Content Tagged As oil_prices

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  • Oil prices rise as 'fiscal cliff' talks to resume

    December 26, 2012 3:09 AM

    BANGKOK (AP) - The price of oil rose Wednesday after President Barack Obama indicated he would cut his Christmas holiday short and head to Washington to try to work out a deal to keep the U.S. from heading over the "fiscal cliff." Benchmark oil for February delivery rose 40 cents... more »
  • Oil prices fall on concerns of European economy

    January 6, 2012 11:02 AM

    NEW YORK (AP) - Oil prices are falling as concerns about Europe outweigh positive U.S. employment numbers. Benchmark crude fell 51 cents to $101.30 per barrel in New York. Brent crude lost 37 cents at $112.37 per barrel in London. Oil prices rose earlier after the government reported the U.S.... more »
  • Oil prices rise ahead of Fed's economic forecast

    June 22, 2011 10:38 AM

    Oil prices are rising ahead of an updated economic forecast from the Federal Reserve. Benchmark oil for August delivery rose 55 cents to $94.72 per barrel Wednesday morning on the New York Mercantile Exchange. Brent crude gained $1.38 at $112.35 on the ICE Futures exchange. Federal Reserve Chairman Ben Bernanke... more »
  • Uprising Egypt on the brink of uprising costs

    January 31, 2011 11:13 PM

    The political unrest in Egypt is already being felt right here in Acadiana Oil prices are on the rise and experts say a coup would only raise those prices more. Egypt produces around 600-thousand barrels of oil every day- compare that to the near 10-million barrels Saudi Arabia puts-out and... more »
  • Oil rises to near $82 as China manufacturing grows

    November 1, 2010 5:17 AM

    BANGKOK (AP) Oil prices rose to near $82 a barrel today in Asia as regional stock markets jumped on news that growth in Chinese manufacturing picked up pace in October. Benchmark crude for December delivery was up 41 cents at $81.84 a barrel at late afternoon Bangkok time in electronic... more »
  • Oil drops below $82 ahead of Fed moves, US vote

    October 29, 2010 5:12 AM

    SINGAPORE (AP) Oil prices fell below $82 a barrel today in Asia as traders remain cautious ahead of next week's Federal Reserve meeting and U.S. midterm elections. Benchmark oil for December delivery was down 59 cents at $81.59 a barrel at late afternoon Singapore time in electronic trading on the... more »
  • Oil hovers near $82 on mixed US supply data

    October 28, 2010 5:05 AM

    SINGAPORE (AP) Oil prices hovered near $82 a barrel today in Asia as weekly supply figures gave mixed signs about U.S. crude demand. Benchmark oil for December delivery was up 14 cents at $82.08 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.... more »
  • Oil falls below $82 as US crude supplies rise

    October 27, 2010 5:06 AM

    SINGAPORE (AP) Oil prices sank below $82 a barrel today in Asia after a report showing a surge in U.S. crude supplies undermined optimism that demand is improving. Benchmark oil for December delivery was down 81 cents at $81.74 a barrel at late afternoon Singapore time in electronic trading on... more »
  • Oil falls to near $82 before US crude supply data

    October 26, 2010 5:09 AM

    SINGAPORE (AP) Oil prices slipped to near $82 a barrel today in Asia as traders looked to the latest U.S. crude supply reports for clues about the strength of consumer demand for fuel. Benchmark oil for December delivery was down 30 cents to $82.22 a barrel at late afternoon Singapore... more »
  • Oil hovers below $81 as traders mull Fed moves

    October 22, 2010 5:07 AM

    SINGAPORE (AP) Oil prices hovered below $81 a barrel today in Asia as traders mulled the possible effects of anticipated moves by the U.S. Federal Reserve to spur economic growth. Benchmark oil for December delivery was up 12 cents at $80.67 a barrel at late afternoon Singapore time in electronic... more »
  • Oil falls to near $82 as US dollar strengthens

    October 21, 2010 5:13 AM

    SINGAPORE (AP) Oil prices fell to near $82 a barrel today in Asia as a stronger U.S. currency weighed on crude by making dollar-based commodities more expensive for investors with other currencies. Benchmark oil for December delivery was down 41 cents to $82.13 a barrel at midday Singapore time in... more »
  • Oil back above $80 after diving on China rate hike

    October 20, 2010 7:04 AM

    SINGAPORE (AP) Oil prices rose above $80 a barrel today in Asia, clawing back some of the previous session's steep drop that was triggered by China's surprise interest rate hike. Benchmark oil for November delivery was up 97 cents to $80.46 a barrel at late afternoon Singapore time in electronic... more »
  • Oil falls below $83 as traders mull Fed moves

