Oil near $69 in midday European trade as investors weigh weak crude demand, economic recoveryOil prices hovered near $69 a barrel Tuesday as investors weighed concerns about weak crude demand against optimism of a global economic recovery. Oil hovers below $69 in Asia as investors weigh weak crude demand, economic recoverySINGAPORE — Oil prices hovered below $69 a barrel Tuesday in Asia as investors weighed concerns about weak crude demand against optimism of a global economic recovery. Natural gas prices spike 12 percent even with storage facilities bulgingNatural gas demonstrated again how much it has split from the direction of crude, as prices spiked more than 11 percent despite an enormous glut in supply. Oil drops below $69 as US dollar rebounds, Asian stocks slideOil prices dropped below $69 a barrel Monday, hurt by a rise in the U.S. dollar, which tends to weigh on commodities, and a slide in regional stock markets. Crude turns lower after strong week, moves below $70 a barrelOil prices fell sharply Friday, giving up some of the gains crude made this week even as the dollar fell to a fresh low for 2009. Crude continues weeklong move higher, moving above $72 a barrel as dollar weakensOil prices extended their recent rise Friday as the dollar fell to a fresh low for 2009, providing a boost to crude and other commodities. Oil hovers near $72 in Asia as US crude inventories drop, dollar weakensOil prices hovered near $72 a barrel Friday as a drop in U.S. crude inventories suggested demand may be picking up and the dollar continued to slump against other currencies, boosting commodities. Oil rises above $72 in Asia as US crude inventories drop, dollar weakensSINGAPORE — Oil prices rose above $72 a barrel Friday in Asia as a drop in U.S. crude inventories suggested demand may be picking up. Oil up after fall in crude supplies, forecast for improved demand; OPEC keeps output unchangedOil prices moved higher for a third straight day Thursday after a report showed that U.S. crude inventories decreased more than expected last week. Oil rises as dollar falls, forecast for improved demand; OPEC keeps output unchangedOil prices edged higher Thursday on a weaker U.S. dollar, OPEC’s decision to maintain production levels and a new report that says the slump in global oil demand will not be as bad as initially feared. Oil climbs to near $72 in midday European trade as dollar falls, OPEC keeps output unchangedLONDON — Oil prices rose to almost $72 a barrel Thursday, helped by a weaker U.S. dollar, steady OPEC production levels and a new report predicting a less severe slump this year in global oil demand. Oil climbs above $72 in Asia as US dollar falls, OPEC to keep output unchangedSINGAPORE — Oil prices rose above $72 a barrel Thursday in Asia amid a slumping U.S. dollar and steady OPEC production levels. Oil extends gains on weakening dollar as investors eye OPEC meetingOil prices finished higher for a second straight day Wednesday on continued weakening of the U.S. dollar and as investors awaited the outcome of an OPEC meeting that is expected to result in no change in production levels. Oil continues to push higher on weakening dollar as investors eye OPEC meetingOil prices pushed higher for a second straight day Wednesday on continued weakening of the U.S. dollar and as investors awaited the outcome of an OPEC meeting that is expected to result in no change in production levels. Oil hovers above $71 in afternoon European trade as investors eye weaker dollar, OPEC meetingOil prices hovered above $71 a barrel Wednesday after a weakening U.S. dollar sent crude soaring overnight and as an OPEC meeting was expected to announce no change in production levels. Oil hovers near $71 in Asia as investors eye weakening US dollar, OPEC meetingOil prices hovered near $71 a barrel Wednesday after a weakening U.S. dollar sent crude soaring overnight and as an OPEC meeting was expected to announce no change in production levels. Oil shoots above $71 as weak dollar, strong stocks boost commoditiesCrude prices settled above $71 a barrel Tuesday as a falling dollar pushed investors to seek out commodities such as oil and gold. Oil shoots above $70 as weak dollar, strong stocks boost commoditiesCrude prices shot above $70 a barrel Tuesday as a falling dollar pushed investors to seek out commodities such as oil and gold. Oil rises to above $70 in afternoon European trade on rising stocks, weaker dollarOil prices gained over $2 Tuesday, surging past $70 a barrel Tuesday on rising stock markets and investor interest in commodities as the U.S. dollar lost ground against other currencies. Oil rises to near $70 in afternoon European trade on rising stocks, weaker dollarOil prices rose to near $70 a barrel Tuesday, buoyed by rising stock markets and investor interest in commodities as the U.S. dollar lost ground against other currencies. Oil rises above $69 in Asia as rising stocks reflect investor optimismSINGAPORE — Oil prices rose above $69 a barrel Tuesday in Asia, bouyed by rising regional stock markets as the U.S. summer driving season wound down. Oil hovers near $68 in Asia for fifth day as US summer driving season sendsSINGAPORE — Oil prices hovered near $68 a barrel Tuesday in Asia for a fifth day as the U.S. summer driving season wound down and OPEC planned to meet Wednesday. Oil rises near $69 in afternoon European trading ahead of this week’s OPEC meetingOil prices climbed to near $69 a barrel Monday, helped by rising equity markets, a weaker U.S. dollar and expectations that OPEC will keep its members’ output levels steady at this week’s meeting. Oil steady near $68 in Asia for fourth day ahead of this week’s OPEC meetingOil prices stayed near $68 a barrel for the fourth straight day on Monday as OPEC was expected to keep its members’ output levels steady at this week’s meeting. Oil rises above $68 in Asia as investors watch for US jobs reportSINGAPORE — Oil prices peaked above $68 a barrel Friday in Asia as investors looked to a U.S. unemployment report later in the day for signs of economic recovery. Oil hovers near $68 in Asia as investors eye US jobs reportSINGAPORE — Oil prices hovered near $68 a barrel Friday in Asia as investors looked to a U.S. unemployment report later in the day for signs of economic recovery. Oil above $68 in afternoon European trade amid weaker dollar, hopeful OECD forecastOil prices traded higher Thursday as the U.S. dollar weakened slightly against the euro and the OECD was optimistic about the recovery of the global economy. Oil rises to near $69 in Asia amid mixed evidence on US crude demandSINGAPORE — Oil prices rose toward $69 a barrel Thursday in Asia as mixed U.S. crude inventory data shed little light on demand. Oil steady near $68 in Asia amid mixed evidence on US crude demandSINGAPORE — Oil prices bobbed above $68 a barrel Thursday in Asia as mixed U.S. crude inventory data shed little light on demand. Oil hovers above $68 in Asia as US crude supplies drop, suggesting demand may be recoveringLONDON — Oil prices hovered above $68 a barrel Wednesday after a two-day plunge as a drop in U.S. crude inventories suggested demand may be recovering. |
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