Private research group says consumer confidence retreats in September amid job worriesSeptember 30th, 2009 Consumer confidence unexpectedly falls in Sept.NEW YORK — Cconsumers' confidence in the economy falls in September as Americans' worries about job security offset any enthusiasm about the rally in the stock market. The Conference Board says that the Consumer Confidence Index now stands at 53.1, down from the revised 54.5 reading in August.
Oil rises to above $67 in Asia despite increase in US crude inventoriesSeptember 30th, 2009 Oil above $67 in Asia despite high inventoriesSINGAPORE — Oil prices rose above $67 a barrel Wednesday in Asia despite an increase in U.S. crude inventories for a third week, which suggests consumer demand remains weak.
Asia markets mixed as US consumer confidence drop sows economic recovery doubts; Europe gainsSeptember 30th, 2009 Asia markets mixed as US confidence dropsBANGKOK — Asian stock markets were mixed Wednesday as a surprise drop in U.S. consumer confidence sowed new doubts about the pace of economic recovery.
Asia markets lower as US consumer confidence drop sows economic recovery doubtsSeptember 30th, 2009 Asia markets lower as US confidence dropsBANGKOK — Asian stock markets were mostly lower Wednesday as a surprise drop in U.S. consumer confidence sowed new doubts about the pace of economic recovery.
Oil falls to near $71 in Asia as stockpiles linger despite economic recovery signsSeptember 21st, 2009 Oil falls to near $71 in Asia amid weak demandBANGKOK — Oil prices fell to near $71 a barrel Monday in Asia as high crude stockpiles and weak demand tempered enthusiasm about recent signs of improvement in the world's largest economy. Benchmark crude for October delivery was down 88 cents at $71.16 a barrel by late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.
Oil falls below $72 in Asia as stockpiles linger despite economic recovery signsSeptember 21st, 2009 Oil falls below $72 in Asia amid weak demandBANGKOK — Oil prices fell below $72 a barrel Monday in Asia as high crude stockpiles and weak demand tempered enthusiasm about recent signs of improvement in the world's largest economy. Benchmark crude for October delivery was down 40 cents at $71.64 a barrel by midday Bangkok time in electronic trading on the New York Mercantile Exchange.
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 prices hover around $72 in Asia on concerns over slowing US demandAugust 26th, 2009 Oil prices hover at $72 in Asia on demand concernKUALA LUMPUR, Malaysia — Oil prices hovered around $72 a barrel Wednesday in Asia after falling by more than 3 percent overnight, weighed down by concerns over slowing demand in the United States, the world's largest energy consumer. Benchmark crude for October delivery was up 2 cents at $72.07 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
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 price falls on unexpected US consumer confidence dropAugust 14th, 2009 NEW YORK - Oil prices tumbled nearly 5 percent Friday as US consumer confidence fell unexpectedly in August. Oil's losses came after the Reuters/University of Michigan said that the consumer sentiment index decreased in August, boosting doubts about demand recovery and pressuring oil price to its three-week low of $67.12 a barrel.
Oil falls below $66 in Asia as consumer confidence drop, inventories point to weak US demandJuly 29th, 2009 Oil falls below $66 on US consumer confidence dropVIENNA AP) — Oil prices fell below $66 a barrel Wednesday, reflecting weak demand outlook shown by a drop in U.S. consumer confidence and rising crude inventories.
Oil rises above $70 in Asia as a drop in US crude inventories suggests demand pick-upJuly 1st, 2009 Oil rises above $70 as US crude inventories dropSINGAPORE — Oil prices rose above $70 a barrel Wednesday in Asia as a drop in U.S. crude inventories suggested demand may be picking up.
Oil rises to near $71 in Asia as a drop in US crude inventories suggests demand pick-upJuly 1st, 2009 Oil rises to near $71 as US crude inventories dropSINGAPORE — Oil prices rose to near $71 a barrel Wednesday in Asia as a drop in U.S. crude inventories suggested demand may be picking up.
Oil falls to near $57 in Asia as optimism for US rebound wanes amid weak retail sales, housingMay 14th, 2009 Oil falls to near $57 as US recovery hopes waneSINGAPORE — Oil prices fell to near $57 a barrel Thursday in Asia as weak U.S. retail sales and housing figures dampened investor optimism about a fledgling economic turnaround.
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