    October 19, 2010 5:10 AM

    SINGAPORE (AP) Oil prices fell below $83 a barrel today in Asia as investors mull the impact possible Fed measures to boost the U.S. economy would have on crude. Benchmark oil for November delivery was down 48 cents to $82.60 a barrel at late afternoon Singapore time in electronic trading... more »
  • Oil falls below $81 as US dollar rebounds

    October 18, 2010 5:09 AM

    SINGAPORE (AP) Oil prices fell below $81 a barrel today in Asia as a month-long rally loses momentum amid a strengthening U.S. dollar. Benchmark oil for November delivery was down 50 cents to $80.75 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The... more »
  • Oil steady below $83 as stock market rally cools

    October 15, 2010 5:07 AM

    SINGAPORE (AP) Oil prices hovered below $83 a barrel today in Asia as a global stock rally stumbled and the U.S. dollar stabilized. Benchmark oil for November delivery was up 19 cents at $82.88 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.... more »
  • Oil rises to near $84 on US crude supply drop

    October 14, 2010 5:08 AM

    SINGAPORE (AP) Oil prices rose to near $84 a barrel today in Asia as a report showed U.S. crude supplies dropped unexpectedly last week, suggesting demand may be improving. Benchmark oil for November delivery was up 75 cents to $83.76 a barrel at midday Singapore time in electronic trading on... more »
  • Oil rises above $82 amid weaker US dollar

    October 13, 2010 5:07 AM

    SINGAPORE (AP) Oil prices rose above $82 a barrel today in Asia as a weaker U.S. dollar made crude cheaper for investors holding foreign currencies. Benchmark oil for November delivery was up 82 cents to $82.49 a barrel at late afternoon Singapore time in electronic trading on the New York... more »
  • Oil falls to near $81 as stock market rally wanes

    October 12, 2010 5:05 AM

    SINGAPORE (AP) Oil prices fell to near $81 a barrel today in Asia as a global stock market rally stalled ahead of key corporate earnings results. Benchmark oil for November delivery was down 77 cents to $81.44 a barrel at late afternoon Singapore time in electronic trading on the New... more »
  • Oil rises near $83 as investors look to Fed moves

    October 11, 2010 5:21 AM

    SINGAPORE (AP) Oil prices rose to near $83 a barrel today in Asia as investors bet the U.S. central bank will soon take action to bolster a weak economic recovery. Benchmark oil for November delivery was up 27 cents to $82.93 a barrel at late afternoon Singapore time in electronic... more »
  • Oil Prices Rose Wednesday

    October 6, 2010 12:28 PM

    NEW YORK (AP) -Oil prices rose Wednesday as the dollar continued to weaken and stocks held their ground after Tuesday's big rally. Benchmark crude rose $1.07 to $83.89 a barrel on the New York Mercantile Exchange. It gained $1.35 to settle at $82.82 on Tuesday. Gasoline pump prices climbed... more »
  • Oil slips below $81 as European markets slide

    October 4, 2010 5:13 AM

    KUALA LUMPUR, Malaysia (AP) Oil prices slipped below $81 a barrel today as weak European stock markets dampened sentiment. Benchmark oil for November delivery was down 62 cents to $80.96 a barrel at late afternoon Kuala Lumpur time in electronic trading on the New York Mercantile Exchange. The contract gained... more »
  • Oil rises to near $81 on US economy, demand signs

    October 1, 2010 5:12 AM

    SINGAPORE (AP) Oil prices rose to near $81 a barrel today in Asia as traders bet improving signs from the U.S. economy signal a growing appetite for crude. Benchmark oil for November delivery was up 61 cents to $80.59 a barrel at late afternoon Singapore time in electronic trading on... more »
  • Oil hovers below $78 after US crude supply drop

    September 30, 2010 5:15 AM

    SINGAPORE (AP) Oil prices hovered below $78 a barrel today in Asia after strong gains the previous day on a drop in U.S. crude supplies, a sign demand may be improving. Benchmark crude for November delivery was down 2 cents to $77.84 a barrel at late afternoon Singapore time in... more »
  • Oil Prices Rose Wednesday

    September 29, 2010 3:42 PM

    Oil prices rose Wednesday after the government reported inventories fell last week, though supplies remained well above the five-year average. Benchmark crude for November delivery gained $1.20 to settle at $77.86 a barrel on the New York Mercantile Exchange. Meanwhile, the national average for a gallon of regular gasoline didn't... more »
  • Oil rises to near $77 on unexpected US supply fall

