BANGKOK (AP) — Oil prices fell below $98 per barrel Friday in Asia as uncertainty surrounded the outcome of a critical meeting of Europe's leaders aimed at solving the continent's debt crisis.
Benchmark crude for January delivery was down 49 (...)
BANGKOK — Oil rose to near $78 a barrel Wednesday in Asia amid hopes that Europe will contain the debt crisis that has engulfed Greece and threatens to destabilize other countries that use the euro.
Benchmark crude for November delivery was up (...)
BANGKOK — Oil slid below $77 a barrel Tuesday in Asia as fears intensified that Greece may not be able to crawl out from beneath a mountain of debt without defaulting.
Benchmark crude for November delivery was down 92 cents to $76.70 per barrel (...)
BANGKOK — Oil prices extended losses Monday as Europe's debt crisis continued to roil markets and falling personal incomes in the U.S. suggested slack demand for fuel.
Benchmark oil for November delivery was down $1.17 to $78.03 a barrel at early (...)
BANGKOK — Oil prices inched higher Friday as recession alarm bells quieted following a glimmer of positive U.S. economic news and steps in Europe toward controlling its debt crisis.
Benchmark crude was up 32 cents to $82.47 per barrel at midday (...)
BANGKOK — Oil rose above $81 a barrel Tuesday in Asia, following stock markets higher amid hopes that Europe was finally girding for a major program to prevent debt-strapped Greece from going bankrupt.
Benchmark oil for November delivery was up (...)
BANGKOK — Oil prices fell to near $79 a barrel Monday in Asia as markets awaited Europe's next moves to tackle a prolonged debt crisis that threatens to drag the continent into recession.
Benchmark oil for November delivery was down 75 cents to (...)
BANGKOK — Investors across the globe continued to dump stocks Friday as weak economic indicators from major nations including China intensified fears of a new recession
In Asia, losses were broad-based but less severe than in the U.S. and Europe. (...)
BANGKOK (AP) — Asian stocks floundered Tuesday as investors digested a credit downgrade slapped on Italy and awaited the outcome of a two-day Federal Reserve meeting that many hope will announce measures to boost U.S. growth.
Oil prices hovered (...)
BANGKOK — Asian stock markets continued their slump Thursday but European shares clawed back ground as traders awaited data that they hoped would show a brighter employment picture in the U.S.
Oil prices hovered below $83 a barrel, while the (...)
BANGKOK (AP): Asian stock markets posted muted gains Tuesday, held in check by worries over Greece's deepening debt problems.
Oil prices fell below $101 a barrel after a big jump the day before as traders anticipated a further rise in weekly U.S. (...)
BANGKOK: Assurances from the Federal Reserve that the U.S. economic recovery is still on track helped support world markets Thursday, despite some bleak economic data from post-earthquake Japan.
Oil prices rose above $113 a barrel to the highest (...)
BANGKOK (AP): Rising oil prices and anticipation that China might tighten monetary policy yet again to combat inflation kept Asian stock markets in check on Monday.
Oil prices rose to near $113 a barrel after Libyan rebels in control of key oil (...)