Increasing confidence that the worst of the credit crisis is over boosted world stocks on Monday while inflation concerns grew with oil prices heading towards a barrel. Investors…
World oil prices paused within sight of the $120 level on Thursday after a mixed report on United States energy stockpiles, dealers said. In Asian afternoon trading, New York’s…
Crude oil prices surged above , setting a new record high on Monday because of worries of supply disruptions from major producers and comments by the Organisation of the…
World oil prices touched new record highs above $112 a barrel in Asian trade on Tuesday as supply concerns and a sluggish greenback remained key factors behind the hike, dealers…
Oil rose above on Wednesday, bolstered by expectations United States government data would show crude stocks falling for the seventh consecutive week, and as fresh violence in…
Gold rallied to a seven-week high on Monday and close to a record high of on speculative buying driven by a weak United States dollar and tensions in Pakistan following the…
Oil prices fell again on Monday, adding to last week’s 10% slump, on continued speculation that the producers’ cartel Opec would agree to increase output when it meets on…
Oil bounced back above a barrel on Monday as traders bet last week’s nearly sell-off was overdone, and might turn the tides against an expected increase in output by the…
The price of oil fell back below a barrel on Friday as the market speculated about the chances of an increase in Organisation of the Petroleum Exporting Countries output at the…
Oil prices rose on Friday to regain ground lost in a fall the previous session, as persistent supply concerns and a late rebound in United States stocks offset worries about US…
Oil leaped more than 1% on Thursday, briefly topping for the first time and extending the previous day’s 5% jump after an unexpected sharp fall in United States crude stocks and…
Oil prices jumped to fresh historic highs on Monday, breaching $93 for the first time on mounting concerns about tight energy supplies worldwide, analysts said. Investors pushed…
Oil prices slipped on Wednesday after finishing at a record close in the previous session on worries about tight supplies. Light, sweet crude for October delivery fell six cents…