    September 29, 2010 5:13 AM

    SINGAPORE (AP) Oil prices rose to near $77 a barrel today in Asia after a report showed U.S. crude supplies dropped last week, suggesting demand may be improving. Benchmark crude for November delivery was up 41 cents to $76.59 a barrel at late afternoon Singapore time in electronic trading on... more »
  • Oil hovers near $75 amid mixed US economic data

    September 24, 2010 5:04 AM

    SINGAPORE (AP) Oil prices hovered near $75 a barrel today in Asia amid mixed U.S. economic indicators suggesting the world's largest consumer of crude remains mired in an uneven recovery. Benchmark crude for November delivery was down 20 cents to $74.98 a barrel at late afternoon Singapore time in electronic... more »
  • Oil hovers below $75 as US crude supplies grow

    September 23, 2010 5:14 AM

    SINGAPORE (AP) Oil prices hovered below $75 a barrel in Asia on today, as rising crude inventories in the U.S. suggest demand remains weak. Benchmark crude for November delivery was down 5 cents to $74.66 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile... more »
  • Oil hovers above $75 after US supplies increase

    September 22, 2010 5:10 AM

    SINGAPORE (AP) Oil prices hovered above $75 a barrel today in Asia after a report showed U.S. supplies unexpectedly rose last week, a sign demand for crude may not be improving. Benchmark crude for November delivery was up 24 cents to $75.21 a barrel at late afternoon Singapore time in... more »
  • Oil slips to near $74 ahead of key Fed meeting

    September 21, 2010 5:05 AM

    SINGAPORE (AP) Oil prices slipped to near $74 a barrel today in Asia as traders looked to a key U.S. central bank meeting later in the day for possible new polices to help boost economic growth. Benchmark crude for October delivery was down 59 cents to $74.27 a barrel at... more »
  • Oil hovers below $74 as traders eye US economy

    September 20, 2010 5:07 AM

    SINGAPORE (AP) Oil prices hovered below $74 a barrel today in Asia as traders look to indicators on the U.S. economy and crude inventories for clues about the strength of demand. Benchmark crude for October delivery was up 5 cents to $73.71 a barrel at late afternoon Singapore time in... more »
  • Oil rises above $75 as stock markets advance

    September 17, 2010 5:26 AM

    SINGAPORE (AP) Oil prices rose above $75 a barrel today in Asia as regional stock markets rose and investors looked to U.S. economic indicators for signs crude demand may be improving. Benchmark crude for October delivery was up 49 cents to $75.06 a barrel at late afternoon Singapore time in... more »
  • Oil falls to near $75 amid high US crude supplies

    September 16, 2010 5:14 AM

    SINGAPORE (AP) Oil prices fell to near $75 a barrel today in Asia amid stubbornly high U.S. crude inventory surpluses even after a drawdown of the stockpile last week. Benchmark crude for October delivery was down 56 cents to $75.46 a barrel at late afternoon Singapore time in electronic trading... more »
  • Oil falls to near $76 as US crude supplies grow

    September 15, 2010 5:06 AM

    SINGAPORE (AP) Oil prices fell to near $76 a barrel today in Asia after a report showed U.S. crude supplies jumped last week, suggesting demand remains tepid. Benchmark crude for October delivery was down 51 cents at $76.29 a barrel at late afternoon Singapore time in electronic trading on the... more »
  • Oil hovers above $77 amid US pipeline leaks

    September 14, 2010 5:11 AM

    SINGAPORE (AP) Oil prices hovered above $77 a barrel today in Asia as a couple of U.S. pipeline leaks disrupted supplies. Benchmark crude for October delivery jumped 21 cents to $77.40 a barrel late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract added 74... more »
  • Oil jumps above $77 on US crude pipeline leak

    September 13, 2010 5:11 AM

    SINGAPORE (AP) Oil prices jumped above $77 a barrel today in Asia, extending gains for a second trading day after a leak forced the closure of a Chicago-area oil pipeline and disrupted supplies to U.S. Midwest refineries. Benchmark crude for October delivery was up 70 cents to $77.15 a barrel... more »
  • Oil climbs to near $76 on economic indicators

    September 10, 2010 5:09 AM

    BANGKOK (AP) Oil prices climbed to near $76 a barrel today in Asia as better economic indicators from Japan to the U.S. boosted confidence that demand for fuel will improve. Benchmark crude for October delivery was up $1.57 to $75.82 a barrel at late afternoon Bangkok time in electronic trading... more »
  • Oil hovers near $75 amid US crude supply drop

    September 9, 2010 5:09 AM

    SINGAPORE (AP) Oil prices hovered near $75 a barrel today in Asia after a report showed U.S. crude inventories fell more than expected, suggesting demand may be improving. Benchmark oil for October delivery was up 1 cent at $74.68 a barrel at midday Singapore time in electronic trading on the... more »
  • Oil falls below $74 on EU bank debt worries

