News // Markets & Stocks
Oil jumped 4 percent on Thursday and posted its biggest two-day gain since mid-August as China's assurance about its euro-zone investments sparked a global rebound in equities and fed more bets for riskier assets.
28 May 2010 , 08:29Reuters14000
Oil rose by almost 3 per cent on Wednesday to climb back above $70 a barrel after a US industry report showed a steep drop in gasoline stockpiles in the world’s largest energy consumer.
27 May 2010 , 09:34Thenews.com12010
Oil fell more than 2 percent on Tuesday as investors fled from riskier assets to dollar safety on growing concerns that the European debt crisis could worsen and damage the still fragile global economic recovery.
26 May 2010 , 08:12Reuters19470
Oil fell below $70 a barrel on Tuesday on growing concern that Europe's debt crisis would derail the global economic recovery, prompting investors to sell riskier assets in a flight to dollar safety.
25 May 2010 , 08:22Reuters19490
Oil prices snapped three straight sessions of decline and rose slightly to hover above $70 a barrel on Monday, but analysts said sentiment remain fragile and prices could be again be hit by macroeconomic pessimism.
24 May 2010 , 09:16Reuters11060
U.S. oil prices dropped to near $70 on Friday, after falling the previous day for a seventh time in eight sessions, on unabated fears that Europe's debt crisis could hurt global economic growth and slow energy demand.
21 May 2010 , 08:41Reuters10920
Oil stood above $70 a barrel on Thursday, extending its gains of the previous day, propped up by a smaller-than-expected rise in U.S. crude stocks and gains in the euro currency.
20 May 2010 , 08:51Reuters14560
The euro fell to new four-year lows against the U.S. dollar Tuesday amid fears Europe's debt crisis will cut into economic growth and leave European banks vulnerable.
19 May 2010 , 08:17CBC News13510
Oil rose above $70 a barrel on Tuesday in a cautious rebound after hitting a five month low the previous day on concerns about the health of the global economy.
18 May 2010 , 08:40Reuters13340
Oil fell below $70 a barrel on Monday, to its lowest in more than three months, extending a loss of nearly 17 percent over the past two weeks on fears over Europe's debts, the weak euro and swollen U.S. oil inventories.
17 May 2010 , 09:36Reuters12390
US crude tumbled for a fourth straight session today, within cents of three-month lows below $74, on concern that the European debt crisis will curb global growth and energy demand.
14 May 2010 , 11:51Upstream16360
Oil was steady on Thursday, with the front-month U.S. contract holding above $75, as rising stock markets in Asia reflected greater confidence that the eurozone will contain Greece's debt crisis.
13 May 2010 , 08:19Reuters23340
Stocks and the ruble gained the most in more than four months on Tuesday, as trading resumed after a public holiday that saw emerging markets rally the most in a year on Europe’s aid package for Greece.
12 May 2010 , 08:17Bloomberg13430
Oil prices rebounded to above $77 a barrel Monday in Asia from last week's 14 per cent sell-off after Europe and the IMF pledged nearly $1 trillion to help defend the embattled euro.
11 May 2010 , 08:49Stockhouse17260
Asian stock markets have fallen sharply during morning trading, amid investor fears that Greece's debt crisis could halt the global economic recovery.
07 May 2010 , 08:44BBC News11630
Mounting worries about spreading European debt crisis on Tuesday dampened market enthusiasm for recovery and sent energy commodities diving.
05 May 2010 , 08:43People's Daily Online15930
Oil fell towards $83 after soaring U.S. inventories signalled demand in the world's top energy user is lagging the recovery in the global economy.
22 April 2010 , 08:47Reuters12380
Oil prices fell again Monday on worries that fraud charges against Goldman Sachs could prompt a retreat from energy commodities to more safe-haven investments.
20 April 2010 , 10:33The Star12710
Oil prices fell sharply on Friday, dampened by an unexpected fall in a US consumer sentiment and fraud charges slapped on top Wall Street investment firm Goldman Sachs.
19 April 2010 , 10:22AAP9000
Global oil demand will rise by 1.67 million barrels per day (bpd) in 2010, 100,000 bpd more than previously forecast, the International Energy Agency (IEA) said on Tuesday.
14 April 2010 , 08:54Reuters11810