Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 22 results for "Brent crude"

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 MAY 2011
... the market drooped, oil company shares surged after US banks Goldman Sachs and Morgan Stanley forecast the price for Brent crude, London's benchmark, would hit $US130 a barrel in 2012, compared to Tuesday's closing price of $US112.53. The market brushed ...

May day mayday

BENJAMIN ONG  |  THURSDAY, 12 MAY 2011
... That wouldn't fit in the story. The oil slide that took US equities down. WTI oil dropped below US$100 per barrel and Brent crude below US$114. The reason? The US Energy Information Administration reported that gasoline stockpiles jumped by 1.3 million ...

Funds price ratings downgrades

ALISON BEVEGE  |  FRIDAY, 1 APR 2011
... problem for Qantas and the other airlines is the Middle East skirmishes," he said. "The outbreaks of violence have seen Brent crude flare up quite sharply. "Qantas hedges against Brent crude... but they can't hedge against jet kerosene. Singapore jet ...

Rising oil prices add to sovereign risk

ALISON BEVEGE  |  TUESDAY, 22 MAR 2011
... rocked Moamar Gaddafi's Tripoli compound this morning. As explosions and anti-aircraft fire rocked the Libyan capital, brent crude prices rose to US$114.86 per barrel. Sustained high oil prices potentially affect the holdings of Australian super funds. ...

Market Wrap - Midday

AAP  |  FRIDAY, 18 MAR 2011
... the market is always somewhat nervous about." Fears of a possible disruption to oil supplies in the Suez Canal saw Brent crude for May climbing to an intraday high of $US116.50, up $US1.60, Reuters reported. Mr Solar said the market was clearly worried ...

Queen Qaddafi

BENJAMIN ONG  |  MONDAY, 28 FEB 2011
... a week ago? Ah... but here's the rub, there are two benchmarks for oil prices - West Texas Intermediate (WTI) and Brent Crude (BREN). WTI has not even closed at US$100 - ending last Friday's trade at US$95.98 a barrel, down from the previous day's US$96.35. ...

Drunk futures broker banned

FSA RELEASE  |  THURSDAY, 1 JUL 2010
... the grounds that he is not a fit and proper person. Perkins previously traded orders on an execution only basis in Brent Crude Futures contracts on the ICE Futures Europe exchange on behalf of clients. While his employer did no proprietary trading, Perkins ...

JPMorgan buys DME stake

MICHAEL HOBBS  |  MONDAY, 20 OCT 2008
... contract and is often viewed as the benchmark for pricing the regions sour crude oil. The exchange also launched the DME Brent Crude Oil Financial Contract and the DME Oman Crude Oil Financial Contract.

Market wrap

AAP  |  FRIDAY, 14 MAR 2008
... per cent, at a record $US110.33 a barrel, trading from $US109.08 to $US111, a new intraday high. In London, April Brent crude settled up $US1.27, or 1.2 per cent, at a record $US107.54 a barrel. NYMEX April heating oil settled at a record $US3.1248 a ...

Market wrap - morning

AAP  |  WEDNESDAY, 17 OCT 2007
... and prices have jumped $9.85, or 12.6 per cent, since the October 6 low of $78.35. In London, the expiring November Brent crude last traded up $1.44, or 1.7 per cent, at $84.19 a barrel, trading $82.84 to $84.49, which was also a record. Earlier, OPEC ...