oil climbs as supply fears persist

Oil climbs as supply fears persist

World oil prices edged upward Friday as worries persisted that escalating unrest in the oil-rich Middle East and North Africa might choke supply.
us stocks rally as libya jitters ease

US stocks rally as Libya jitters ease

Wall Street stocks piled up steady gains Friday as Libya jitters eased and investors digested easing oil prices and weaker-than-expected data on US economic growth.
asian shares rise as oil prices fall

Asian shares rise as oil prices fall

Asian stocks rose on Friday as oil prices slipped from recent highs after OPEC said it would boost crude output if the Middle East crisis hit supplies, with traders eagerly snapping up bargains.
regional oil fears drive down market

Regional oil fears drive down market

Vietnam’s stock market fell today in line with a drop in most Asian stock markets on oil price hikes.
mideast oil price rise big challenge for airlines

Mideast oil price rise 'big challenge' for airlines

Surging oil prices caused by the political turmoil in the Middle East will create "very, very big challenges" for airlines, an industry body warned Wednesday.
oil prices soar amid libya crisis

Oil prices soar amid Libya crisis

Oil prices soared Tuesday amid deadly violence in Libya, the first major oil exporter to be hit with political turmoil that has spread across the Arab world.
london brent oil price hits 105 on libya violence

London Brent oil price hits $105 on Libya violence

Brent oil prices soared above $105 (£64.76) per barrel on Monday, striking a fresh two-year peak as analysts said deadly violence in Libya had fuelled concerns over spreading unrest in Arab producer states.
oil up in asia as libyan tensions escalate

Oil up in Asia as Libyan tensions escalate

Oil prices surged in Asian trade Monday, with Brent crude passing $103 as escalating tensions in Libya fuelled concerns over instability spreading across the oil-producing Arab states, analysts said.
oil pauses amid simmering geopolitical tensions

Oil pauses amid simmering geopolitical tensions

Oil prices closed lower Friday in New York despite continued tensions in Bahrain, Libya and Yemen and as worries ebbed over about the transit of Iranian warships to the Mediterranean.
oil pushes higher stock markets sluggish in asia

Oil pushes higher, stock markets sluggish in Asia

Oil prices pushed higher in Asia on Thursday as a Japanese minister fretted about the effects of Middle East unrest, while stock markets were mostly underwhelmed by a strong session on Wall Street.
new york oil rebounds amid middle east jitters

New York oil rebounds amid Middle East jitters

Oil prices in New York sharply rebounded Thursday in volatile trade once again dominated by concerns about spreading unrest in the oil-rich Middle East.
oil prices slip after bouncing above 104

Oil prices slip after bouncing above $104

Oil prices ended lower Tuesday after trading up most of the session, with the London-New York price gap narrowing slightly.
oil up in asia

Oil up in Asia

Oil prices climbed in Asian trade Tuesday, bolstered by continued unrest in the Middle East and North Africa and robust Chinese demand, analysts said.
brent crude closes above 103 a barrel

Brent crude closes above $103 a barrel

Oil prices were mixed Monday, as crude fell in New York but surged above $104 a barrel in London to fresh two-year highs on growing concern that Egypt-style unrest could spread in the Middle East.
oil prices mixed after mubarak resigns

Oil prices mixed after Mubarak resigns

Oil prices fell sharply in New York but edged higher in London after Egyptian President Hosni Mubarak was forced out of office after more than two weeks of massive protests calling for his ouster,