    September 8, 2010 5:12 AM

    SINGAPORE (AP) Oil prices skidded below $74 a barrel today in Asia as traders followed regional stocks down on reports European banks may be saddled with more debt than previously estimated. Benchmark oil for October delivery was down 40 cents at $73.69 a barrel at late afternoon Singapore time in... more »
  • Oil hovers below $74 as Asian stocks gain

    September 2, 2010 5:04 AM

    SINGAPORE (AP) Oil prices hovered below $74 a barrel today in Asia, consolidating a big gain the day before as an Asian and U.S. stock market rally buoyed investor confidence. Benchmark crude for October delivery was down 4 cents to $73.87 a barrel at late afternoon Singapore time in electronic... more »
  • Oil creeps above $72 after big fall on weak demand

    September 1, 2010 5:11 AM

    SINGAPORE (AP) Oil prices rose slightly to above $72 a barrel today in Asia after a steep drop the previous day amid evidence that U.S. crude supplies remain high and demand weak. Benchmark crude for October delivery was up 10 cents to $72.02 a barrel at late afternoon Singapore time... more »
  • Oil falls below $74 as global stock markets slump

    August 31, 2010 5:07 AM

    SINGAPORE (AP) Oil prices fell below $74 a barrel today in Asia, extending losses from the previous session as global stock markets slump after a disappointing U.S. consumer spending number. Benchmark crude for October delivery was down $1.13 to $73.57 a barrel at late afternoon Singapore time in electronic trading... more »
  • Oil hovers near $75 as global stocks rally

    August 30, 2010 5:16 AM

    SINGAPORE (AP) Oil prices hovered near $75 a barrel today in Asia, buoyed by rallying global stock markets and improving investor sentiment. Benchmark crude for October delivery was down 38 cents at $74.79 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The... more »
  • Oil falls to near $73 as stock markets waver

    August 27, 2010 5:05 AM

    KUALA LUMPUR, Malaysia (AP) Oil prices eased in Asia today after two straight days of gains, taking a cue from regional stock markets which were mixed amid expectations of slower U.S. economic growth. Benchmark crude for October delivery was down 22 cents at $73.14 a barrel at late afternoon Kuala... more »
  • Oil falls to near $73 as stock markets waver

    August 27, 2010 5:05 AM

    KUALA LUMPUR, Malaysia (AP) Oil prices eased in Asia today after two straight days of gains, taking a cue from regional stock markets which were mixed amid expectations of slower U.S. economic growth. Benchmark crude for October delivery was down 22 cents at $73.14 a barrel at late afternoon Kuala... more »
  • Oil rises above $73 amid stronger stock markets

    August 26, 2010 5:04 AM

    KUALA LUMPUR, Malaysia (AP) Oil prices extended gains to rise above $73 a barrel today in Asia as regional stock markets advanced and recent sharp losses in crude drew more buyers. Benchmark crude for October delivery was up 72 cents at $73.24 a barrel at late afternoon Kuala Lumpur time... more »
  • Oil rises slightly as economic data tempers gains

    August 25, 2010 5:07 AM

    DATELINE (AP) KUALA LUMPUR, Malaysia (AP) Oil prices rose slightly Wednesday in Asia after a 13 percent fall over three weeks drew buyers but weak economic indicators tempered gains. Benchmark crude for October delivery was up 24 cents at $71.87 a barrel at late afternoon Kuala Lumpur time in electronic... more »
  • Oil rises slightly as economic data tempers gains

    August 25, 2010 5:07 AM

    DATELINE (AP) KUALA LUMPUR, Malaysia (AP) Oil prices rose slightly Wednesday in Asia after a 13 percent fall over three weeks drew buyers but weak economic indicators tempered gains. Benchmark crude for October delivery was up 24 cents at $71.87 a barrel at late afternoon Kuala Lumpur time in electronic... more »
  • Oil falls to near $72 in Asia on economic fears

    August 24, 2010 5:06 AM

    KUALA LUMPUR, Malaysia (AP) Oil prices sank to near $72 a barrel today in Asia as regional markets fell amid fresh concerns about the pace of the global economic recovery. Benchmark crude for October delivery was down 84 cents at $72.26 a barrel at midday Kuala Lumpur time in electronic... more »
  • Oil hovers below $74 amid growth uncertainty

    August 23, 2010 5:10 AM

    KUALA LUMPUR, Malaysia (AP) Oil prices hovered below $74 a barrel today in Asia as uncertainty about the global economy's prospects outweighed possible production disruptions in the Gulf of Mexico due to hurricane season. Benchmark crude for October delivery was down 7 cents to $73.75 a barrel at late afternoon... more »
  • Oil wallows below $75 in Asia on dim economic news

