posted by
tradingpip
1177 days ago
in Oil
Oil rose above $44 a barrel on Friday, after sinking 4% in the previous session, gaining support from a weaker dollar and a meeting of OPEC later this month.
posted by
post-it
1177 days ago
in Oil
Oil was steady under $44 on Friday, after sinking 4.0 percent overnight on fears that the deepening financial crisis would further crimp energy demand.
posted by
cathlyn
1177 days ago
in USD, Oil, Employment
Gold edged lower on Friday as thedollar strengthened against the euro in the wake of U.S.December non-farm payrolls numbers, but reaction to the data wasmuted as it came in broadly in line with expectations.
posted by
chezka
1177 days ago
in USD, Oil
The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) gained slightly on Thursday but stopped short of crossing the 44-dollar mark, according to data released by OPEC on Friday.
posted by
forexclaim
1178 days ago
in Oil
Oil hovered below US$45, after surging nearly 9 percent overnight on government data showing a surprise drop in US crude stocks.
posted by
pipOhoLic
1178 days ago
in Oil
Crude oil rose for a third day in New York, extending yesterday’s surge, as China said it will “significantly increase” investment this year to boost its economy, potentially draining ample supplies of the fuel.
posted by
ezir
1178 days ago
in USD, Oil
Oil prices hovered near $44 a barrel Thursday in Asia after U.S. crude inventories fell, suggesting demand may have stabilized after falling for months.
posted by
megumi
1178 days ago
in Gold, Oil
US crude oil rose almost 9% Wednesday after the government's supply report revealed crude stockpiles fell by 700,000 barrels in the week ended 27 February, against expectations of a 2.2m barrel increase.
posted by
kulas
1179 days ago
in Oil
The global economy is getting a far bigger and more immediate boost from lower oil prices as a slide of more than 70% in the price of crude from its record of US$147 a barrel in July lines the pockets of consumers and businesses with hundreds of
posted by
erzon
1179 days ago
in CAD, Oil
The Canadian dollar climbed against the U.S. currency on Wednesday as risk appetite returned and oil prices rose.
posted by
hinata
1179 days ago
in USD, Oil
Oil edged up towards USD42 on Wednesday, after surging nearly 4 percent overnight, on a brightening outlook for China's economy and in anticipation that producer group OPEC would cut supply further at its next meeting.
posted by
morgan
1179 days ago
in USD, Oil
Oil prices rose above US$43 a barrel Wednesday in Asia as regional stock markets rallied and investors looked to a U.S. crude inventory report later in the day for signs of demand amid the worst recession in decades.