United Kingdom
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Wednesday, 7 January 2009
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| View All Articles About 'Oil' |
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| 1. |
Oil rises over $1 to near $69
Oil rose over $1 to near $69 a barrel on Monday, reversing earlier losses of more than $1, as Asian stock markets climbed on signs of improvement in credit markets and the dollar steadied, stiffening investor confidence.
03 Nov 2008 |
| 2. |
Oil drops 3 pct towards $64
Oil fell for a second day on Friday, dropping more than 3 percent towards $64 a barrel and set for its biggest ever monthly loss after weak U.S. economic data refocused attention on falling demand.
31 Oct 2008 |
| 3. |
Oil above $64 to end three day losses
Oil rose above $64 a barrel on Wednesday, ending a three-day losing streak, after stock markets rallied on bargain hunting and hopes that Japan and the U.S. Federal Reserve will cut interest rates to spur growth.
29 Oct 2008 |
| 4. |
Oil turns positive above $64
Oil erased early losses to rise by one dollar to above $64 on Tuesday, tracking a rebound in Asian stock markets as investors returned to buy beaten-down shares.
28 Oct 2008 |
| 5. |
Are airlines a buy now the oil price is down?
Shares in airlines around the world have been battered in 2008 due to the soaring cost of fuel, and have yet to recover despite a halving of the oil price since its $147 a barrel spike in June.
24 Oct 2008 |
| 6. |
Oil falls over 4 percent
Oil fell below $70 a barrel on Wednesday, pressured by a gloomy outlook for the global economy that could limit the impact of any supply cuts OPEC might agree at a meeting on Friday.
22 Oct 2008 |
| 7. |
Asia stocks extend rally as oil rises
Asian stocks rose on Tuesday, boosted by signs that government efforts to push down short-term lending rates were working and comments by Federal Reserve Chairman Ben Bernanke backing more government spending to stimulate the ailing U.S. economy.
21 Oct 2008 |
| 8. |
Oil rises, boosted by expectations of OPEC cut
Oil rose on Monday, supported by expectations OPEC may cut output this week to boost prices that have fallen more than 50 percent in just three months from a record high above $147 a barrel.
20 Oct 2008 |
| 9. |
Oil jumps more than 4 percent on late rally
Oil rose more than $3 on Friday, rebounding from a 15-month low below $70 on a late rally on Wall Street and growing expectations of an OPEC production cut.
17 Oct 2008 |
| 10. |
Stocks and oil drop as global slowdown accelerates
Japan's Nikkei share average tumbled almost 10 percent and oil prices dropped to a one-year low on Thursday after downbeat U.S. economic data spread fears of a more protracted and sharp global slowdown than initially expected.
16 Oct 2008 |
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