Crude down in Asia on US inventory gain
Crude was down in Asia Thursday as a sharper-than-expected US stockpile gain further spooked nervous investors already shaken by worries over the eurozone, analysts said.
Crude was down in Asia Thursday as a sharper-than-expected US stockpile gain further spooked nervous investors already shaken by worries over the eurozone, analysts said.
HONG KONG—Asian markets rebounded on bargain-buying Tuesday following recent heavy selling caused by the eurozone crisis, but traders remained cautious after mixed messages from EU leaders, analysts said. The region’s gains followed rallies in European markets and on Wall Street Monday after reports filtered through that a plan was emerging to stem a crisis that [...]
NEW YORK — Oil prices around the world should start falling if Libyan rebels succeed in toppling Moammar Gadhafi’s regime, though the full effect won’t be felt for months. On Sunday night, rebel forces pushed into Tripoli without meeting much resistance, hours after they overran a major military base that defended the capital. Independent analyst [...]
