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WTI Plunges To $50 Handle After Crude Stocks Hit 2-Year Highs

Update: It appears the unexpected surge in crude inventories (glut) is trumping any claims from OPEC (or more specifically the Saudis) that supply can be tamped down to match lower demand concerns. WTI has plunged back to last week's l.....»»

Category: blogSource: zerohedgeJun 12th, 2019

Oil near 3-1/2 year highs as Saudi backs higher prices, U.S. stocks draw

SINGAPORE (Reuters) - Oil prices rose on Thursday to their highest in over three years as U.S. crude inventories declined and as top exporter Saudi Arabia pushes for higher prices by continuing to withhold supplies......»»

Category: topSource: reutersApr 19th, 2018

Oil soars as Trump dumps Iran nuclear deal, dollar dips

LONDON (Reuters) - Crude oil prices hit 3-1/2-year highs on Wednesday after President Donald Trump pulled the United States out of an international nuclear deal with Iran, while the dollar touched a new high for the year and world stocks held steady......»»

Category: topSource: reutersMay 9th, 2018

Oil prices soar after Trump dumps Iran nuclear deal

Crude oil prices hit 3-1/2-year highs on Wednesday after President Donald Trump pulled the United States out of an international nuclear deal with Iran, while the dollar touched a new high for the year and world stocks held steady......»»

Category: topSource: moneycentralMay 9th, 2018

Oil prices soar after Trump dumps Iran nuclear deal

Crude oil prices hit 3-1/2-year highs on Wednesday after President Donald Trump pulled the United States out of an international nuclear deal with Iran, while the dollar touched a new high for the year and world stocks held steady......»»

Category: topSource: moneycentralMay 9th, 2018

Asia stocks step back on tepid Wall Street, oil elevated

TOKYO (Reuters) - Asia stocks pulled back on Tuesday, after an uninspiring performance on Wall Street eclipsed support from U.S.-China trade optimism, while supply concerns kept crude oil prices near 3-1/2-year highs......»»

Category: topSource: reutersMay 14th, 2018

Stocks pressured as U.S.-China trade fight revives growth fears; oil elevated

Asia stocks struggled on Tuesday as the latest round of U.S.-China tariffs revived fears the trade dispute would knock global growth, while crude oil was elevated near four-year highs after Saudi Arabia and Russia ruled out immediate production increases......»»

Category: topSource: reutersSep 24th, 2018

Oil falls as Saudi and Russia quietly agree output rise, U.S. stocks swell

Oil prices on Thursday fell from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output......»»

Category: topSource: reutersOct 4th, 2018

Oil dips as Saudi and Russia quietly agree output rise, U.S. stocks swell

Oil prices on Thursday dipped from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output......»»

Category: topSource: reutersOct 4th, 2018

Oil slips as Saudi and Russia quietly agree output rise, US stocks swell

Oil prices on Thursday slipped from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output......»»

Category: topSource: reutersOct 4th, 2018

US crude plunges 6 percent to 1-year low as stocks tank

Oil prices dropped sharply Tuesday, snapping a four-day winning streak amid concerns about rising global supplies as OPEC weighs a possible cut in production......»»

Category: topSource: moneycentralNov 20th, 2018

US crude plunges 6 percent to 1-year low as stocks tank

Oil prices dropped sharply Tuesday, snapping a four-day winning streak amid concerns about rising global supplies as OPEC weighs a possible cut in production......»»

Category: topSource: moneycentralNov 20th, 2018

Chip stocks rally to near record highs as investors bet on 5G

Semiconductor companies, especially those that sell heavily to China, have faced major headwinds this year. But investors are betting on a big payoff in 2020......»»

Category: topSource: moneycentralSep 18th, 2019

Oil soars, stocks dip after Saudi supply shock

Oil prices hit four-month highs on Monday after attacks on crude facilities in Saudi Arabia fueled worries over the impact of an oil shock on economic growth, halting a positive run in world stocks and bolstering demand for safe-haven assets......»»

Category: topSource: reutersSep 16th, 2019

Oil soars after Saudi supply shock, stocks slide

Oil prices climbed to four-month highs on Monday and world stocks slid after weekend attacks on crude facilities in Saudi Arabia shut about 5% of the world's supply and fueled worries over the impact of an oil shock on economic growth......»»

Category: topSource: reutersSep 16th, 2019

Metals Stocks: Gold hovers near $1,500 after pulling back from 6-year high

Gold futures edge higher, hovering near the $1,500-an-ounce level after pulling back this week from more-than-six-year highs as haven demand dried up on an easing of near-term U.S.-China trade worries and a revival in appetite for stocks......»»

Category: topSource: marketwatchSep 11th, 2019

Metals Stocks: Gold consolidates after notching more-than-6-year high

Gold trades near unchanged, consolidating after hitting the latest in a string of more-than-six year highs earlier this week......»»

Category: topSource: marketwatchAug 29th, 2019

Metals Stocks: Gold settles lower, but notches third straight weekly gain

Gold settles lower on Friday, distancing itself from the latest in a string of more-than-six year highs, but the metal’s investment haven appeal contributed to a third weekly climb in a row......»»

Category: topSource: marketwatchAug 16th, 2019

Metals Stocks: Gold falls from a more-than-6-year high, but aims for a third weekly rise in a row

Gold pulls back on Friday from the latest in a string of more-than-six year highs, but remains on track for a third weekly climb in a row......»»

Category: topSource: marketwatchAug 16th, 2019

Stocks That Hit 52-Week Highs On Friday

On Friday morning, 73 companies achieved new highs for the year. read more.....»»

Category: blogSource: benzingaAug 16th, 2019

Metals Stocks: Gold pulls back from more-than-6-year high

Gold pulls back from the latest in a string of more-than-six year highs, but remains on track for a weekly gain......»»

Category: topSource: marketwatchAug 16th, 2019