Posts Tagged ‘ Oil ’

Oil falls as Greece, China feed economic worry

May 16, 2012 | ECONOMY

NEW YORK (Reuters) – Oil prices fell on Monday as Greece's inability to form a coalition government and concerns about a slowing Chinese economy fed worries about the outlook for petroleum demand. Greece's turmoil triggered selling in dollar-denominated copper and gold, sending a benchmark commodities index to a 19-month low, while pressuring the euro...

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Oil below $98 in Asia as traders eye weak US, Europe economies, rising supplies

May 8, 2012 | ECONOMY

SINGAPORE – Oil prices hovered below US$98 a barrel Tuesday in Asia as traders eyed signs of weak economic growth in the U.S. and Europe, which suggest crude demand will remain tepid. ( more here … ) – ECONOMY Related items Oil hovers above $105 a barrel in Asia ahead of key US jobs...

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Oil hovers above $105 a barrel in Asia ahead of key US jobs figures

May 3, 2012 | ECONOMY

SINGAPORE – Oil prices hovered above $105 a barrel Thursday in Asia as investors awaited key U.S. employment data for clues about the strength of the economy and crude demand. ( more here … ) – ECONOMY Related items Oil below $98 in Asia as traders eye weak US, Europe economies, rising supplies Oil...

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Oil near $103 in Asia amid concern EU debt crisis will hurt economy

April 25, 2012 | ECONOMY

SINGAPORE – Oil prices hovered near US$103 a barrel Tuesday in Asia amid investor worries that Europe's debt crisis undermine economic growth and crude consumption. ( more here … ) – ECONOMY Related items Oil below $98 in Asia as traders eye weak US, Europe economies, rising supplies Oil hovers above $105 a barrel...

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Oil above $107 in Asia amid improving US economy, slim spare output capacity

March 14, 2012 | ECONOMY

SINGAPORE – Oil prices rose above US$107 a barrel Tuesday in Asia as traders bet an improving U.S. economy will boost demand at a time when the ability to increase crude production is limited. ( more here … ) – ECONOMY Related items Oil rises above $107 amid improving US economy Oil below $98...

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Oil rises above $107 amid improving US economy

March 13, 2012 | ECONOMY

SINGAPORE—Oil prices rose above $107 a barrel Tuesday in Asia as traders bet an improving U.S. economy will boost demand at a time when the ability to increase crude production is limited. ( more here … ) – ECONOMY Related items Oil above $107 in Asia amid improving US economy, slim spare output capacity...

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Oil falls below $107 on weak growth in China trade

March 12, 2012 | ECONOMY

Oil prices fell below $107 a barrel Monday in Asia as a slowdown in China's trade suggested demand for crude could weaken. ( more here … ) – ECONOMY Related items Oil below $98 in Asia as traders eye weak US, Europe economies, rising supplies Oil hovers above $105 a barrel in Asia ahead...

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Brent crude falls towards $125 as China data spur demand worry

March 12, 2012 | ECONOMY

SINGAPORE (Reuters) – Oil fell on Monday for the first time in four sessions, with Brent slipping towards $125 as global demand concerns took centerstage following weak Chinese exports, countering support from supply disruption worries in the Middle East and Africa and a brightening U.S. economic outlook. Traders took profit on oil after last...

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Brent crude falls towards $125 as China data spur

March 12, 2012 | ECONOMY

SINGAPORE (Reuters) – Oil fell on Monday for the first time in four sessions, with Brent slipping towards $125 as global demand concerns took centrestage following weak Chinese exports, countering support from supply disruption worries in the Middle East and Africa and a brightening U.S. economic outlook. Traders took profit on oil after last...

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Oil nears $107 in Asia as traders eye key US jobs report

March 9, 2012 | ECONOMY

SINGAPORE – Oil prices rose slightly to near US$107 a barrel Friday in Asia ahead of a key U.S. employment report that will give insight into the strength of the world's No. 1 economy and demand for crude. ( more here … ) – ECONOMY Related items Oil rises to near $107 ahead of...

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