    August 20, 2010 5:08 AM

    KUALA LUMPUR, Malaysia (AP) Oil prices wallowed below $75 a barrel today in Asia as a spate of weak figures on the U.S. economy added to expectations that demand for crude will weaken. Benchmark crude for October delivery edged up 9 cents to $74.52 a barrel at late afternoon Kuala... more »
  • Oil hovers above $75 amid tepid US economy

    August 19, 2010 5:07 AM

    SINGAPORE (AP) Oil prices hovered above $75 a barrel today in Asia amid investor concerns U.S. economic growth will slow in the second half and stymie demand for crude. Benchmark crude for September delivery rose 10 cents to $75.54 a barrel at late afternoon Singapore time in electronic trading on... more »
  • Oil falls on report showing rise in US supplies

    August 18, 2010 5:09 AM

    KUALA LUMPUR, Malaysia (AP) Oil prices fell today in Asia after a report showed U.S. crude supplies swelled last week, indicating demand for fuel may be weakening. Benchmark crude for September delivery was down 46 cents at $75.31 a barrel at late afternoon Kuala Lumpur time in electronic trading on... more »
  • Oil hovers above $75 in Asia amid economic worries

    August 17, 2010 5:06 AM

    KUALA LUMPUR, Malaysia (AP) Oil prices edged up in Asia for the first time in five days today with gains tempered by signs of a slowing global economic recovery that could dent demand for fuel. Benchmark crude for September delivery was up 14 cents to $75.38 a barrel at afternoon... more »
  • Oil hovers under $76 in Asia amid demand doubts

    August 16, 2010 5:14 AM

    BANGKOK (AP) Oil prices hovered under $76 a barrel today in Asia as expectations for stronger fuel demand in the second half were undermined by weaker economic figures from the world's three biggest economies. Benchmark crude for September delivery was up 40 cents at $75.79 a barrel at midafternoon Bangkok... more »
  • Oil rises above $76 as world stocks bounce back

    August 13, 2010 5:07 AM

    SINGAPORE (AP) Oil prices rose above $76 a barrel today in Asia, clawing back some of this week's losses as stock markets rebounded. Benchmark crude for September delivery was up 46 cents at $76.20 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.... more »
  • Oil falls below $78 on signs world economy slowing

    August 12, 2010 5:11 AM

    SINGAPORE (AP) Oil prices fell below $78 a barrel today in Asia, extending losses amid signs the global economy will grow at a slower rate in the second half than previously expected. Benchmark crude for September delivery was down 28 cents at $77.74 a barrel at late afternoon Singapore time... more »
  • Oil falls below $80 as China growth slows

    August 11, 2010 5:06 AM

    SINGAPORE (AP) Oil prices fell below $80 a barrel today in Asia as signs of slowing growth in China and falling stock markets undermined expectations that demand for crude will strengthen. Benchmark crude for September delivery was down 64 cents at $79.61 a barrel at late afternoon Singapore time in... more »
  • Oil Prices Fell Tuesday

    August 10, 2010 12:20 PM

    Oil prices fell Tuesday on more signs of slowing U.S. and global economies, and the Federal Reserve debated the best ways to energize the recovery. Benchmark crude fell $1.24 to $80.24 a barrel in midday trading on the New York Mercantile Exchange. At the pump, the national average for a... more »
  • Oil falls to below $81 ahead of Fed meeting

    August 10, 2010 5:08 AM

    SINGAPORE (AP) Oil prices fell below $81 a barrel today in Asia as investors looked to a Federal Reserve meeting for possible policy changes to boost U.S. economic growth. Benchmark crude for September delivery was down 56 cents at $80.92 a barrel at late afternoon Singapore time in electronic trading... more »
  • Oil sneaks above $81 as stock markets steady

    August 9, 2010 5:09 AM

    BANGKOK (AP) Oil prices rose above $81 a barrel today in Asia, clawing back part of a big fall triggered by weak U.S. jobs figures as regional stock markets steadied. Benchmark crude for September delivery was up 65 cents at $81.35 a barrel at late afternoon Bangkok time in electronic... more »
  • Oil rises above $82 as traders eye US jobs report

    August 6, 2010 5:12 AM

    SINGAPORE (AP) Oil prices rose above $82 a barrel today in Asia ahead of a key employment report that will help investors gauge the strength of the U.S. economy. Benchmark crude for September delivery was up 38 cents to $82.39 a barrel at late afternoon Singapore time in electronic trading... more »
  • Oil hovers above $82 in Asia as rally pauses

