Oil prices rise ahead of US stockpiles report

Dealers are also eyeing a possible thawing of ties between the US and oil producer Iran.

Oil prices rise in Asia, eyes on Syria crisis

Oil prices inched higher in Asian trade on Friday ahead of the release of US jobs figures and on concerns about a possible US-led strike on Syria, analysts said.

Oil prices down in Asian trade

Oil prices eased in Asian trade today on receding fears of an immediate US intervention in Syria but upbeat global economic data capped losses, analysts said.

Oil prices slip as Libyan production bounces

New York's main contract, West Texas Intermediate for delivery in September, was down 30 cents to USD 106.26 a barrel in morning trade, and Brent North Sea crude for September shed 16 cents to USD 108.54.

Oil prices up after US Fed meeting

Investors were also cheered by better-than-expected US growth figures for the April-June period, fuelling hopes for a pick-up in energy demand.

Oil prices down in Asian trade

New York's main contract, West Texas Intermediate for delivery in September, was down 27 cents at USD 104.28 a barrel in mid-morning trade, and Brent North Sea crude for September eased 13 cents to USD 107.32.

Oil extends losses in Asian trade

"We are seeing a continuation of last night's pullback in crude prices over the weak Chinese data," Michael McCarthy, chief market strategist at CMC Markets in Sydney, said.

Oil prices dip after weak China data

Banking giant HSBC said its preliminary purchasing managers index (PMI) for China hit an 11-month low of 47.7 for July, down from 48.2 in June.

Oil prices higher in Asia

New York's main contract, West Texas Intermediate (WTI) for delivery in September, was up 22 cents at USD 107.16 a barrel, while Brent North Sea crude for September rose 15 cents to USD 108.30.

Oil prices slip in Asia ahead of US stockpiles data

"Trading is very quiet at the moment, and there's nothing major for traders to cling on to make a move," Michael McCarthy, chief market strategist at CMC Markets in Sydney, said.

Oil prices edge higher in Asian trade

"Investors think there is potential for the US crude stockpiles to dip further, and that is putting upward pressure on prices," Jason Hughes, head of sales trading at CMC Markets in Singapore, said.