Oil lower in Asia on economic growth fears

Last Updated: Tuesday, February 28, 2012, 09:46

Oil was lower in Asian trade, Tuesday on profit-taking amid concerns that rising prices could hamper global economic growth, analysts said.

Oil price hits a 9-month high, above $108

Last Updated: Friday, February 24, 2012, 10:05

New York's main contract, light sweet crude for delivery in April, rose 64 cents to USD 108.47, while Brent North Sea crude for April delivery gained 60 cents to USD 124.22 in morning trade.

Brent tops $120 on supply worries

Last Updated: Friday, February 17, 2012, 08:56

The euro's rebound against the dollar also boosted crude oil on both sides of the Atlantic.

Brent at nearly $118 on Mideast supply fears

Last Updated: Wednesday, February 15, 2012, 11:22

Brent crude held steady at nearly USD 118 on Wednesday as supply concerns in the Middle East sparked by tensions over Iran and disruptions in South Sudan trumped concerns about the health of the global economy as Greece faces the prospect of bankruptcy.

Oil jumps 4% on Iran anxiety

Last Updated: Wednesday, January 4, 2012, 09:19

Oil prices surged on Tuesday, with US crude hitting the highest settlement since May, fueled by strong economic data from the United States and China and mounting concern about supply disruption from Iran.

Brent crude up above $108 on China, Iran

Last Updated: Tuesday, January 3, 2012, 09:38

Brent crude rose to above USD 108 a barrel on Tuesday as China's manufacturing activity expanded slightly, lifting hopes of higher oil demand, and as rising tensions between Iran and the West created supply disruption fears.

Crude oil ends 2011 up 13%, third year of gains

Last Updated: Saturday, December 31, 2011, 11:25

Oil prices ended 2011 up 13 percent as a fresh wave of supply concerns capped a year of unrest and disruptions in North Africa and the Middle East that overwhelmed concerns about the economic health of large consuming nations.

Crude falls in Asia on strong dollar as G20 meets

Last Updated: Thursday, November 3, 2011, 09:07

New York's main contract, light sweet crude for delivery in December, fell 72 cents to USD 91.79 per barrel.

Brent falls to near $111 as China crude imports slow

Last Updated: Thursday, October 13, 2011, 09:08

Brent crude fell to near USD 111 on Thursday, snapping six days of gains, after trade data from China pointed to slower demand in the world's second-largest oil consumer.

Oil skids to 6-week lows on economic angst

Last Updated: Saturday, September 24, 2011, 11:30

Oil fell to six-week lows on Friday, as fresh concerns about the euro zone added to the economic gloom that knocked as much as 9 percent off prices this week.

Oil slumps over $2 as Europe jitters sink stocks

Last Updated: Tuesday, September 6, 2011, 09:49

Oil fell more than 2 percent for a third successive day of losses on Monday, tumbling in tandem with other risk assets as European bank and debt jitters and doubts over global growth haunted traders.

Crude manages to end week on positive note

Last Updated: Saturday, August 20, 2011, 09:57

Brent rose in choppy trading on Friday, managing a small weekly gain as the dollar fell to a record low against the yen. US crude futures gave up gains in late trading to settle lower, posting its fourth weekly loss.