Monthly Archives: November 2013

Oil rose near $94 a barrel Wednesday, a day after falling to a five-month low.

Benchmark U.S. crude for December delivery gained 84 cents to close $93.88 on the New York Mercantile Exchange. That followed Tuesday's drop of $2.10 a barrel, which was the sharpest one-day decline since Sept. 10.

Oil is still down $8.53, or...

TOKYO, Nov 14 (Reuters) - The Nikkei share average raced to a three-week high on Thursday morning, supported by dovish comments from Federal Reserve Vice Chair Janet Yellen and data showing the Japanese economy notched up its fourth straight quarter of growth. Yellen, who is expected to take over Fed Chairman Ben Bernanke, said the Fed has...

SAN FRANCISCO (MarketWatch) -- Oil futuresclosed higher Wednesday after the Energy Information Administration reported a smaller-than-expected weekly climb in U.S. crude supplies. December crude CLZ3 -0.01% rose $1.43, or 1.5%, to settle at $94.80 a barrel on the New York Mercantile Exchange. That was the largest single-session gain since Oct. 2, according to FactSet data, tracking the...

NEW YORK (MarketWatch) — The U.S. dollar fell Wednesday as investors focused on research suggesting that the Federal Reserve lower its 6.5% unemployment-rate threshold for raising short-term interest rates, which would effectively keep those rates near zero for longer than currently expected.