    August 5, 2010 5:08 AM

    SINGAPORE (AP) Oil prices hovered above $82 a barrel today in Asia, pausing from a rally that lifted the commodity to a three-month high this week amid positive U.S. corporate earnings and economic figures. Benchmark crude for September delivery was down 19 cents to $82.28 a barrel at late afternoon... more »
  • Oil falls to near $82 on weak US crude demand

    August 4, 2010 5:17 AM

    SINGAPORE (AP) Oil prices fell from a three-month high above $82 a barrel today in Asia after a report showed U.S. crude inventories fell less than expected last week, suggesting demand in the U.S. remains sluggish. Benchmark crude for September delivery was down 46 cents to $82.09 a barrel at... more »
  • Oil hovers above $81 after surging to 3-month high

    August 3, 2010 5:18 AM

    SINGAPORE (AP) Oil prices hovered above $81 a barrel today in Asia after surging stock markets and a weaker dollar helped boost crude to nearly a three-month high. Benchmark crude for September delivery was up 5 cents to $81.39 a barrel at late afternoon Singapore time in electronic trading on... more »
  • Oil pushes above $79 as global stocks gain

    August 2, 2010 5:12 AM

    SINGAPORE (AP) Oil prices rose above $79 a barrel in Asia today as a global stock market rally gave crude traders optimism. Benchmark crude for September delivery was up 44 cents to $79.39 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The... more »
  • Oil falls to near $78 as global stocks drop

    July 30, 2010 5:09 AM

    SINGAPORE (AP) Oil prices fell to near $78 a barrel today in Asia as the region's stock markets dropped on dour economic figures from Japan ahead of a key U.S. growth report. Benchmark crude for September delivery was down 35 cents to $78.01 a barrel at late afternoon Singapore time... more »
  • Oil falls to near $78 as global stocks drop

    July 30, 2010 5:09 AM

    SINGAPORE (AP) Oil prices fell to near $78 a barrel today in Asia as the region's stock markets dropped on dour economic figures from Japan ahead of a key U.S. growth report. Benchmark crude for September delivery was down 35 cents to $78.01 a barrel at late afternoon Singapore time... more »
  • Oil hovers near $77 on US economy, crude demand

    July 29, 2010 5:09 AM

    SINGAPORE (AP) Oil prices hovered near $77 barrel today in Asia amid signs of a slowing U.S. economy and weak demand for crude. Benchmark crude for September delivery was up 16 cents at $77.15 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The... more »
  • Oil hovers near $77 on US economy, crude demand

    July 29, 2010 5:09 AM

    SINGAPORE (AP) Oil prices hovered near $77 barrel today in Asia amid signs of a slowing U.S. economy and weak demand for crude. Benchmark crude for September delivery was up 16 cents at $77.15 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The... more »
  • Oil hovers above $77 after surprise US supply jump

    July 28, 2010 5:08 AM

    SINGAPORE (AP) Oil prices hovered above $77 a barrel today in Asia after a report showed U.S. crude supplies unexpectedly rose last week, suggesting demand remains weak. Benchmark crude for September delivery was unchanged at $77.50 a barrel at late afternoon Singapore time in electronic trading on the New York... more »
  • Oil hovers above $77 after surprise US supply jump

    July 28, 2010 5:08 AM

    SINGAPORE (AP) Oil prices hovered above $77 a barrel today in Asia after a report showed U.S. crude supplies unexpectedly rose last week, suggesting demand remains weak. Benchmark crude for September delivery was unchanged at $77.50 a barrel at late afternoon Singapore time in electronic trading on the New York... more »
  • Oil hovers at $79 as traders eye equities, demand

    July 27, 2010 5:05 AM

    SINGAPORE (AP) Oil prices hovered for a second day near $79 a barrel today in Asia as investors weighed a three-day stock market rally against signs of sluggish U.S. crude demand. Benchmark crude for September delivery was down 18 cents at $78.80 a barrel at late afternoon Singapore time in... more »
  • Oil hovers at $79 as traders eye equities, demand

    July 27, 2010 5:05 AM

    SINGAPORE (AP) Oil prices hovered for a second day near $79 a barrel today in Asia as investors weighed a three-day stock market rally against signs of sluggish U.S. crude demand. Benchmark crude for September delivery was down 18 cents at $78.80 a barrel at late afternoon Singapore time in... more »
  • Oil hover near $79 as stocks extend rally

    July 26, 2010 5:07 AM

    SINGAPORE (AP) Oil prices hovered near $79 a barrel today in Asia as regional stock markets extended a rally from last week amid improving investor optimism. Benchmark crude for September delivery was down 20 cents at $78.76 a barrel at late afternoon Singapore time in electronic trading on the New... more »
  • Oil stays above $79 on stocks, Gulf storm

