world oil prices recover in asia

World oil prices recover in Asia

World oil prices recovered in Asian trade Tuesday owing to tensions between Syria and Turkey, but bad news on the regional and global economy fostered an atmosphere of caution.
oil prices rebound as turkey and syria clash

Oil prices rebound as Turkey and Syria clash

Oil prices rose Thursday after four days of losses, aided by worries over clashes on the Syria-Turkey border and a weaker dollar on the eve of keenly-awaited US jobs data, analysts said.
crude turns down in asia on spain worries

Crude turns down in Asia on Spain worries

Crude oil prices turned lower in Asia Tuesday with dealers waiting to see if Spain will ask for a bailout as worries grow about its economy, analysts said.
oil prices rise on middle east friction

Oil prices rise on Middle East friction

Crude oil prices rose modestly Friday as worries over Middle East tensions stoked concerns about supply from the oil-rich region.
oil prices rise on calls for more iran sanctions

Oil prices rise on calls for more Iran sanctions

Crude prices rose in Asia Tuesday after the United States, Britain, France and Germany moved to apply more restrictions and sanctions on Iran over its controversial nuclear programme, analysts said.
oil rises in asia on fed stimulus

Oil rises in Asia on Fed stimulus

Oil prices rallied in Asia Friday as traders celebrated a fresh round of quantitative easing announced by the US Federal Reserve, analysts said.
oil lower in asian trade ahead of fed meeting

Oil lower in Asian trade ahead of Fed meeting

Oil prices slipped in Asian trade Tuesday as sentiment took a hit after an unexpected decline in US consumer credit, analysts said.
oil surges after bernanke speech

Oil surges after Bernanke speech

surged Friday, lifted by a weaker dollar on remarks by and by a slow return of after Hurricane Isaac.
oil prices mixed ahead of bernanke speech

Oil prices mixed ahead of Bernanke speech

closed mixed Thursday after appeared to have left fairly unscathed and ahead of a keenly anticipated speech by Federal Reserve chief .
oil prices drop after g7 call for more production

Oil prices drop after G7 call for more production

Global oil prices eased Wednesday after a call by the Group of Seven nations for to increase output and the US Federal Reserve released a report showing US economic growth dull but not dire.
brent crude oil price hits three month high

Brent crude oil price hits three-month high

Crude prices finished mixed Monday after early jumps, with topping $115 a barrel before settling back for a modest gain.
airlines bid to suspend taxes rejected

Airlines’ bid to suspend taxes rejected

The Ministry of Finance has rejected the proposals of Vietnam Airlines and Jetstar Pacific Airlines to suspend the collection of VAT and environment taxes on jet fuel if the oil price rises to $118 a barrel or more.
oil prices firm amid positive us china data

Oil prices firm amid positive US, China data

US landed flat Thursday after getting an early lift from some slightly buoyant data on the US jobs market, raised demand forecasts from OPEC, and Chinese as well.
oil prices rocket on us jobs data

Oil prices rocket on US jobs data

Global rebounded sharply on Friday as traders digested strong data in top crude consumer the and tracked ongoing tensions over .
bp plunges into net loss in second quarter

BP plunges into net loss in second quarter

said Tuesday that it plunged into a net loss in the second quarter of 2012, hit by lower and a vast $5.0-billion (4.1-billion-euro) writedown on the value of assets.