Oil rises above $70 in Asia investors eye global stocks, US dollarOctober 6th, 2009 Oil above $71 as global stocks gainSINGAPORE — Oil prices above $71 a barrel Tuesday in Asia as a jump in global stock markets boosted investor confidence. Benchmark crude for November delivery was up 71 cents at $71.12 by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Oil above $70 in Asia investors eye global stocks, US dollarOctober 5th, 2009 Oil above $70 as global stocks gainSINGAPORE — Oil prices floated above $70 a barrel Tuesday in Asia as a jump in global stock markets boosted investor confidence. Benchmark crude for November delivery was up 19 cents at $70.60 by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Stocks rally after jump in consumer confidence, Bernanke's reappointment as Fed chairmanAugust 25th, 2009 Stocks rally after jump in consumer confidenceNEW YORK — Stocks are rallying after a report that shows consumers are starting to feel a little more confident about the economy. The Conference Board's Consumer Confidence index rose to 54.1 this month from 46.6 in July and far above the 47.5 reading analysts expected.
Oil hovers near $67 in Asia as optimism on economy sparks stock rallyJuly 31st, 2009 Oil hovers near $67 as US, Asian stocks jumpSINGAPORE — Oil prices hovered near $67 a barrel Friday in Asia after investor optimism about the economy fueled rallies in crude and stocks. Benchmark crude for September delivery was down 20 cents to $66.74 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Asia stock markets largely mixed as powerful rally stalls; Tokyo weaker ahead of earningsJuly 28th, 2009 Asia stocks narrowly mixed as earnings eyedHONG KONG — Asian stock markets fluctuated Tuesday, pausing from a powerful two-week rally fueled by optimism about company earnings. Markets were narrowly mixed, with Tokyo's benchmark index weakening after a nine-day winning streak as investors awaited second-quarter results from Japan's Nissan, Sony and mega lender Mitsubishi UFJ Financial Group later in the week.
Oil rises above $68 in Asia as economic recovery hopes fuel 3-week rallyJuly 27th, 2009 Oil rises above $68 as rally extends to third weekSINGAPORE — Oil prices rose above $68 a barrel Monday in Asia as a rally fueled by an improving economic and corporate outlook extended into a third week. Benchmark crude for September delivery was up 59 cents to $68.64 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Stocks retreat slightly in early trading following big jump a day earlierJuly 24th, 2009 Stocks pull back a bit after prior day's big jumpNEW YORK — Investors are taking a breather after a surge in stocks that sent the Dow Jones industrials above the 9,000 mark for the first time since January. Stocks are slightly lower in early trading Friday, as disappointing earnings news from companies like Microsoft Corp.
Oil hovers above $65 in Asia as mixed US investory data slows 2-week rallyJuly 23rd, 2009 Oil hovers above $65 on mixed US inventory dataSINGAPORE — Oil hovered above $65 a barrel Thursday in Asia as U.S. crude inventory data reflected a mixed demand picture, slowing a two-week rally.
Oil inches higher above $68 in Asia as investors mull whether economy justifies 3-month rallyJune 9th, 2009 Oil inches higher above $68 amid 3-month rallySINGAPORE — Oil prices rose above $68 a barrel Tuesday in Asia as traders mulled whether a weak global economy justified a doubling of crude since March. Benchmark crude for July delivery was up 40 cents at $68.49 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Oil drops below $67 a barrel in Asia as rally loses some steamJune 8th, 2009 Oil drops below $67 in AsiaBANGKOK — Oil prices dropped below $67 Monday in Asia as a rally that has roughly doubled the price of crude in four months lost some steam in the face of economic reality. Benchmark crude for July delivery was down $1.50 at $66.94 a barrel by midday Bangkok time in electronic trading on the New York Mercantile Exchange.
Oil slips below $68 in Asia as rally loses some steamJune 8th, 2009 Oil slips below $68 in AsiaBANGKOK — Oil prices slipped below $68 Monday in Asia as a rally that has roughly doubled the price of crude in four months lost some steam in the face of economic reality. Benchmark crude for July delivery was down 49 cents at $67.95 a barrel by midday Bangkok time in electronic trading on the New York Mercantile Exchange.
Oil drops below $68 a barrel as rally loses some steamJune 8th, 2009 Oil drops below $68 as rally loses steamVIENNA — Oil prices dropped below $68 Monday as a rally that has roughly doubled the price of crude in four months lost some steam in the face of a still weak global economy. Crude prices have risen in tandem with stocks as gloom about the global economy eased.
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.
Singapore stocks jump 5.6 percent to 6-month high as optimism on the economy spurs banksMay 4th, 2009 Singapore stocks rise 5.6 percent to 6-month highSINGAPORE — Singapore stocks jumped to a six-month high Monday on growing investor optimism that the worst of the global economic downturn may be over. The Straits Times index rose 108.43, or 5.6 percent, to 2,028.71.