posted by
babyblue
1578 days ago
in USD, Oil
Oil prices languished near $35 a barrel Friday in Asia as traders eyed a weakening U.S. economy and falling global demand that’s sent crude down a third since last week.
posted by
shadowf
1580 days ago
in Oil
Oil prices slid on Friday as traders took their cue from tumbling global equity markets amid the worldwide economic slowdown that has slashed energy demand, analysts said.
posted by
cane
1580 days ago
in CAD, Oil, Inflation
Canadian consumer prices fell a fourth consecutive month in January, led by falling costs for natural gas and motor vehicles.
posted by
sassygirl
1580 days ago
in USD, Oil
Crude oil rose more than 10 percent in New York after a U.S. government report showed an unexpected drop in inventories.
posted by
jirachi
1581 days ago
in Oil
Oil prices fell on Wednesday ahead of government data that is forecast to show falling US energy demand amid a sharp global economic downturn.
posted by
annie
1584 days ago
in USD, Oil
Oil prices rose slightly on Monday with New York crude remaining below 38 dollars a barrel as the market reacted to forecasts of weak energy demand made at the end of last week.
posted by
Binsonu
1584 days ago
in Oil
U.S. oil prices climbed towards $38 a barrel on Monday after the International Energy Agency (IEA) said there could be an oil market supply crunch from next year once global oil demand begins to recover.
posted by
jerome
1584 days ago
in Oil
OIL prices rose today but New York crude stayed below $38 a barrel as the market reacted to forecasts of weak energy demand made at the end of last week.
posted by
jasumine
1584 days ago
in Oil
Crude oil prices have fallen to new lows for this year. So you'd think gas prices would sink right along with them.
posted by
babyblue
1584 days ago
in Oil, Trade
Oil prices were slightly higher in Asian trade on Monday following last week's US congressional approval of a massive stimulus plan aimed at kick-starting the world's biggest economy.
posted by
jasumine
1585 days ago
in Oil
Sweetened terms for Iraqi oil deals have encouraged international oil firms competing to work on the country's most prized fields, but executives remain concerned about taking on huge risk for little reward.
posted by
megumi
1585 days ago
in USD, Oil
Oil prices are most likely to go up to the USD 90 per barrel within 3-5 years, as a result of increase in production rather than immediate demand factors.