    July 23, 2010 5:09 AM

    SINGAPORE (AP) Oil prices held above $79 a barrel today in Asia as stock markets rallied and a storm threatened oil operations in the Gulf of Mexico. Benchmark crude for September delivery was down 1 cent at $79.29 a barrel at late afternoon Singapore time in electronic trading on the... more »
  • Oil hovers below $77 on US supplies, equities

    July 22, 2010 5:08 AM

    SINGAPORE (AP) Oil prices hovered below $77 a barrel today in Asia as growing U.S. crude supplies and weak stock markets undermined investor optimism. Benchmark crude for September delivery was up 23 cents to $76.78 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile... more »
  • Oil hovers below $78 after small crude supply drop

    July 21, 2010 5:02 AM

    SINGAPORE (AP) Oil prices hovered below $78 a barrel today in Asia after a report showed U.S. crude supplies fell less than expected last week, suggesting demand for fuel remains tepid. Benchmark crude for September delivery was down 10 cents to $77.48 a barrel at midday Singapore time in electronic... more »
  • Oil hovers below $77 amid mixed signs on economy

    July 20, 2010 5:08 AM

    SINGAPORE (AP) Oil prices hovered below $77 a barrel today in Asia as crude traders wait for clearer signals on the strength of the global economy and stock markets. Benchmark crude for August delivery was up 18 cents to $76.72 a barrel at late afternoon Singapore time in electronic trading... more »
  • Oil prices fall below $76 as traders eye equities

    July 19, 2010 5:19 AM

    SINGAPORE (AP) Oil prices fell to below $76 a barrel today in Asia as traders eyed falling global stock markets ahead of more key corporate earnings reports this week. Benchmark crude for August delivery was down 30 cents to $75.71 a barrel at late afternoon Singapore time in electronic trading... more »
  • Oil hovers below $77 as US equities, economy mixed

    July 16, 2010 5:13 AM

    SINGAPORE (AP) Oil prices hovered below $77 a barrel today in Asia as traders eyed steady stock markets amid a sluggish U.S. economic recovery. Benchmark crude for August delivery was down 4 cents to $76.58 a barrel in the late afternoon Singapore time in electronic trading on the New York... more »
  • Oil falls below $77 amid mixed US demand signals

    July 15, 2010 5:08 AM

    SINGAPORE (AP) Oil prices fell below $77 a barrel today in Asia amid mixed signals about the strength of U.S. crude demand. Benchmark crude for August delivery was down 29 cents to $76.75 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The... more »
  • Oil hovers above $77 as US crude supplies rise

    July 14, 2010 5:12 AM

    SINGAPORE (AP) Oil prices hovered above $77 a barrel today in Asia after a report showed U.S. crude supplies rose unexpectedly last week, suggesting demand remains lackluster. Benchmark crude for August delivery was up 9 cents to $77.24 a barrel at late afternoon Singapore time in electronic trading on the... more »
  • Oil extends losses, drops below $75

    July 13, 2010 5:08 AM

    SINGAPORE (AP) Oil prices fell below $75 a barrel today in Asia as investors looked for fresh signs of a growing U.S. economy from second quarter corporate earnings reports. Benchmark crude for August delivery was down 37 cents to $74.58 a barrel at late afternoon Singapore time in electronic trading... more »
  • Oil falls to near $75 ahead of US company earnings

    July 12, 2010 5:15 AM

    SINGAPORE (AP) Oil prices fell to near $75 a barrel today in Asia as investors looked to the start of second quarter company earnings reports this week for clues about the strength of the U.S. economy. Benchmark crude for August delivery was down 76 cents to $75.33 a barrel at... more »
  • Oil rises to $76 amid optimism on global economy

    July 9, 2010 5:19 AM

    SINGAPORE (AP) Oil prices rose to near $76 a barrel today in Asia, following stock markets higher as confidence rose the global economic recovery remains intact. Benchmark crude for August delivery was up 25 cents to $75.69 a barrel at late afternoon Singapore time in electronic trading on the New... more »
  • Oil rises to near $75 on global stock rally

    July 8, 2010 5:09 AM

    SINGAPORE (AP) Oil prices climbed to near $75 a barrel today in Asia, extending big gains from the previous session as global stock markets rallied. Benchmark crude for August delivery was up 73 cents to $74.80 a barrel at midday Singapore time in electronic trading on the New York Mercantile... more »
  • Oil hovers below $72 ahead of US crude supply data

