Edition:
India

Julia Simon

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

13 Aug 2017

Energy hedge funds look to spreads, margins as long bets flail

NEW YORK For the oil-trading community, the fall of hedge fund manager Andy Hall signaled a heavy blow, but while commodity funds continue to shutter their doors, some are finding other ways to make money, including trading refining margins and calendar spreads.

12 Aug 2017

Oil prices up amidst higher global demand, Nigeria instability

NEW YORK Oil prices rose slightly on Friday in volatile trading as the market weighed lower U.S. crude stocks, Nigerian instability and strong global demand growth against a persistently slow rebalancing.

11 Aug 2017

Oil slides on worries about global crude glut, Wall Street slump

NEW YORK Oil prices fell more than 1.5 percent on Thursday, as a bruising day on Wall Street bolstered fears of slowing demand amid lingering concerns over a global oversupply of crude.

01 Aug 2017

Oil at two-month high, ends above $50 a barrel

NEW YORK Oil prices rose to two-month highs on Monday, ending the strongest month of the year for crude futures, boosted in part by expectations of U.S. sanctions against Venezuela's oil sector and as supply concerns have waned in recent weeks.

27 Jul 2017

Oil jumps to near eight-week high after big draw in U.S. crude stocks

NEW YORK Oil prices rose to near eight-week highs on Wednesday, with Brent crude futures above $50 a barrel, as a much steeper than expected decline in U.S. inventories encouraged hopes the global crude glut would recede.

26 Jul 2017

Oil rallies 3 percent as U.S. shale shows signs of slowdown

NEW YORK Oil rose 3.3 percent on Tuesday to the highest close in more than a month, a day after U.S. oil producer Anadarko said it would cut capital spending plans and Saudi Arabia vowed to reduce crude exports to help curb global oversupply.

25 Jul 2017

Oil rises 1 percent after Saudi vows to cap crude exports next month

NEW YORK Oil rose more than 1 percent on Monday, after leading OPEC producer Saudi Arabia pledged to cut exports in August to help reduce the global crude glut, and Halliburton Co's executive chairman said the U.S. shale drilling boom would probably ease next year.

22 Jul 2017

Oil dives about 2.5 percent; OPEC crude output rise forecast

NEW YORK Oil prices slid on Friday, settling about 2.5 percent lower after a consultancy forecast a rise in OPEC production for July despite the group's pledge to curb output, reigniting concerns the global market will stay awash with crude.

19 Jul 2017

Oil rises on strong demand, falling Saudi exports

NEW YORK Oil prices rose slightly on Tuesday as Saudi exports fell and solid demand soaked up some of what is seen as an oversupplied market, but Ecuador's decision to opt out of an OPEC-led supply reduction pact complicated the outlook.

15 Jul 2017

Oil up 1 percent, posts weekly gain of 5 percent

NEW YORK Oil rose 1 percent on Friday, boosted as U.S. crude producers added only two rigs in the latest week and on signs of increased Chinese demand, but trading was volatile as global supply remained strong.

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Sensex 31,524.68 -270.78 -0.85%
Nikkei 19,470.41 -232.22 -1.18%
Hang Seng 27,047.57 -296.65 -1.08%
EUR/INR 75.370 +0.00%
USD/INR 64.090 +0.00%
GBP/INR 82.490 +0.00%
Gold 1,286.80 +0.40 +0.03%
Oil 48.73 +1.64 +3.48%
Corn 351.25 +0.75 +0.21%