Last Updated: Friday, October 18, 2013, 09:55
Oil prices rose in Asian trade today on upbeat economic growth data from China, but concerns over the stop-gap deal to avert a disastrous US debt default capped gains, analysts said.
Last Updated: Thursday, October 17, 2013, 09:09
Oil prices eased in Asian trade Thursday as investors booked profits from a rally inspired by an 11th-hour deal in the United States to raise the country`s debt ceiling.
Last Updated: Wednesday, October 09, 2013, 10:27
Oil prices edged lower in Asian trade on Wednesday with little progress made in ending the bitter US government shutdown that has sparked fears of a chaotic debt default, analysts said.
Last Updated: Monday, October 07, 2013, 10:33
Oil prices edged lower in Asian trade on Saturday on growing concerns the US budget crisis could spiral into a devastating debt default and ravage the global economy.
Last Updated: Wednesday, September 04, 2013, 12:14
Oil for September delivery moved down by Rs 132, or 1.76 percent to Rs 7,375 per barrel in a turnover of 12,442 lots.
Last Updated: Monday, September 02, 2013, 09:44
"Investors are sitting back for now after President Obama's decision to take the decision on a Syrian intervention to US lawmakers," Desmond Chua, market analyst at CMC Markets in Singapore said.
Last Updated: Tuesday, August 27, 2013, 10:13
Oil rose in Asian trade on Tuesday on concerns over possible US military action against Syria after Washington warned President Bashar al-Assad's regime it would face action over an alleged chemical weapons attack.
Last Updated: Monday, August 26, 2013, 09:24
New York's main contract, West Texas Intermediate for delivery in October, rose 36 cents to USD 106.78 in mid-morning trade, and Brent North Sea crude for October added nine cents to USD 111.13.
Last Updated: Friday, August 23, 2013, 09:30
Oil prices climbed in Asian trade on Friday as upbeat manufacturing data from around the world fuelled hopes of firmer global demand.
Last Updated: Monday, August 05, 2013, 09:35
New York's main contract, West Texas Intermediate for delivery in September, shed two cents to USD 106.92 a barrel in morning trade, and Brent North Sea crude for September rose nine cents to USD 109.04.
Last Updated: Wednesday, July 31, 2013, 09:36
"The Fed continues to hold investors' attention," Kelly Teoh, market strategist at IG Markets Singapore said in a note.
Last Updated: Monday, July 29, 2013, 10:02
"Federal Reserve officials (are) meeting this week and as ever all eyes will be on its post-meeting statement on Wednesday," said Kenny Kan, market analyst at CMC Markets said in a note.
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