GO
Loading...

Enter multiple symbols separated by commas

Search results for "PVM"

REFINE RESULTS

SEARCH RESULTS

About 20 results. Sort By: Date | Relevance
UPDATE 12-Oil soars over 10 pct, biggest gain in six years as shorts scramble

NEW YORK, Aug 27- Oil rocketed more than 10 percent higher on Thursday, posting its biggest one-day rally in over six years as recovering equity markets and news of diminished crude supplies set off a short-covering scramble by bearish traders. The rally was aided by news of a force majeure on Nigerian oil exports declared by Shell and private data indicating...
Source: Reuters | By: Barani Krishnan and Jonathan Leff
Oil surges 10.3%, logs best day since March 2009

Oil rocketed higher Thursday in one of the biggest one-day rallies in years as news of diminished crude supplies set off a short-covering surge.
Source: Reuters
UPDATE 10-Oil soars over 8 pct as deep shorts scramble for cover

NEW YORK, Aug 27- Oil rocketed more than 8 percent higher on Thursday, posting its biggest one-day rally in years, as recovering equity markets and news of diminished crude supplies set off a short-covering surge by bearish traders. The rally was aided by news of a force majeure on Nigerian oil exports declared by Shell and private data indicating more drawdowns...
Source: Reuters | By: Barani Krishnan
UPDATE 7-Oil prices rise more than 4.5 percent as equities rally

*Global stock markets rise as China shares recover. *Outlook uncertain on supply glut and China fears. *Standard Chartered slashes crude price forecasts.
Source: Reuters | By: Lisa Barrington
UPDATE 5-Oil prices rise more than 4 pct as equities rally

*Global stock markets rise on Asia, Wall Street rally. *Standard Chartered cuts crude price forecasts sharply. However, do not be wrong footed by a correction higher, " PVM Oil Associates technical analyst Robin Bieber said.
Source: Reuters | By: Lisa Barrington
UPDATE 4-Oil prices rise more than $1 as equities rally

*Global stock markets rise on Asia, Wall Street rally. LONDON, Aug 27- Oil prices rose more than $1 a barrel on Thursday after a rally in equity markets and an unexpected fall in U.S. crude inventories, but worries over the health of the Chinese economy and a global oil glut kept the outlook uncertain. Front-month Brent, the global oil benchmark, was up $1.50 at $44.64 a...
Source: Reuters | By: Lisa Barrington
US oil settles down 71 cents, or 1.81%, at $38.60 a barrel

Oil futures ended lower after government data showed U.S. crude stocks fell, while gasoline and distillate inventories rose.
Source: Reuters
UPDATE 9-Oil falls towards 6-1/2-year lows on gasoline build

*Supply glut and China' hard landing' fears weigh. "Plummeting gasoline seems to be a drag on crude oil prices," said Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt, Germany. U.S. crude oil was down 20 cents at $39.11 a barrel by 1455 GMT.
Source: Reuters | By: Lisa Barrington
UPDATE 6-Oil catches breath near 6-1/2-year lows after falls

*Supply glut and China' hard landing' fears weigh. LONDON, Aug 26- Oil stabilised on Wednesday after China's central bank moved to support the country's economy, but prices stayed near 6-1/ 2- year lows as a heavy supply glut kept the market outlook bearish. Brent was unchanged at $43.21 a barrel by 0925 GMT, and U.S. crude was up 5 cents at $39.36 a barrel.
Source: Reuters | By: Lisa Barrington
UPDATE 10-Oil ends down more than 2 pct as U.S. drilling points to glut

*China's weak factory activity triggers stock selloff. NEW YORK, Aug 21- U.S. oil prices traded below $40 a barrel for the first time since the 2009 financial crisis on Friday, ending 2 percent lower on signs of U.S. oversupply and weak Chinese manufacturing and notching the longest weekly losing streak in almost three decades. "Everyone is still looking at it saying'...
Source: Reuters