oil prices tumble on dim us british data

Oil prices tumble on dim US, British data

Oil prices fell Tuesday after disappointing economic releases in the United States and Britain stirred fears of slowing energy demand.
oil down in asia on talk of opec crude rise

Oil down in Asia on talk of OPEC crude rise

Oil prices fell in Asian trade Tuesday in the wake of OPEC powerhouse Saudi Arabia saying the cartel may boost crude output in tandem with a projected demand increase this year.
oil up in asia ahead of fed meeting

Oil up in Asia ahead of Fed meeting

Oil prices were up in Asian trade Monday as investors awaited the outcome of a Federal Reserve meeting this week, analysts said.
oil turns higher on chinese economic surge

Oil turns higher on Chinese economic surge

Oil prices turned higher in Asian trade Friday as market sentiment was buoyed by strong Chinese economic growth last year, analysts said.
oil prices slide on surprise jump in us inventories

Oil prices slide on surprise jump in US inventories

World oil prices slumped on Thursday as official data showed an unexpected jump in US crude inventories, analysts said.

IEA says high oil prices pose real economic risk

Oil prices near the $100 a barrel level already pose a real economic risk to the world economy, the IEA warned on Tuesday, as it said Chinese daily demand broke through 10 million barrels for the first time.
oil surges close to 100 per barrel

Oil surges close to $100 per barrel

Oil prices moved higher in New York Friday after Brent crude passed the $99 mark for the first time in two years in London trading.
oil price hits two year peak near 99

Oil price hits two-year peak near $99

Oil struck a two-year peak near $99 per barrel here on Wednesday, boosted by plunging American crude reserves, and as the key Trans-Alaskan pipeline remained shut following a leak.

Oil prices surge as Alaska pipeline stays shut

Oil prices surged Tuesday as the Trans Alaska Pipeline, which carries 12 per cent of US production, was shut down for a fourth day.

Oil mixed in Asian trade

Oil prices were mixed in Asian trade Tuesday after plans were announced for an alternative to a crude pipeline in Alaska that was shut down due to a leak, analysts said.

Oil up in Asian trade as pipeline stays shut

Oil prices rose in Asian trade Monday as a trans-Alaska pipeline, which carries an estimated 12 per cent of US crude output, was shut at the weekend, analysts said.

Oil prices slip after late rebound

World oil prices dipped slightly on Thursday, after a late rebound on Wednesday that followed upbeat US labour market data and an unexpectedly big fall in American crude inventories.

Oil prices end slide after drop in US inventories

Oil prices rose on Wednesday, rebounding from earlier declines after news of another big drop in US crude inventories.

Oil prices extend losses after recent surge

World oil prices fell further on Wednesday as investors reacted to strength of the dollar and took profits following a recent rally which took the commodity to two-year highs.

Oil price in 'dangerous zone' for recovery, says IEA: report

Increasing oil prices are entering "a dangerous zone" that could imperil a fragile economic recovery in developed nations this year, the leading energy watchdog warned on Wednesday.