Oil rises

December 30th, 2008


Oil rises

Oil falls below $66 on weaker demand worries
Oil rises as Middle East fighting rages Light trading adds to the oil market's volatility   (more...)

Oil rises, but demand worries persist - Dec. 22, 2008
Oil prices rose slightly as investors searched for signs of economic hope on the Monday leading up to the Christmas holiday, and the dollar fell against the euro. (more...)

Oil rises slightly on US auto bailout, rate cut
Oil prices rose slightly Monday in Asia as investors looked for signs that U.S. interest rate cuts and a government bailout of two key automakers could help cushion what may be the ... (more...)

Oil rises - CNN.com
Oil rose Friday, as European stock markets clawed back some of the previous day's losses and as Hurricane Dean strengthened on a course that could take it towards rigs and ... (more...)
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Oil rises as Russia threatens cut
Oil prices have risen after Russia said it might join producers' cartel Opec in cutting output, and following a fall in the US dollar. China's interest rate cut also boosted prices ... (more...)

Oil slips below $41as US unemployment continues to rise - Gulf News
London: Oil prices sliped below $41 a barrel on Friday as data showing a big rise in US unemployment deepened gloom over the outlook for the world's biggest oil consumer. US employers slashed payrolls by 524,000 in December, driving the national ... (more...)

Jobless rate in U.S. rises to 7.2% - Detroit Free Press
WASHINGTON ? The government says the nation's unemployment rate bolted to 7.2 percent in December, the highest since early 1993, as employers slashed 524,000 jobs. The Labor Department's report underscores the terrible toll of the deepening ... (more...)

Israel, Hamas Reject UN Truce Vote Amid Gaza Fighting (Update1) - Bloomberg
Jan. 9 (Bloomberg) -- Israel and Hamas rejected a UN call for an immediate cease-fire in the Gaza Strip and Prime Minister Ehud Olmert said the military offensive aimed at stopping rocket fire would continue. Olmert said the firing of rockets from ... (more...)

Europe shares close lower as US unemployment soars - Reuters
LONDON, Jan 9 (Reuters) - European shares closed lower on Friday, after U.S. jobless figures soared, and energy producers fell as crude prices slumped. The FTSEurofirst 300 .FTEU3 index of top European shares fell 0.3 percent to close unofficially at ... (more...)

Gold softens as dollar firms after U.S. jobs data - Khaleej Times
LONDON - Gold edged lower on Friday as the dollar strengthened against the euro in the wake of U.S. December non-farm payrolls numbers, but reaction to the data was muted as it came in broadly in line with expectations. Spot gold slipped to $850.65 ... (more...)