Stocks rise in early trading after two-week slide; investors await data on service industryOctober 5th, 2009 Stocks advance ahead of service industry dataNEW YORK — Stocks rose early Monday after a two-week slide in the market and as traders prepared for a report on the service industry. Investors are looking to the report on the services industry for any sign of an economic recovery.
Oil lingers below $70 in Asia as investors look to corporate earnings for clues on economyOctober 4th, 2009 Oil lingers below $70 as traders eye earningsOil prices lingered below $70 a barrel Monday as investors looked to third quarter company earnings reports this week for clues about the health of the U.S. economy. By midday in Europe, benchmark crude for November deliver was down 45 cents at $69.50 in electronic trading on the New York Mercantile Exchange.
Oil falls to near $70 in Asia as investors eye weak US economic dataOctober 1st, 2009 Oil falls to near $70 as traders eye US economySINGAPORE — Oil prices fell to near $70 a barrel Friday in Asia as signs of a sluggish U.S. economic recovery discouraged stock and crude investors.
Oil hovers below $69 in Asia as investors weigh weak crude demand, economic recoverySeptember 14th, 2009 Oil hovers below $69 amid weak crude demandSINGAPORE — 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. Benchmark crude for October delivery was down 1 cent at $68.84 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Oil rises above $68 in Asia as investors watch for US jobs reportSeptember 4th, 2009 Oil rises above $68 ahead of 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 reportSeptember 3rd, 2009 Oil hovers near $68 ahead of 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 drifts below $67 in Asia as signs of improving US economy trigger rallyJuly 24th, 2009 Oil drifts below $67 amid improving US economySINGAPORE — Oil prices drifted below $67 a barrel Friday in Asia but mostly held onto gains made overnight amid signs of an improving U.S. economy. Benchmark crude for September delivery was down 31 cents to $66.85 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Oil slides toward $59 in Asia, extending 19 percent, 2-week sell-off on economy doubtsJuly 13th, 2009 Oil slides toward $59, extending 2-week sell-offSINGAPORE — 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. Benchmark crude for August delivery was down 47 cents to $59.42 a barrel by late afternoon Singapore time, after falling as low as $58.88, in electronic trading on the New York Mercantile Exchange.
World markets awaiting economic recovery clues amid potential quarter-end volatilityJune 30th, 2009 World stocks awaiting economic recovery cluesLONDON — European stock markets fell modestly Tuesday ahead of an expected subdued open on Wall Street as investors awaited key data later this week for more clues about the speed of any potential recovery. The FTSE 100 index of leading British shares was down 12.49 points, or 0.3 percent, at 4,281.54 while France's CAC-40 fell 7.93 points, or 0.3 percent, at 3,185.75.
Oil hovers above $69 in Asia as traders look to data this week for clues on US recoveryJune 29th, 2009 Oil hovers above $69 as traders eye US economySINGAPORE — Oil prices hovered above $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 rose 23 cents to $69.39 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Oil hovers nears $69 as traders look to data this week for clues on US recoveryJune 29th, 2009 Oil hovers near $69 as traders eye US economyOil prices hovered near $69 a barrel Monday as traders looked to macroeconomic indicators due later this week for signs of improvement in the U.S. economy. By midday in Europe, benchmark crude for August delivery was up 39 cents to $69.55 a barrel in electronic trading on the New York Mercantile Exchange.
Oil drops below $69 in Asia as investors mull US dollar, inflationJune 24th, 2009 Oil drops below $69 as traders eye US dollarOil prices fell below $69 a barrel Wednesday, but were up from earlier lows, as investors continued to focus on the value of the U.S. dollar, which typically trades inversely to commodities, and awaited a policy statement from the Federal Reserve.
Oil drifts above $71 in Asia near 8-month high as investors eye inflation threatJune 19th, 2009 Oil drifts above $71 as investors eye inflationSINGAPORE — Oil prices hovered above $71 a barrel in Asia Friday amid concerns that massive U.S. fiscal spending will spark inflation down the road, making oil and other commodities attractive hedges.
Oil rises to near $67 in Asia as 3-month rally resumes after heavy selloffJune 4th, 2009 Oil rises to near $67 as 3-month rally resumesSINGAPORE — Oil prices rose to near $67 a barrel Thursday in Asia, resuming a 3-month rally after a jump in U.S. crude inventories triggered a sharp pullback a day earlier.
Oil hovers just above $66 in Asia as US crude inventory data stymies 3-month rallyJune 4th, 2009 Oil hovers above $66 as 3-month rally cool offSINGAPORE — Oil prices hovered above $66 a barrel Thursday in Asia after a jump in U.S. crude inventories triggered a sharp pullback from a three-month rally.