Oil down to near $70 in afternoon European trade ahead of US retail reportsAugust 10th, 2009 Oil down to near $70 as investors eye US consumersOil prices fell to near $70 a barrel Monday as investors looked to statistical data due later this week for a reading of the strength of U.S. consumer spending.
Oil hovers below $71 in midday European trade ahead of US retail reportsAugust 10th, 2009 Oil hovers below $71 as investors eye US consumersOil prices hovered below $71 a barrel Monday as investors looked to statistical data due later this week about the strength of U.S. consumer spending.
Oil slips to near $71 in Asia as investors eye US unemployment dataAugust 7th, 2009 Oil slips to near $71 ahead of US jobless dataSINGAPORE — Oil prices fell to near $71 a barrel Friday in Asia as investors looked to U.S. monthly employment figures later in the day for signs the economy may be recovering.
Oil slips below $72 in Asia as investors eye US unemployment dataAugust 7th, 2009 Oil slips below $72 ahead of US unemployment dataSINGAPORE — Oil prices traded below $72 a barrel Friday in Asia as investors looked to U.S. monthly employment figures later in the day for signs the economy may be recovering.
Oil up to over $72 a barrel in afternoon European trade as US jobs data beats expectationsAugust 7th, 2009 Oil rises to over $72 as job losses slow in the USOil prices recouped earlier losses and climbed over $72 a barrel Friday after better-than-expected U.S. jobs data fueled hopes that the world's largest economy will soon be growing again.
Oil prices rise over better housing dataJuly 23rd, 2009 NEW YORK - The oil prices ended above $67 a barrel Thursday after data showed existing home sales jumped for the third straight month in June. Light, sweet crude for September delivery rose $1.76, or 2.7 percent, to settle at $67.16 a barrel on the New York Mercantile Exchange.
Oil dips below $60 a barrel after tepid retail sales, more unemployment dataJuly 9th, 2009 Oil dips below $60 with consumers scaling backNEW YORK — Oil prices dropped below $60 a barrel Thursday, continuing a seven-day slide with new consumer and employment data casting a pall over energy markets. Benchmark crude for August delivery fell 15 cents to $59.99 a barrel on the New York Mercantile Exchange.
Oil wavers near $60 a barrel after tepid retail sales, more glum unemployment dataJuly 9th, 2009 Oil wavers near $60 as consumers scale backNEW YORK — Oil prices wavered around $60 per barrel Thursday with new consumer and employment data casting a pall over energy markets, but still rose slightly at the close for the first time in more than a week. Benchmark crude for August delivery rose 27 cents to settle at $60.41 a barrel on the New York Mercantile Exchange.
Oil prices fall below $63 per barrel as recovery doubts lingerJuly 7th, 2009 Crude prices fall below $63 in extended sell-offNEW YORK — Oil prices fell for the fifth straight day Tuesday, with a barrel costing $10 less than it did just one week ago when crude hit a new high for the year. Benchmark crude for August delivery fell $1.27 to $62.78 a barrel on the New York Mercantile Exchange.
Oil plunges to near $65 in Asia as weak economic data sparks concern about recoveryJuly 6th, 2009 Oil plunges to near $65 on fears recovery may lagSINGAPORE — Oil prices plunged to near $65 a barrel Monday in Asia as dismal unemployment figures from the U.S. and Europe last week sparked investor concern about a nascent economic recovery.
Oil plunges below $65 in Asia as weak economic data sparks concern about recoveryJuly 6th, 2009 Oil plunges below $65 on fears recovery may lagSINGAPORE — Oil prices plunged below $65 a barrel Monday in Asia as dismal unemployment figures from the U.S. and Europe last week sparked investor concern about a nascent economic recovery.
Oil hovers above $66 after weak jobs numbers undermine investor confidenceJuly 3rd, 2009 Oil hovers above $66 after weak jobs dataOil prices hovered above $66 a barrel Friday in light holiday trading a day after grim unemployment numbers from the U.S. and Europe sent prices tumbling.
Oil hovers above $66 in Asia after weak jobs numbers undermine investor confidenceJuly 3rd, 2009 Oil hovers above $66 in Asia after weak jobs dataSINGAPORE — Oil prices hovered above $66 a barrel Friday in Asia in light holiday trading a day after grim unemployment numbers from the U.S. and Europe sent crude prices tumbling.
Commodities suffer as worse-than-expected jobs report sends investors in search of safetyJuly 2nd, 2009 Investors flee commodities after bad jobs dataNEW YORK — Commodity prices fell sharply Thursday as a worse-than-expected jobs report sent investors in search of less risky assets. The Labor Department rattled the market when it said employers slashed 467,000 jobs in June, far more than the 363,000 economists had expected.
Oil drifts below $69 in Asia as traders look to data this week for clues on US recoveryJune 29th, 2009 Oil drifts below $69 as traders eye US economySINGAPORE — Oil prices drifted below $69 a barrel Monday in Asia as traders look to macroeconomic indicators this week for signs of improvement in the U.S. economy. Benchmark crude for August delivery slipped 40 cents to $68.76 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.