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News // Markets & Stocks

Oil prices jumped more than 4% Thursday

Oil jumped 4 percent on Thursday and posted its biggest two-day gain since mid-August as China's assurance about its euro-zone investments sparked a global rebound in equities and fed more bets for riskier assets.

28 May 2010 , 08:29Reuters12070

Oil prices rose after good news coming from US industry

Oil rose by almost 3 per cent on Wednesday to climb back above $70 a barrel after a US industry report showed a steep drop in gasoline stockpiles in the world’s largest energy consumer.

27 May 2010 , 09:34Thenews.com10670

2 percent fell of oil prices as investors are still anxious about European debt crisis impact on world economic recovery

Oil fell more than 2 percent on Tuesday as investors fled from riskier assets to dollar safety on growing concerns that the European debt crisis could worsen and damage the still fragile global economic recovery.

26 May 2010 , 08:12Reuters16050

Oil prices fell below $70 a barrel as new worries about European debt crisis appear

Oil fell below $70 a barrel on Tuesday on growing concern that Europe's debt crisis would derail the global economic recovery, prompting investors to sell riskier assets in a flight to dollar safety.

25 May 2010 , 08:22Reuters17960

Oil prices recover in a high volatility context

Oil prices snapped three straight sessions of decline and rose slightly to hover above $70 a barrel on Monday, but analysts said sentiment remain fragile and prices could be again be hit by macroeconomic pessimism.

24 May 2010 , 09:16Reuters9790

Oil prices stay low as global economic growth perspectives are pessimist

U.S. oil prices dropped to near $70 on Friday, after falling the previous day for a seventh time in eight sessions, on unabated fears that Europe's debt crisis could hurt global economic growth and slow energy demand.

21 May 2010 , 08:41Reuters9570

Oil prices recover supported by the gains in Euro currency

Oil stood above $70 a barrel on Thursday, extending its gains of the previous day, propped up by a smaller-than-expected rise in U.S. crude stocks and gains in the euro currency.

20 May 2010 , 08:51Reuters12050

Weak Euro and new fall of oil prices

The euro fell to new four-year lows against the U.S. dollar Tuesday amid fears Europe's debt crisis will cut into economic growth and leave European banks vulnerable.

19 May 2010 , 08:17CBC News11600

Rebound of oil prices after having hit a five month low Monday

Oil rose above $70 a barrel on Tuesday in a cautious rebound after hitting a five month low the previous day on concerns about the health of the global economy.

18 May 2010 , 08:40Reuters10720

Oil barrel price falls under $70

Oil fell below $70 a barrel on Monday, to its lowest in more than three months, extending a loss of nearly 17 percent over the past two weeks on fears over Europe's debts, the weak euro and swollen U.S. oil inventories.

17 May 2010 , 09:36Reuters10340

Fourth day of prices fall for US crude oil

US crude tumbled for a fourth straight session today, within cents of three-month lows below $74, on concern that the European debt crisis will curb global growth and energy demand.

14 May 2010 , 11:51Upstream13910

Rebound of oil prices stimulated by positive European economic news

Oil was steady on Thursday, with the front-month U.S. contract holding above $75, as rising stock markets in Asia reflected greater confidence that the eurozone will contain Greece's debt crisis.

13 May 2010 , 08:19Reuters20830

Four months best results for Russian financial markets Tuesday

Stocks and the ruble gained the most in more than four months on Tuesday, as trading resumed after a public holiday that saw emerging markets rally the most in a year on Europe’s aid package for Greece.

12 May 2010 , 08:17Bloomberg11000

Financial markets and oil prices return to positive after announcement of helping plan for the Euro

Oil prices rebounded to above $77 a barrel Monday in Asia from last week's 14 per cent sell-off after Europe and the IMF pledged nearly $1 trillion to help defend the embattled euro.

11 May 2010 , 08:49Stockhouse15630

Greek debts crisis hardly hits Asian financial markets

Asian stock markets have fallen sharply during morning trading, amid investor fears that Greece's debt crisis could halt the global economic recovery.

07 May 2010 , 08:44BBC News10120

Debts crisis in Europe and strong dollar are driving down oil prices

Mounting worries about spreading European debt crisis on Tuesday dampened market enthusiasm for recovery and sent energy commodities diving.

05 May 2010 , 08:43People's Daily Online13760

Oil prices fell towards $83 after US inventories results

Oil fell towards $83 after soaring U.S. inventories signalled demand in the world's top energy user is lagging the recovery in the global economy.

22 April 2010 , 08:47Reuters10350

Goldman Sachs and Icelandic volcano hit oil prices

Oil prices fell again Monday on worries that fraud charges against Goldman Sachs could prompt a retreat from energy commodities to more safe-haven investments.

20 April 2010 , 10:33The Star10890

Oil prices sharply fall

Oil prices fell sharply on Friday, dampened by an unexpected fall in a US consumer sentiment and fraud charges slapped on top Wall Street investment firm Goldman Sachs.

19 April 2010 , 10:22AAP7850

Oil demand statistics from International Energy Agency exceeded previous forecasts

Global oil demand will rise by 1.67 million barrels per day (bpd) in 2010, 100,000 bpd more than previously forecast, the International Energy Agency (IEA) said on Tuesday.

14 April 2010 , 08:54Reuters9810

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