Iraq Point - Oil Futures News

Oil Futures News

Toronto stock market set for gain following batch of upbeat Q2 earnings Thursday, July 29, 2010 @ 7:43AMTORONTO - The Toronto stock market is poised to open higher following a batch of upbeat earnings from key resource companies.
Exxon Mobil Second-Quarter Profit Climbs After Oil Prices Rise Thursday, July 29, 2010 @ 7:36AMExxon Mobil Corp., the largest U.S. oil company, said second-quarter profit rose as recovering economies around the world spurred gains in energy prices.
Stock futures up on Europe data ahead of jobless claims Thursday, July 29, 2010 @ 7:32AMStock index futures rose on Thursday following two days of declines for the S&P 500 after upbeat European economic data and ahead of an expected drop in U.S. jobless claims
Oil dips under $77 a barrel as U.S. supply builds Thursday, July 29, 2010 @ 7:28AMNEW YORK (MarketWatch) -- Oil futures on Thursday fell for a third day, dipping under $77 a barrel, after U.S. inventory data illustrated a large buildup in stocks of crude last week. The crude-oil contract for September delivery was off 39 cents at $76.60 a barrel in electronic trade on the New York Mercantile Exchange. Market Pulse Stories are Rapid-fire, short news bursts on stocks and ...
US STOCKS-Futures up on Europe data, jobless claims on tap Thursday, July 29, 2010 @ 7:24AMUS STOCKS-Futures up on Europe data, jobless claims on tap
BSE 17992.00 +34.63 Thursday, July 29, 2010 @ 7:09AMPalmolein prices rose by Rs 20 per quintal in the wholesale oils and oilseeds market of the national capital today in tandem with a firming global trend.
Stock futures up on Europe data ahead of jobless claims Thursday, July 29, 2010 @ 7:01AMBy Rodrigo Campos
Chalco to Pay $1.35 Billion to Join Rio in Guinea Iron Ore Mine Thursday, July 29, 2010 @ 7:00AMAluminum Corp. of China Ltd., the nation’s biggest producer of the metal, agreed to pay $1.35 billion for a stake in Rio Tinto Group’s Simandou iron ore project in Guinea, making its first investment in the commodity.
European Markets Advance Amid Upbeat Earnings, Economic Data Thursday, July 29, 2010 @ 6:58AMAfter briefly pausing in the previous session, the European markets are moving higher in mid-morning deals Thursday, amid another batch of encouraging corporate earning numbers and economic data.
Oil hovers near $77 on US economy, crude demand Thursday, July 29, 2010 @ 6:58AMSINGAPORE — Oil prices hovered near $77 barrel Thursday in Asia amid signs of a slowing U.S. economy and weak demand for crude. Benchmark crude for September delivery was up 16 cents at $77.15 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange.
Asia shares retreat from highs dollar dips Wednesday, July 28, 2010 @ 10:04PMAsian stocks edged down from a three-month high and the dollar eased towards three-month lows on Thursday hit by soft U.S. data that underlined the patchy nature of the U.S. economic recovery.
RPT-GLOBAL MARKETS-Asia shares retreat from highs, dollar dips Wednesday, July 28, 2010 @ 10:02PM* Asian shares pull back from nearly 3-month high
Asian Stocks Drop, Yen Gains on Concern Pace of Growth May Slow Wednesday, July 28, 2010 @ 9:34PMAsian stocks fell for the first day in five and the yen gained on concern the pace the global recovery may slow. The New Zealand dollar slumped as the central bank said deteriorating prospects for growth will taper the pace of future interest-rate increases after it raised its benchmark.
Asian Stocks Drop, Yen Gains on Concern Pace of Economic Growth May Slow Wednesday, July 28, 2010 @ 9:14PMAsian stocks fell for the first day in five and the yen gained on concern the pace the global recovery may slow. The New Zealand dollar slumped as the central bank said deteriorating prospects for growth will slow the pace of future interest-rate increases after it raised its benchmark.
Chicago wheat futures hits 13 month high on Russian export worries Wednesday, July 28, 2010 @ 9:09PMChicago wheat surged to a 13-month high Wednesday on speculations that the severe and persistent drought held southern Russia in its grip may largely reduce its wheat exports and increase demand for U.S exports. Soybean and corn both rallied.
Asia DayAhead: Fallen Soldiers' Families Denied Cash Payout, Insurers Gain Wednesday, July 28, 2010 @ 4:24PMThe following are the top Asia stories for the day.
Oil hits week-long low as supplies rise Wednesday, July 28, 2010 @ 4:23PMOil tumbled to a one-week low after the government reported an unexpected increase in supplies as imports jumped to the highest level in almost four years.
