oil up in asia as un approves libyan air strikes

Oil up in Asia as UN approves Libyan air strikes

World oil prices surged in Asian trade Friday after the United Nations sanctioned air strikes against Libya and France said military action would come within hours.
oil prices dive on japan nuclear disaster fears

Oil prices dive on Japan nuclear disaster fears

Crude oil prices plunged Tuesday as fears grew over a potential nuclear disaster in Japan.
us stocks plunge dow loses 228 points

US stocks plunge: Dow loses 228 points

US stocks plunged Thursday on worries of higher oil prices and slowing economic growth, with the Dow, Nasdaq and S&P 500 indexes all losing more than 1.8 per cent.
oil prices fall on eurozone global concerns

Oil prices fall on eurozone, global concerns

Crude oil prices fell from two-year highs Thursday as traders worried about eurozone debt after a Spain downgrade and disappointing trade figures from the United States and China.
brent oil price bounces above 116 on libya violence

Brent oil price bounces above $116 on Libya violence

Stepped-up fighting in Libya, including the bombing of key oil infrastructure, sent London oil prices back up Wednesday, but higher US crude stockpiles pressed New York prices down slightly.
dollar rises against euro

Dollar rises against euro

The dollar rose modestly against the euro in Asia on Wednesday as oil prices eased and the single currency was overshadowed by renewed eurozone debt concerns, dealers said.
easing oil wall street boost asian stocks

Easing oil, Wall Street boost Asian stocks

Asian stock markets have mostly risen, buoyed by gains on Wall Street and easing world oil prices after Saudi Arabia promised it could offset any supply disruption in the Middle East.
asian markets rise as oil eases

Asian markets rise as oil eases

Asian markets climbed higher on Tuesday as the surge in world oil prices abated at least temporarily, with members of OPEC holding consultations in the light of turmoil in a swathe of Arab states.
new york crude below 105 in asia

New York crude below $105 in Asia

New York crude prices fell below $105 in Asia Tuesday as the United States refused to rule out tapping its oil reserves to ameliorate the impact of high oil prices, analysts said.
oil price spikes to 25 year high on libya unrest

Oil price spikes to 2.5 year-high on Libya unrest

World oil prices shot higher Monday, striking 2.5-year highs on the turmoil in Libya and the Middle East, analysts said.
high oil prices leave us markets flat over week

High oil prices leave US markets flat over week

US investors bounced between the threat of rising oil prices and positive economic indicators to drive their trades as the stock markets ended a punchy week virtually unchanged Friday.
asian stocks up on wall street rebound oil dip

Asian stocks up on Wall Street rebound, oil dip

Asian stock markets pushed higher on Friday, lifted by a strong performance by Wall Street and a slight dip in oil prices.
rising oil prices curb us stock gains

Rising oil prices curb US stock gains

US stocks managed modest gains Wednesday, under pressure from soaring oil prices that stoked fears of a slowdown in the struggling US economic recovery.
dollar holds on to gains amid risk aversion

Dollar holds on to gains amid risk aversion

The dollar held on to gains against the euro and yen in Asia Wednesday as risk aversion gripped markets due to escalating turmoil in the Middle East and North Africa, sending oil prices higher.
asian shares edge higher as oil fears ease

Asian shares edge higher as oil fears ease

Asian stocks were mixed on Tuesday with Tokyo performing strongly after a rally on Wall Street and as oil prices stabilised, although the crisis in the Arab world kept gains in check.