News // Markets & Stocks
"Oil and gas markets are starting to show signs of recovery, but the impact of the recession differs across regions,and the outlook remains very uncertain,' said Nobuo Tanaka, Executive Director of the International Energy Agency (IEA).
24 June 2010 , 09:54OilVoice19330
Oil fell for a third day, trading near the lowest levels since mid June, after the U.S. Fed said the pace of U.S. economic recovery is faltering.
24 June 2010 , 09:09Reuters14650
Oil prices fell for a second day on Wednesday after an industry report showed unexpected gains in U.S. crude and gasoline inventories, while weak U.S. home sales data sent equities lower and dampened risk appetite.
23 June 2010 , 08:48Reuters16860
Kazakhstan’s state-run bailout fund is planning to sell shares in 2017, CEO Kairat Kelimbetov said in an interview.
22 June 2010 , 09:33Bloomberg16470
Oil fell 0.8 percent toward $77 on Tuesday on speculation that a gradual appreciation of the yuan would have a limited impact on China's petroleum imports in the short term.
22 June 2010 , 08:57Reuters16060
Crude prices rose 1.6 percent on Monday to the highest since early May after China vowed to allow a flexible yuan exchange rate, raising expectations of higher crude imports by the world's No. 2 oil user.
21 June 2010 , 08:22Reuters20250
U.S. crude futures extended losses on Friday as sluggish economic indicators raised doubts about the sustainability of a recent acceleration in demand growth by top oil consumer the United States.
18 June 2010 , 08:43Reuters14920
Oil rose above $77 on Wednesday to reach the highest level since mid-May, tracking a recovery in global stock markets as risk appetite returns with easing concern about Europe's economy.
16 June 2010 , 08:33Reuters15890
U.S. oil prices rose Monday, but pared gains after Greece's bonds were downgraded, cutting into optimism about global economic recovery that had fueled the earlier rise.
15 June 2010 , 09:09Reuters17140
Oil slid on Friday following data showing weaker-than-expected Chinese industrial output for May, though investor confidence in the country's growth helped prices hold above $75, headed for a weekly gain of 5 percent.
11 June 2010 , 09:44Reuters16600
Oil pared losses and held above $74 after data showing Chinese overall exports surged in May offset weaker demand readings in top consumer, the United States.
10 June 2010 , 09:19Reuters19290
Shares in BP fell a further 5% on Tuesday after US President Barack Obama launched his most strident attack yet on the oil giant.
09 June 2010 , 08:50BBC News17110
U.S. crude oil futures rose Tuesday, lifted by a euro bounce ahead of inventory data expected to show U.S. crude stocks fell last week.
09 June 2010 , 08:31Reuters16440
Oil edged higher towards $72 on Tuesday as forecasts for a drop in U.S. inventories helped stabilize a volatile market driven by concerns that Europe's debt crisis would cut into energy demand.
08 June 2010 , 08:52Reuters13910
Oil fell to below $70 for the first time in almost two weeks on Monday after disappointing U.S. jobs data and warnings about Hungary's economy re-ignited concern about energy demand growth and Europe's debt crisis.
07 June 2010 , 08:50Reuters18950
Oil slipped on Friday from its highest closing price in three weeks as investors remained skeptical that rising U.S. demand and falling stockpiles would prevail over concerns Europe's debt crisis would worsen.
04 June 2010 , 08:37Reuters16160
Oil advanced for a second day on Thursday to near $74 as robust U.S. economic indicators re-injected some confidence into financial markets and signaled oil inventories at the world's top consumer may shrink.
03 June 2010 , 09:43Reuters13890
Oil prices fell nearly 2 percent in choppy trade Tuesday as the euro slid and Chinese and European data raised concerns about the global economy.
02 June 2010 , 08:29Reuters13940
Oil held above $74 on Tuesday after Chinese factory data signaled sustained growth at the world's second-largest user, outweighing concerns about a potential slowdown in European economy.
01 June 2010 , 08:47Reuters13120
Oil prices rose above $74 a barrel in thin trade on Monday in thin holiday trade as worries about euro zone economic stability fueled the worst monthly loss for the commodity since December 2008.
31 May 2010 , 08:33Reuters14550