Interest Rate
Interest Rate news and technical articles from Oil & Gas Journal. Search Interest Rate latest and archived news and articles
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MARKET WATCH: Fed cuts rates; energy prices rebound
… after the Federal Reserve Bank again cut its short-term interest rates , this time by three-quarters of a percentage point to ..... enough to stimulate those wanting to hedge investments. Interest rate reductions usually reduce the value of US currency and encourage …
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MARKET WATCH: Low interest rates buoy oil prices
… rising with the front-month contract up 1% in the New York market after Federal Reserve Chairman Ben Bernanke indicated US interest rates will remain low to support a still-weak labor market. Standard & Poor’s 500 Index climbed 1.4%, erasing all of …
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MARKET WATCH: Crude oil price slips lower as China raises interest rate
… slipping lower in the New York market after the People's Republic of China announced another increase in the yuan benchmark interest rate as of July 7 ahead of the official June consumer price index (CPI) data release on July 15. “The broader markets ended …
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Oil posted modest gains Dec. 11 with front-month crude closing marginally higher in an afternoon rally despite weakness in early trading, ending a 5-session losing streak in the New York market
… sustain its aggressive drive to keep long-term interest rates low. At the close of their final policy meeting ..... officials said they plan to keep a key short-term interest rate near zero until US unemployment drops below 6 …
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Oil prices roiled by data
… third round of quantitative easing (QE3) designed to keep interest rates at record lows through mid-2015. For nearly 4 years ..... used similar programs to hold its benchmark short-term interest rate near zero while it bought more than $2 trillion in Treasurys …
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MARKET WATCH: Oil prices climb despite bearish inventory report
… action. However, China unexpectedly cut its benchmark interest rates by 25 basis points, which spurred another rally in oil ..... early trading. The European Central Bank kept its benchmark interest rate unchanged yesterday but reiterated it stands ready to act …
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MARKET WATCH: Fading economy brings down oil prices
… president of] the European Central Bank, saying that interest rates would not change in the near term. What did we have this ..... current president of] the ECB not providing a hint of interest rate change in the near term. The $10/bbl move of a year …
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Fitch: Credit-quality outlook mostly stable
… monetary and fiscal stimulus policies are expected to tighten. Interest rate policies are expected to remain "accommodative" in 2010 ..... attempts to rein in liquidity beginning in 2011 when global interest rates are projected to rise to 1.01%. Inflation is likely …
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MARKET WATCH: Crude ends 3-day losing streak
… rise of this magnitude and the figure certainly makes an interest rate rise before the middle of the year more likely, evidenced ..... might follow suit. If the US Federal Reserve were to raise interest rates then not only would the ensuing stronger dollar help weaken …
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MARKET WATCH: Energy prices gain in unsettled market
… measures, including a reserve ratio increase or a benchmark interest rate rise.” He concluded China’s monetary policies have a “limited ..... oil prices. China is “likely” to further increase interest rates in June, said Jakob Olivier at Petromatrix, Zug, Switzerland …
