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Oil prices rise after big drop in US crude supplies

FILE PHOTO

Oil prices Wednesday moved higher after the US inventory report showed a larger-than-expected drop in US crude stockpiles.

Posted: July 18th, 2013 in Latest Business Stories | Read More »

Oil prices drop below $95 per barrel

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AP FILE PHOTO

Oil fell below $95 a barrel Thursday as disagreement among U.S. Federal Reserve officials about its super easy monetary policy weighed on prices ahead of the release of a report on U.S. crude inventories.

Posted: February 21st, 2013 in Latest Business Stories | Read More »

Oil prices tumble over ample supplies, flat demand

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FILE PHOTO

Oil prices fell Thursday as fiscal-cliff euphoria fizzled and the traders evaluated ample energy supplies against lackluster demand.

Posted: January 3rd, 2013 in Latest Business Stories | Read More »

Oil prices down amid sagging Europe retail sales

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In this Thursday, March 22, 2012, file photo, President Barack Obama speaks at the TransCanada Pipe Yard in Cushing, Okla. Oil Prices fell on Wednesday, Dec. 5, 2012, after the government reported that stocks of crude are still running much higher than usual for this time of year. A weekly report from the Energy Information Administration showed that inventory has barely moved at the key oil hub in Cushing, Okla. AP/LM Otero

Oil prices fell Thursday after disappointing retail sales figures in Europe dampened investor appetite and reports showed crude stocks still running higher than usual for this time of year.

Posted: December 6th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Crude up in Asia on upbeat US manufacturing data

In this Aug. 16, 2012, file photo, gas prices are advertised at a Sunoco gas station and market in Lapeer, Michigan. AP

Crude was higher in Asia Tuesday after data showed the US manufacturing sector bounced back in September following three months of contraction, analysts said.

Posted: October 2nd, 2012 in Latest Business Stories | Read More »

Oil rises to near $107 ahead of key US jobs report

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Oil prices rose slightly to near $107 a barrel Friday in Asia ahead of a key U.S. employment report that will give insight into the strength of the world’s No. 1 economy and demand for crude.

Posted: March 9th, 2012 in Latest Business Stories | Read More »

Crude down in Asia on profit-taking

Crude prices retreated in Asia Friday as traders took profit from an overnight rally sparked by Greek talk of scrapping its debt rescue referendum and the ECB’s interest rate cut, analysts said.

Posted: November 4th, 2011 in Latest Business Stories | Read More »

Asian shares lower as economy, eurozone weigh

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HONG KONG—Asian stock markets lost ground on Wednesday despite strong performances from automakers in Japan after a report that quake-hit production could return to normal earlier than expected. Regional markets were following a lead from Wall Street, where tech plays were hit and uninspiring data on home sales left traders gloomy, while eurozone debt concerns [...]

Posted: May 25th, 2011 in Latest Business Stories | Read More »

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