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Oil prices fall as Israel-Hamas truce holds

Palestinian Hamas militants parade during a rally to celebrate the Israel-Hamas cease-fire in the Jebaliya refugee camp, north Gaza Strip. AP PHOTO

The price of oil fell Monday as a truce between Israel and the militant group Hamas that stopped fighting in the Gaza Strip appeared to hold despite a confrontation late last week.

Posted: November 26th, 2012 in Latest Business Stories | Read More »

Oil prices ease in Asia on Gaza truce, eurozone data

In this file photo taken with a long exposure, a pumping unit sucks oil from the ground near Greensburg, Kan. AP FLE PHOTO

Oil prices fell in Asia Friday in thin trade following the US Thanksgiving holiday, with a truce in Gaza and gloomy eurozone manufacturing data weighing on markets, analysts said.

Posted: November 23rd, 2012 in Latest Business Stories | Read More »

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