Oil recovered in Asian trade today after losses in New York caused by lingering concerns about Europe’s debt crisis, analysts said. New York’s main contract, light sweet crude for December delivery was eight cents higher at ...
Crude prices were lower in Asian trade today as Greece’s surprise announcement of a referendum on its debt bailout stunned equities and commodities markets, analysts said.
New York’s main contract, light sweet crude for delivery in December, ...
Brent crude slipped below US $101 on Tuesday, squeezed by growing fears that a Greek debt default could spread across the banking system and threaten the global economy. Goldman Sachs cut its 2012 Brent crude forecast ...
Crude prices see-sawed in Asian trade today as traders monitored the crisis in Libya with rebels claiming victory but Muammar Gaddafi’s sons saying the strongman remains in power, analysts said. At 0115 GMT, Brent North Sea ...
Brent crude sank below US $100 a barrel in Asian trade today, following its New York counterpart lower as markets reeled from the US credit downgrade by Standard & Poor’s. Brent North Sea crude for September ...
Crude fell more than US $2 a barrel on Monday after rating agency Standard & Poor’s downgraded the United States’ top-tier credit rating, raising concerns on the outlook for demand in the world’s biggest oil consumer.
US ...
Crude prices inched higher in Asia with markets taking a breather after volatile trade a day ago as bearish US manufacturing data quashed initial euphoria over a debt deal, analysts said. New York’s main contract, light ...
Oil was down in Asian trade today following a slump in US job creation as well as soaring Chinese inflation rates, analysts said. New York’s main contract, light sweet crude for delivery in August, fell 19 ...
High crude prices may derail growth in China and India, the two nations that have helped the global economy overcome the financial crisis, the International Energy Agency said. “High oil prices are a significant risk to ...
Oil was lower in Asian trade today on continuing fears over Greece’s debt crisis and concerns over the US economy, analysts said. New York’s main contract, West Texas Intermediate (WTI) light sweet crude for July delivery, ...