Oil price rises to near $94 as euro gains
The price of oil rose Tuesday as the dollar fell against the euro following weak US jobs data.
The price of oil rose Tuesday as the dollar fell against the euro following weak US jobs data.
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.
Oil prices fell below $96 a barrel Monday in Asia amid investor concern that China’s economy, the world’s second-largest, is slowing faster than previously expected.
Oil prices fell to near $102 a barrel Monday in Asia amid hopes international talks this week may help avoid military action over Iran’s nuclear program.
Asian stock markets on Wednesday followed Wall Street into negative territory after the Federal Reserve voiced concern about U.S. job growth but appeared to refrain from taking steps to prop up the economy.
Oil prices fell below $107 a barrel Monday in Asia as a slowdown in China’s trade suggested demand for crude could weaken.
