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 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 falls below $71 as stockpiles linger despite economic recovery signsSeptember 21st, 2009 Oil falls below $71 amid weak demandVIENNA — Oil prices slipped below $71 a barrel Monday 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 $1.25 at $70.79 a barrel by noon European electronic trading on the New York Mercantile Exchange.
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 to near $71 in midday European trading on signs of faltering demandAugust 27th, 2009 Oil falls to near $71 on recovery worryLONDON — Oil prices fell to near $71 a barrel on Thursday, dragged down by signs of faltering U.S. crude demand and concerns the global economic recovery will be weak.
Oil falls to near $72 in Asia as mixed US economic data suggest slow recoveryAugust 21st, 2009 Oil falls to near $72 amid mixed US economic dataSINGAPORE — Oil prices fell to near $72 a barrel Friday in Asia as mixed economic data from the U.S. point to a slow recovery.
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 below $71 in Asia after rally fueled by signs of improving US economyAugust 4th, 2009 Oil falls below $71 after big rallyOil prices fell below $71 a barrel Tuesday, as investors booked profits after a big rally fueled by signs of economic recovery in the U.S. By midday in Europe, benchmark crude for September delivery was down 92 cents to $70.66 a barrel 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.
Mexican president sees signs of economic recoveryAugust 4th, 2009 MEXICO - Mexican President Felipe Calderon has said there were signs of recovery of the country's economy, and described the world economic crisis as a perfect storm, Prensa Latina reported Tuesday. Calderon made the comments Sunday and added that despite the fact that the economic crisis has led to a reduction in 10 percent of the gross domestic product, there are already some signs of recovery, such as the creation of 20,000 jobs in June.
Oil falls below $64 in Asia, extending 13 pct tumble in past week amid sluggish global economyJuly 7th, 2009 Oil falls below $64, extending past week's plungeSINGAPORE — Oil prices fell below $64 a barrel Tuesday in Asia extending a 13 percent drop over the last week on investor doubts about a global economic recovery. Benchmark crude for August delivery fell 43 cents to $63.58 a barrel by afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
ADB: Asia set for mild economic recovery in 2010, sustained growth will take longerJuly 2nd, 2009 ADB: Asia set for mild economic recovery in 2010MANILA, Philippines — Asia is set for a mild economic recovery from the global financial crisis in 2010 after bottoming out this year, the Asian Development Bank's chief economist said Thursday. "Clearly now we are in the transition from recession to recovery," Jong-Wha Lee said.
IMF: Asia could see 'modest recovery' in 2010, boosted by stronger export demand, stimulusApril 22nd, 2009 IMF says Asia could see 'modest recovery' in 2010BEIJING — The International Monetary Fund says Asian economies could see a modest recovery next year, boosted by stronger export demand and stimulus spending. Trade-driven Asia has been hit harder than expected by the worst global downturn since the 1930s.
Global airfreight, passenger volume drop sharply: aviation bodyMarch 25th, 2009 KUALA LUMPUR - International demand for air cargo recorded a severe dip of 25 per cent for the first two months of 2009, compared to the corresponding period last year, following a crisis in world trade activities, the Association of Asia Pacific Airlines, or AAPA, said Wednesday. Asia Pacific airlines also suffered a drop in passenger volume for the first two months, recording a total of 22.6 million passengers or a plunge of 10.5 percent compared to last year.
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