Oil refining surges to 10-week high Wednesday, July 28, 2010 @ 4:03PMOil refining in Japan rose this month to a 10-week high as producers resumed operations after maintenance shutdowns. The nation's refiners were using more than 75 percent of capacity in the week that ended July 17, the highest rate since May 8, according to data from the Petroleum Association of Japan. That compares with this year's low of less than 62 percent in the week that ended June 19.
A gloomy round of economic reports halted the Dow's minor winning streak Wednesday, July 28, 2010 @ 3:46PMBulls stomped on the brakes today as a wave of disappointing data washed over Wall Street...( Read More )
Gold Seeker Closing Report: Gold and Silver End Mixed Wednesday, July 28, 2010 @ 3:29PMGold rose as much as $7.08 to $1165.93 in late Asian trade before it fell in London to as low as $1156.85 by about 10AM EST and then bounced back to $1165.15 in late morning New York trade, but it ultimately fell back off into the close and ended with a gain of just 0.11%. Silver rose to $17.73 in Asia and fell to $17.305 by about 9AM EST before it also bounced back higher in late morning New ...
Oil slips on recovery doubts Wednesday, July 28, 2010 @ 3:04PMOil prices fell a second straight day on Wednesday on a surprise crude oil inventory build and weak economic data.
Oil: Prices fall below $77 after surprise U.S. supply jump Wednesday, July 28, 2010 @ 12:00PMOil prices dropped below $77 a barrel on Wednesday after the government said U.S. crude supplies rose unexpectedly last week.
Canadian Markets: Canadian stocks, crude futures extend losses Wednesday, July 28, 2010 @ 11:56AMCanadian stocks fall as energy stocks trade mostly lower, weighed by a drop in crude-oil futures.
Oil falls below $77 after surprise US supply jump Wednesday, July 28, 2010 @ 11:37AMOil prices dropped below $77 a barrel on Wednesday after the government said U.S. crude supplies rose unexpectedly last week. Benchmark crude fell 80 cents to $76.70 a barrel on the New York Mercantile Exchange. The contract lost $1.48 to settle at $77.50 on... New York Mercantile Exchange - United States - Government - Business - Benchmark
Oil drops below $77 per barrel as crude supplies grow more than expected; natural gas climbs Wednesday, July 28, 2010 @ 11:29AMNEW YORK - Oil prices dropped below $77 a barrel on Wednesday after the government said U.S. crude supplies rose unexpectedly last week. Benchmark crude fell 80 cents to $76.70 a barrel on the New York Mercantile Exchange. The contract lost $1.48 to settle at $77.50 on Tuesday.
Canadian Currency Fluctuates as Drop in Crude Oil Price Tempers Fund Flows Wednesday, July 28, 2010 @ 11:27AMCanada’s dollar erased a gain against its U.S. counterpart after a drop in crude oil prices increased speculation demand will wane for currencies of nations that are dependent on commodities for growth.
Gold steadies around $US1,160 Wednesday, July 28, 2010 @ 11:20AMPreciosu metal lifts as demand resurfaces. 29 Jul 2010 2:10 AM
The Comeback In Airlines And Aerospace Wednesday, July 28, 2010 @ 11:19AMIn an economic setting less than perfect, but still expansive, airlines are a leveraged earnings play.
CPO futures rise on La Nina concerns Wednesday, July 28, 2010 @ 11:08AMCPO FUTURES CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed higher yesterday on concerns that a rising La Nina weather will affect production, dealers said. The dry weather experienced in the last few months can induce heavier rains or a La Nina weather pattern in palm oil-producing Southeast Asia, said a dealer. CPO prices will be supported by the rainy weather and ...
Oil hovers above $77 after surprise U.S. supply jump Wednesday, July 28, 2010 @ 10:49AMOil prices hovered above $77 a barrel Wednesday in Asia after a report showed U.S. crude supplies unexpectedly rose last week, suggesting demand remains weak.
Linn Group Morning Soybean Comment Wednesday, July 28, 2010 @ 10:34AMCHICAGO - Jul 28/10 - SNS -- Following is the morning soybean futures comment from the futures commission brokerage firm Linn Group. Soybeans closed slightly higher on Friday after a day with a tight trading range. The Nov contract settled at 981 ½ up 2 cents on the day.
Refined palmolein firms up on rising demand Wednesday, July 28, 2010 @ 8:08AMRefined palmolein firmed up in an otherwise lacklustre oils and oilseeds market here today due to rising consumer demand coupled with better stockists offtake. Castorseed futures also rose on sustained export enquiries.
Stocks On Pace For Modest Decline At The Open - U.S. Commentary Wednesday, July 28, 2010 @ 8:07AMStock futures are posting to a modest slide at the open on Wednesday, as the markets are digesting some disappointment on the earnings front and a decline in durable goods orders while awaiting the Federal Reserve's Beige Book report. The major index futures are all in negative territory, with the Dow futures down by 20 points.
