocks, dollar

Brent crude edged towards $125 a barrel on Wednesday, rebounding from sharp losses a day earlier, as lower-than-expected US crude stocks and a weaker dollar offset the prospect of top exporter Saudi Arabia ramping up supply. Industry data

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Brent above $111, on weak supply, dollar fall

Brent crude pushed beyond $111 on Wednesday, helped by tight supply and a weak dollar, shrugging off demand forecast cuts from the IEA and Opec. Brent crude for November was up 31 cents at $111.04 by 0903 GMT. US crude on the New York Merc

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Weak dollar ‘not a concern for Gulf economies’

The weak US dollar is not a concern for Gulf economies, the Opec country's finance minister said on Saturday. The dollar's slide has caused concern among oil producers as it pushes down the value of their dollar-denominated oil revenues wh

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Oil up towards $76 on dollar easing

Oil prices rebounded toward $76 a barrel on Monday, after shedding nearly $1 in the previous session, as positive US jobs data buoyed hopes that energy demand in the world's largest fuel consumer would soon improve. The dollar edged lower

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Oil back at $77 on weaker dollar, eyes Dubai

Oil prices rebounded toward $77 a barrel on Monday, aided by a weaker US dollar, but investors continued to eye developments in debt-laden Dubai with caution over their impact on the pace of the global economic recovery. Concerns about a s

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Shares skid on Dubai debt worries, yen surges

Asia stocks slumped on Friday as shockwaves from Dubai's debt crisis hit the region, shaking banking shares and boosting the yen to a fresh 14-year high against a struggling dollar as investors unwound risky trades. European shares were ex

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Oil above $77 on weak dollar

Oil was steady above $77 a barrel on Thursday in holiday-thinned trade, after rising 2 per cent the previous day, buoyed by the dollar's sharp fall and a lower-than-expected build in US crude inventories. The US dollar slumped to a more th

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Oil sets 2009 high on weak dollar, economy

Oil surged for a fifth day on Wednesday to a 2009 high above $75 a barrel, boosted by a weak dollar and optimism about a global economic rebound that will lead to higher energy demand. The weak dollar, which fell to its lowest in more than

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