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Oil prices down in Asian trade

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Oil prices fell in Asian trade Monday on a stronger dollar as investors digested Federal Reserve chief Janet Yellen’s defense of the bank’s monetary policy, analysts said.

Posted: August 25th, 2014 in Latest Business Stories | Read More »

Oil prices higher as eyes on Iraq

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Oil prices rose in Asia Monday as dealers monitor sustained US air strikes on extremist militants in Iraq who are threatening the crude-rich Kurdish region, analysts said.

Posted: August 11th, 2014 in Latest Business Stories | Read More »

Oil price up in Asian trade

AP FILE PHOTO

Oil prices rose in Asia Monday, but analysts said gains were capped following weakened demand caused by refinery shutdowns and easing concerns about armed conflicts around the world.

Posted: August 4th, 2014 in Latest Business Stories | Read More »

Oil prices fall further in Asia

FILE PHOTO

Oil prices fell further in Asia Friday following a sell-off on Wall Street and concerns about unplanned refinery shutdowns in the US midwest, analysts said.

Posted: August 1st, 2014 in Latest Business Stories | Read More »

Oil prices slide despite upbeat economic data

AP FILE PHOTO

Oil prices sank Thursday, despite some encouraging economic data in the US, China and Europe, as traders kept an eye on the Ukraine crisis and Middle East tensions.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

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