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2011 2012 2013 2014 2015 2016

Oil Prices Jump Oil Prices Jump

1st December 2016
On Wednesday, the Organization of the Petroleum Exporting Countries agreed its first oil output cut since 2008 after the Kingdom of Saudi Arabia accepted "a big hit" on its oil production and dropped its demand on arch-foe Iran to decrease output.

All Eyes Turn to OPEC’s Meeting All Eyes Turn to OPEC’s Meeting

30th November 2016
On Tuesday, Oil prices fell as much as 3% on signs leading oil exporters in the Organization of the Petroleum Exporting Countries were struggling to agree on a deal to curb output. 

Markets Await Key Data Markets Await Key Data

29th November 2016
On Monday, the Greenback extended its losses, moving away from its highest levels since 2003 as U.S. Treasury yields eased from recent highs. 

U.S. Dollar Falls Slightly U.S. Dollar Falls Slightly

28th November 2016
On Friday, the U.S. dollar declined against a basket of major currencies as traders took advantage of a pullback in U.S. bond yields.

Greenback hits Fresh 14-Year Highs Greenback hits Fresh 14-Year Highs

25th November 2016
On Thursday, Euro dropped sharply to hit fresh yearly lows at 1.0550, the lowest level since March 2015. The market turnover was affected by Thanksgiving, while USD continued to rise after a new set of strong economic data in the United States on Wednesday.

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