Oil extends rally for third day, settling above $63 despite huge surplus and weak demandNEW YORK — Oil prices surged through the week, rising above $63 a barrel Friday as China reported faster economic growth and political turmoil in Iran raised concerns about future oil supplies. Oil extends rally for third day, rising above $63 despite huge surplus and weak demandNEW YORK — Oil prices are extending their rally into a third straight day, rising above $63 a barrel Friday for the first time in 10 days. Oil slips below $62 in Asia as investors eye corporate results, weak gasoline demandVIENNA — Oil prices slipped below $62 a barrel Friday, as investors weighed mostly positive second quarter corporate results against signs of sluggish crude demand. Gas prices drop for 25 straight days; oil rises above $62 a barrel as jobless claims dipNEW YORK — Retail gas prices dropped Thursday for the 25th consecutive day as America’s appetite for petroleum hovers around 10-year lows. Gas prices drop for 25-straight days; oil rises above $62 a barrel as jobless claims dipNEW YORK — Retail gas prices dropped Thursday for the 25th consecutive day as America’s appetite for petroleum hovers around 10-year lows. Oil stays above $61 a barrel as jobless claims dips, natural gas supplies growNEW YORK — Oil prices wavered Thursday as investors wrestled with a mix of economic news including a dip in jobless claims and storage reports showing America’s appetite for petroleum hovers around 10-year lows. Oil stays above $61 a barrel as jobless numbers drop unexpectedlyNEW YORK — Oil prices wavered Thursday after the government reported that jobless numbers had dropped unexpectedly. Oil slips but holds above $60 in midday European trading on positive economic news from US FedVIENNA — Oil prices slipped but stayed well above $60 a barrel Thursday after a more positive economic outlook from the U.S. central bank buoyed investor confidence. Oil holds above $61 as positive economic news from US Fed bolsters confidenceSINGAPORE — Oil prices hovered above $61 a barrel Thursday in Asia after a more positive economic outlook from the U.S. central bank buoyed investor confidence. Oil rises above $61 after government reports US supply of crude falls more than expectedNEW YORK — Oil prices rose above $61 a barrel Wednesday, riding gains on Wall Street and a government report that said U.S. crude supplies dropped more than expected. Oil approaches $61 in afternoon European trading as investors eye US inventoriesVIENNA — Oil prices rose to near $61 a barrel Wednesday as investors looked to a weekly inventory report for clues on U.S. gasoline demand. Oil rises above $60 in Asia as traders eye US inventories for signs of gasoline demandVIENNA — Oil prices rose above $60 a barrel Wednesday as investors looked to a weekly inventory report for clues on U.S. gasoline demand. Oil slips further to settle below $60 as demand concerns lingerSIOUX FALLS, S.D. — Oil prices settled under $60 a barrel again Tuesday, with investors still wary about the economy despite as better-than-expected economic and earnings data. Oil slips further below $60 despite encouraging economic and earnings dataSIOUX FALLS, S.D. — Oil prices slipped further below $60 a barrel Tuesday, as better-than-expected economic and earnings data struggled to support the market’s early gains. Oil dips below $60, early stock market optimism levels offSIOUX FALLS, S.D. — Oil prices dropped under $60 a barrel Tuesday, as the stock market pulled back from early enthusiasm about better-than-expected earnings for Goldman Sachs. Oil holding around $60 on strong US retail, wholesale price reportsSIOUX FALLS, S.D. — Oil prices stayed around $60 a barrel Tuesday, as better-than-expected U.S. retail and wholesale price news out helped support early gains. Oil pushes back above $60 on signs Asia emerging from economic downturnVIENNA — Signs that Asia might be emerging from its economic slump hoisted oil prices back above $60 a barrel Tuesday. Crude oil prices stays under $60 a barrel with investors concerned about demandNEW YORK — Oil prices stayed below $60 a barrel Monday with concerns the global economy isn’t improving quickly and demand will remain soft. Oil below $60 a barrel as demand worries linger, earnings season at handNEW YORK — Oil prices stayed around $60 a barrel in Monday afternoon trading, continuing last week’s trend as investors await a busy second-quarter earnings week. Oil drops near $60 a barrel as demand worries linger, earnings season at handNEW YORK — Oil prices drifted down to near $60 a barrel on Monday, continuing last week’s trend as the second-quarter earnings season got under way. Oil up to near $60 on weaker dollar, attacks in Nigeria; doubts on demand still weighOil prices rose above $60 a barrel on Monday, halting last week’s falling trend, as investors turned to commodities for protection against a weaker dollar and after attacks on oil facilities in Nigeria. Oil slides toward $59 in Asia, extending 19 percent, 2-week sell-off on economy doubtsSINGAPORE — Oil prices slid to near $59 a barrel Monday in Asia, extending a two-week sell-off fueled by growing investor pessimism about global economic growth and crude demand. Oil below $60 in noon European trade as investors look to company earnings for demand signsVIENNA — Oil prices slid well below $60 a barrel Friday as investors braced for company earnings reports next week that will provide clues on the strength of crude demand. Oil drops below $60 in Asia as investors look to company earnings for crude demand signsSINGAPORE — Oil prices dropped below $60 a barrel Friday in Asia as investors braced for a slew of company earnings reports next week that will provide clues on the strength of crude demand. Oil hovers near $60 in Asia as investors look to company earnings for crude demand signsSINGAPORE — Oil prices hovered just above $60 a barrel Friday in Asia as investors braced for a slew of company earnings reports next week that will provide clues on the strength of crude demand. Oil rises but stays below $61 as rising US inventories suggest demand weakVIENNA — Oil prices steadied but stayed below $61 on Thursday as traders looked for direction after sending the value of crude down 17 percent since last week. Oil prices rise above $61 in midday Europe trade, recoups some losses
Oil rises above $61 in Asia after weak crude demand, economy spark big weeklong sell-offSINGAPORE — Oil prices rose above $61 in Asia on Thursday, recouping some losses after tumbling 17 percent since last week as rising U.S. gasoline inventories suggested crude demand remains weak. Oil pauses above $60 in Asia as weak crude demand, economy spark big weeklong sell-offSINGAPORE — Oil prices paused above $60 in Asia on Thursday after dropping 17 percent since last week as rising U.S. gasoline inventories suggested crude demand remains weak. Oil falls below $62 in midday European trade amid worries over slower-than-expected recoveryVIENNA — Oil prices slipped below the $62 a barrel mark Wednesday reflecting growing concerns over a slower-than-expected recovery in the global economy and OPEC predictions of a lasting crimp in world demand. |
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