Oil holds near $73 in Asia as traders look to crude as inflation hedgeOctober 13th, 2009 Oil holds near $73 in Asia after big jumpSINGAPORE — Oil prices held near $73 a barrel Tuesday in Asia as investors eyed a weakening U.S. dollar and looked to commodities for protection against possible inflation.
Oil rises slightly to above $66 in Asia after jump in US crude supplies sparks 2-day plungeSeptember 24th, 2009 Oil rises above $66 in Asia after 2-day plungeSINGAPORE — Oil prices rose above $66 a barrel Friday in Asia after investor concerns about U.S. crude demand sparked a two-day plunge.
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 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 prices rise as US supplies drop; traders await Fed meeting and watch for affect on dollarJune 24th, 2009 Oil rises as traders await Fed meetingNEW YORK — Oil prices ticked higher Wednesday as U.S. supplies dropped more than expected.
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 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 rises to $72 as investors eye inflation threatJune 19th, 2009 Oil rises to $72 as investors eye inflationOil prices rose to $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 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 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 rises to near $69 a barrel as investors mull economy, US dollarJune 9th, 2009 Oil rises to near $69 as investors weigh outlookOil prices rose to near $69 a barrel Tuesday as traders brushed off concerns that the doubling of crude prices since March is out of step with a weak global economy. Benchmark crude for July delivery was up 67 cents to $68.76 a barrel by midday in Europe in electronic trading on the New York Mercantile Exchange.
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 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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