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Oil prices extend gains in Asia

oil-prices

Oil prices rose in Asia Monday, lifted by a surge in equities following last week’s sharp gains on Wall Street, but analysts said prices remain weighed by weak demand in an oversupplied market.

Posted: October 20th, 2014 in Latest Business Stories | Read More »

Oil prices down in Asian trade as weak demand weighs

oil price

Oil prices fell in Asian trade Monday on growing concerns about demand as equities tumble on global growth woes and supplies increase.

Posted: October 13th, 2014 in Latest Business Stories | Read More »

Oil prices slip on increased supply, strong dollar

oil-prices

Crude prices slipped Monday to multi-year lows owing to a build-up in supplies while the dollar rallied in response to a strong US jobs report, as analysts warned of further losses.

Posted: October 6th, 2014 in Latest Business Stories | Read More »

Oil prices down on stronger US dollar

oil-prices

Oil prices eased in Asia Monday as the US dollar strengthened while dealers sat on the sidelines due to a dearth of trading cues, analysts said.

Posted: September 29th, 2014 in Latest Business Stories | Read More »

Oil prices fall after weak Chinese data

oil-prices

Oil prices fell in Asia Monday after a sharp slowdown in Chinese industrial production raised concerns about slackening demand in the world’s top energy consumer, analysts said.

Posted: September 15th, 2014 in Latest Business Stories | Read More »

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