    July 7, 2010 5:10 AM

    SINGAPORE (AP) Oil prices hovered below $72 a barrel today in Asia as traders look to weekly crude supply data for signs of recovering U.S. demand. Benchmark crude for August delivery was down 26 cents to $71.72 a barrel at late afternoon Singapore time in electronic trading on the New... more »
  • Oil rises to near $73 as stocks, euro gain

    July 6, 2010 5:07 AM

    SINGAPORE (AP) Oil prices rose to near $73 a barrel today in Asia, joining gains in stock markets and the euro. Benchmark crude for August delivery was up 42 cents to $72.55 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract... more »
  • Oil hovers near $73 as traders eye US jobs report

    July 2, 2010 5:11 AM

    SINGAPORE (AP) Oil prices hovered near $73 a barrel today in Asia as investors look to the monthly U.S. jobs report for clues about the strength of global crude demand. Benchmark crude for August delivery was up 15 cents to $73.10 a barrel at late afternoon Singapore time in electronic... more »
  • Oil falls below $75 as equities hurt confidence

    July 1, 2010 5:08 AM

    SINGAPORE (AP) Oil prices fell below $75 a barrel today in Asia as falling global stock markets dragged down the confidence of crude investors. Benchmark crude for August delivery was down $1.10 to $74.53 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.... more »
  • Oil hovers near $76 as stock markets sell off

    June 30, 2010 5:12 AM

    SINGAPORE (AP) Oil prices hovered near $76 a barrel today in Asia as plunging stock markets undermined the confidence of crude traders, offsetting signs of improving U.S. demand. Benchmark crude for August delivery was up 28 cents to $76.22 a barrel at late afternoon Singapore time in electronic trading on... more »
  • Oil tumbles below $77 as hurricane fears ease

    June 29, 2010 5:08 AM

    SINGAPORE (AP) Oil prices tumbled below $77 a barrel today in Asia on signs Tropical Storm Alex would likely miss most of the rigs in the Gulf of Mexico, leaving supplies undisrupted. Benchmark crude for August delivery was down $1.69 to $76.56 a barrel at late afternoon Singapore time in... more »
  • Oil falls toward $78 as traders eye Gulf storm

    June 28, 2010 5:14 AM

    SINGAPORE (AP) Oil prices dropped slightly to near $78 a barrel to in Asia as traders kept a close eye on damage a possible hurricane could cause rigs in the Gulf of Mexico this week. Benchmark crude for August delivery was down 25 cents to $78.61 a barrel at late... more »
  • Oil drops to near $76 amid new economic jitters

    June 25, 2010 5:06 AM

    KUALA LUMPUR, Malaysia (AP) Oil prices fell to near $76 a barrel today in Asia as regional stock markets tumbled amid concerns over the pace of the global economic recovery. Benchmark crude for August delivery was down 13 cents to $76.38 a barrel at late afternoon Kuala Lumpur time in... more »
  • Oil falls to near $76 amid signs US economy weak

    June 24, 2010 5:06 AM

    SINGAPORE (AP) Oil prices fell to near $76 a barrel today in Asia amid signs the U.S. economic recovery and demand for crude remain uneven. Benchmark crude for August delivery was down 26 cents to $76.09 a barrel at late afternoon Singapore time in electronic trading on the New York... more »
  • Oil hovers below $78 after US crude supplies jump

    June 23, 2010 5:07 AM

    SINGAPORE (AP) Oil prices hovered below $78 a barrel today in Asia after a report showed an unexpected jump in U.S. crude supplies, suggesting a recovery in demand remains uneven. Benchmark crude for August delivery was down 27 cents to $77.58 a barrel at midday Singapore time in electronic trading... more »
  • Oil falls to near $77 as 4-week rally stalls

    June 22, 2010 5:13 AM

    SINGAPORE (AP) Oil prices fell to near $77 a barrel today in Asia as investors mulled whether the global economy is strong enough to justify extending a four-week rally. Benchmark crude for July delivery was down 57 cents to $77.25 a barrel at late afternoon Singapore time in electronic trading... more »
  • Oil jumps above $78 as China lifts currency peg

    June 21, 2010 5:15 AM

    SINGAPORE (AP) Oil prices jumped above $78 a barrel today in Asia as China's move to end its two-year peg to the dollar boosted investor confidence. Benchmark crude for July delivery was up $1.25 to $78.43 a barrel at late afternoon Singapore time in electronic trading on the New York... more »
  • Oil hovers near $75 amid improving economic news

    June 11, 2010 5:13 AM

    BANGKOK (AP) Oil prices hovered near $75 a barrel today in Asia after a big jump the day before as China's booming trade and lower U.S. jobless claims lifted stock markets and confidence in the global economic recovery. Benchmark crude for July delivery was down 54 cents at $74.94 a... more »

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