An employee wearing a face mask refuels a vehicle at a gas station of Sinopec (China Petroleum and Chemical Corporation) on July 10, 2020 in Xinle, Hebei Province of China. Jia Minjie | Visual China Group | Getty Images Oil prices surged more than 45% in the first six months of 2021, rallying toward $80 a barrel for the first …
SINGAPORE — Asia-Pacific stocks were mixed in Friday trade as investors look ahead to a closely-watched U.S. jobs report set to be released later. Mainland Chinese stocks were among the biggest losers regionally as the Shanghai composite fell around 1.6% while the Shenzhen component dropped 1.845%. Hong Kong’s Hang Seng index declined 1.77%. Elsewhere, the Nikkei 225 in Japan nudged …
An oil pumping jack, also known as a “nodding donkey”, in an oilfield near Dyurtyuli, in the Republic of Bashkortostan, Russia, on Thursday, Nov. 19, 2020. Andrey Rudakov | Bloomberg | Getty Images LONDON — A group of some of the world’s most powerful oil producers will meet on Thursday to decide the next phase of their production policy. OPEC …
A man fills his car with petrol at a Esso petrol and refueling station in London, U.K., on Thursday, June 17, 2021. Hollie Adams | Bloomberg | Getty Images Analysts on Wall Street believe oil prices are on track to climb significantly beyond $80 a barrel in the coming months, potentially even surpassing triple digits as soon as next summer. …
SINGAPORE — Stocks in Asia-Pacific were mixed in Monday morning trade. Meanwhile, official data showed that China’s industrial profits for May slowed. The Nikkei 225 in Japan slipped 0.15% in early trade while the Topix index gained 0.16%. South Korea’s Kospi also dipped 0.12%. Australia stocks were little changed, as the S&P/ASX 200 traded around the flatline. MSCI’s broadest index …
SINGAPORE — Shares in Asia-Pacific rose in Tuesday morning commerce, with shares in Japan main positive aspects among the many area’s main markets. In Japan, the Nikkei 225 jumped 2.33% in morning commerce, partially recovering from its greater than 3% tumble on Monday. The Topix index gained 2.53%. Mainland Chinese language shares edged larger because the Shanghai composite gained about …
SINGAPORE — Shares in Asia-Pacific dropped in Monday commerce, as Japan’s markets plummeted. In the meantime, China stored its benchmark lending price unchanged. Japanese shares led losses regionally, with the Nikkei 225 falling 4% in Monday commerce. It later pared a few of these losses however was nonetheless buying and selling 3.43% decrease within the afternoon. The Topix index shed …
SINGAPORE — Shares in Asia-Pacific have been largely greater in Friday morning commerce as traders monitored strikes within the commodities house. In Japan, the Nikkei 225 gained 0.26% whereas the Topix index slipped 0.24%. South Korea’s Kospi traded fractionally greater. Mainland Chinese language shares have been combined in morning commerce, with the Shanghai composite fractionally decrease whereas the Shenzhen part …
SINGAPORE — Shares in Asia-Pacific had been blended in Thursday morning, as traders watched for market response after the U.S. Federal Reserve on Wednesday moved up its timeline for charge hikes. In Japan, the Nikkei 225 fell 1.18% in afternoon commerce whereas the Topix index dipped 0.75%. South Korea’s Kospi declined 0.38%. Mainland Chinese language shares had been greater by …
Oil costs rose on Tuesday, establishing a difficult scenario for the pinnacle of the Federal Reserve earlier than Wednesday’s assembly, CNBC’s Jim Cramer mentioned. “The surging value of crude … makes life tough for Fed Chief Jay Powell,” Cramer mentioned on “Mad Cash.” “At the same time as many different commodities have truly now fallen, and a few falling precipitously …
