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.
Japan's current account surplus down 19.4 percent in July; auto and steel exports plungeSeptember 8th, 2009 Japan's current account surplus down 19.4 percentTOKYO — Japan's current account surplus in July fell 19.4 percent from a year earlier as exports tumbled amid a slow recovery in the global economy, the finance ministry said Tuesday. The current account surplus, Japan's broadest measure of trade with the rest of the world, was 1.27 trillion yen ($13.6 billion), the first year-on-year fall in two months, the ministry said.
Oil falls below $69 in Asia amid regional stock selloffAugust 19th, 2009 Oil falls below $69 after Asian stock selloffSINGAPORE — Oil prices fell below $69 a barrel Wednesday in Asia following a selloff in regional stock markets. Benchmark crude for September delivery was down 58 cents to $68.61 a barrel by late afternoon in Singapore in electronic trading on the New York Mercantile Exchange.
Oil rises to near $70 in Asia as US crude inventory drop suggest demand may be reboundingAugust 19th, 2009 Oil rises to near $70 on US crude inventory dropSINGAPORE — Oil prices rose to near $70 a barrel Wednesday in Asia, rallying for a second day after U.S. crude inventories unexpectedly fell last week.
Oil falls below $66 in Asia as investors eye weak US consumption, brush off Japan's growthAugust 17th, 2009 Oil falls below $66 on weak US consumer confidenceSINGAPORE — Oil prices fell below $66 a barrel Monday in Asia on investor concerns that crude demand will remain weak amid a slow global economic recovery. Benchmark crude for September delivery was down $1.63 to $65.88 a barrel by late afternoon in Singapore in electronic trading on the New York Mercantile Exchange.
Oil falls below $67 in Asia as investors eye weak US consumption, brush off Japan growthAugust 17th, 2009 Oil falls below $67 on weak US consumptionSINGAPORE — Oil prices slipped below $67 a barrel Monday in Asia on investor concerns crude demand will remain weak amid a slow global economic recovery. Benchmark crude for September delivery was down 59 cents to $66.92 a barrel by midday in Singapore in electronic trading on the New York Mercantile Exchange.
Oil falls slightly to near $71 in Asia after signs of improving US economy fuels rallyAugust 4th, 2009 Oil down slightly to near $71 after big rallySINGAPORE — Oil prices fell slightly to near $71 a barrel Tuesday in Asia after signs of economic recovery in the U.S. fueled stock and crude rallies.
Oil hovers above $63 in Asia amid rising US crude inventories, sluggish economyJuly 30th, 2009 Oil hovers above $63 amid weak US crude demandSINGAPORE — Oil prices paused above $63 a barrel Thursday in Asia after signs of weak U.S. crude demand triggered a sharp sell-off this week.
Oil hovers near $63 in Asia amid rising US crude inventories, sluggish economyJuly 30th, 2009 Oil hovers near $63 amid weak US crude demandSINGAPORE — Oil prices paused near $63 a barrel Thursday in Asia after signs of weak U.S. crude demand triggered a sharp sell-off this week.
Oil rises to near $69 in Asia, extending 3-week rally amid mixed economic, company newsJuly 28th, 2009 Oil rises to near $69, extending 3-week rallySINGAPORE — Oil prices hovered near $68 a barrel Tuesday in Asia as a three-week rally stalled amid mixed economic and corporate news. Benchmark crude for September delivery was up 3 cents at $68.41 a barrel by late afternoon 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.
Oil falls to near $62 in Asia amid worries over slower-than-expected economic recoveryJuly 8th, 2009 Oil falls to near $62 in Asia on recovery doubtsKUALA LUMPUR, Malaysia — Oil prices fell to near $62 a barrel Wednesday in Asia growing concerns over a slower-than-expected recovery in the global economy. Prices were lower for the sixth straight day from a peak of above $73 last week, in tandem with continued weakness in global stock markets.
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.
South Korea's unemployment rate falls to 3.8 percent amid signs economy improvingMay 13th, 2009 South Korea's jobless rate falls to 3.8 percentSEOUL, South Korea — South Korea's unemployment rate fell to 3.8 percent in April, government data showed Wednesday, adding to signs the country's battered economy is improving. The jobless rate declined from 4 percent in March, the Korea National Statistical office announced.
Oil falls to near $49 as investors mull uncertain global economic outlookApril 27th, 2009 Oil falls to near $49 amid uncertain outlookSINGAPORE — Oil prices fell toward $49 a barrel Monday in Asia as investors, groping for guidance amid a severe recession, took back Friday's gains. Benchmark crude for June delivery was down $2.14 to $49.41 a barrel by late afternoon in Singapore, in electronic trading on the New York Mercantile Exchange.
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