Oil prices hovers above $71 in Asia as US dollar reboundsOctober 9th, 2009 Oil prices hovers above $71 as US dollar gainsSINGAPORE — Oil prices hovered above $71 a barrel Friday in Asia as the U.S. dollar rebounded.
Oil holds below $71 in Asia as investors eye stock markets, US Fed meetingAugust 11th, 2009 Oil holds below $71 ahead of US Fed meetingSINGAPORE — Oil prices held below $71 a barrel Tuesday in Asia as crude investors joined a pause in a stock market rally ahead of a U.S. central bank meeting.
Oil jumps above $73 in Asia, 8-month high, on weaker dollar, Nigeria attacksJune 30th, 2009 Oil jumps above $73 on dollar fall, Nigeria attackSINGAPORE — Oil prices jumped above $73 a barrel Tuesday in Asia as a weakening U.S. dollar and attacks on oil installations in Nigeria helped push prices to eight-month highs.
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 rises to near $72 in Asia as investors eye inflation threatJune 19th, 2009 Oil rises to near $72 as investors eye inflationOil prices rose to near $72 a barrel on Friday amid concerns that massive U.S. fiscal spending will spark inflation down the road, making oil and other commodities attractive investment alternatives.
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 holds above $72 in Asia as investors look to improving economic dataJune 12th, 2009 Oil holds above $72 as economic recovery eyedSINGAPORE — Oil prices held above $72 a barrel Friday in Asia, just below an 8-month high, as investors eyed signs a global recession may be easing. Benchmark crude for July delivery fell 62 cents to $72.06 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Oil climbs above $72 in Asia on investor optimism for an economic recoveryJune 11th, 2009 Oil climbs above $72 on economic recovery hopesSINGAPORE — Oil prices climbed above $72 a barrel Thursday in Asia as investor optimism about a global economic recovery pushed crude to fresh highs for the year. Benchmark crude for July delivery rose was up 72 cents at $72.05 by early afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Oil closes in on $71 in Asia as 3-month rally pushes crude to 2009 highJune 10th, 2009 Oil rises to near $71 in Asia, hitting 2009 highSINGAPORE — Oil prices closed in on $71 a barrel Wednesday in Asia, reaching a 2009 high, as investors poured money into the commodity as a hedge against a weakening U.S. dollar and inflation.
Oil soars above $71 in Asia as 3-month rally pushes crude to 2009 highJune 10th, 2009 Oil soars above $71 in Asia, hitting 2009 highSINGAPORE — Oil prices soared above $71 a barrel Wednesday in Asia, reaching a 2009 high, as investors poured money into the commodity as a hedge against a weakening U.S. dollar and inflation.
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 jumps above $69 in Asia as investors mull economy, US dollarJune 9th, 2009 Oil jumps above $69 amid 3-month rallySINGAPORE — Oil prices rose above $69 a barrel Tuesday in Asia as traders brushed off concerns that the doubling of crude since March is out of step with a weak global economy. Benchmark crude for July delivery was up 98 cents at $69.07 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Oil hovers above $68 in Asia as investors seek protection from inflation, weakening dollarJune 3rd, 2009 Oil hovers above $68 as traders eye weaker dollarSINGAPORE — Oil prices hovered above $68 a barrel Wednesday in Asia near a seven-month high as investors sought a safe haven in commodities from a weaker U.S. dollar and inflation.
Oil slides below $68 in Asia as investors watch economic recovery, inflationJune 2nd, 2009 Oil slides below $68 as investors eye inflationVIENNA — Oil prices slipped below $68 a barrel Tuesday as traders took profits on recent gains, which were driven by speculation that a massive global fiscal stimulus could spark an economic recovery and inflation. Benchmark crude for July delivery was down 64 cents to $67.94 a barrel by afternoon in European electronic trading on the New York Mercantile Exchange.
Oil stays above $68 in Asia as investors watch economic recovery, inflationJune 2nd, 2009 Oil stays above $68 as investors eye inflationSINGAPORE — Oil prices lingered above $68 a barrel Tuesday in Asia after doubling since March on investor expectations that a massive global fiscal stimulus could spark an economic recovery and inflation. Benchmark crude for July delivery was down 43 cents to $68.15 a barrel by midday in Singapore in electronic trading on the New York Mercantile Exchange.
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