Before the Bell: Boeing, Sprint Nextel, durable goods in focus Wednesday, July 28, 2010 @ 7:55AMU.S. stock market futures moved modestly lower Wednesday following a sharp decline in durable goods orders, with earnings from Boeing Co., Sprint Nextel and others in focus. See Indications.
Pivotfarm Daily News Harvest 28th July 2010 Wednesday, July 28, 2010 @ 7:53AM Markets in a Flash · Asian equity markets closed up across the board overnight posting strong gains. The Nikkei 225 was up + 2.70%, while the Shanghai Index was up +2.26%. · European equity markets started the day positive but at the European lunchtime the markets had fallen into negative territory. The FTSE 100 was down more than -0.25%. · Commodities seem to be ...
A.M. Kitco Metals Roundup: Comex Gold Sees Corrective Bounce Following Tuesday's Losses Wednesday, July 28, 2010 @ 7:44AM28 July 2010, 8:28 a.m. By Jim Wyckoff Of Kitco News www.kitco.com Comex gold futures are trading modestly higher Wednesday morning, on a corrective upside bounce following solid selling pressure on Tuesday, and on some bargain-hunting physical buying and speculative buying in futures that has emerged at the lower price levels.
Futures Movers: Crude-oil futures dip with inventory data ahead Wednesday, July 28, 2010 @ 7:41AMNEW YORK (MarketWatch) -- Oil prices edged lower Wednesday after data showed U.S. crude supplies climbed last week, with the surprise rise indicating weak demand.
Toronto market poised to open lower following disappointing U.S. economic data Wednesday, July 28, 2010 @ 7:36AMTORONTO - The Toronto stock market was poised to open lower Wednesday after more worrisome economic data out of the U.S. put downward pressure on
US futures flat on busy earnings day Wednesday, July 28, 2010 @ 7:34AMBoeing profit better than expected; June durables data expected. 28 Jul 2010 10:21 PM
Most European Stocks Fall, U.S. Futures Fluctuate; Copper Gains Wednesday, July 28, 2010 @ 7:31AMMost stocks in Europe declined on concern the economic recovery may be flagging, while U.S. index futures swung between gains and losses. Copper advanced on speculation American durable-goods orders improved.
ICE Clear Europe Marks the One-Year Anniversary of European CDS Clearing; Euro 3 Trillion in Gross Notional Value ... Wednesday, July 28, 2010 @ 7:30AMIntercontinentalExchange , a leading operator of regulated global futures exchanges, clearing houses and over-the-counter markets, marked the one-year anniversary of the launch of credit default swap clearing by ICE Clear Europe, ICE's London-based derivatives clearing house.
Stocks lower at noon Tuesday, July 27, 2010 @ 9:35PMAustralian shares were marginally lower at noon, as stronger financial stocks helped offset a weaker resources sector.
Stock futures little changed to open week Tuesday, July 27, 2010 @ 7:50PMStock futures traded in a narrow range Monday as investors put a recent rally on pause and European markets reacted coolly to tests measuring the health of the continent's banking system.
Oil hover near $79 as stocks extend rally Tuesday, July 27, 2010 @ 7:50PMOil prices hovered near $79 a barrel Monday in Asia as regional stock markets extended a rally from last week amid improving investor optimism.
Japanese, Australian Stock Futures Advance on Earnings Reports, Weaker Yen Tuesday, July 27, 2010 @ 7:14PMJapanese stock futures rose as companies from Canon Inc. to Fanuc Ltd. reported higher profits and the yen weakened. Australian futures also climbed.
Oil prices tumble on waning US consumer confidence Tuesday, July 27, 2010 @ 7:08PMNEW YORK—Oil prices tumbled Tuesday as sentiment was dampened by deteriorating consumer confidence in the United States, a key energy consuming nation.
Refining Hits 10-Week High at Japan Oil Plants: Energy Markets Tuesday, July 27, 2010 @ 6:49PMOil refining in Japan, the world’s third-largest consumer of crude, rose to a 10-week high as producers resume operations after maintenance shutdowns.
2. Oil prices fall on US economy worries Tuesday, July 27, 2010 @ 6:37PMNEW YORK: Oil prices dropped on Tuesday following disappointing reports on U.S. consumer confidence and manufacturing.
Oil Falls a Second Day After U.S. Supplies Gain, Consumer Confidence Drops Tuesday, July 27, 2010 @ 6:25PMOil fell for a second day in New York after an industry report showed U.S. crude inventories rose and the Conference Board said confidence among the nation’s consumers fell, signaling growth and energy demand may falter.
Corn, Soybean, Wheat Futures May Rise in Chicago on Adverse Global Weather Tuesday, July 27, 2010 @ 9:27AMWhat follows are opening calls for U.S. grain and oilseed markets.