COMMODITIES

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Oil hovers around $61

Oil fluctuated around $61 a barrel on Thursday as concerns about the strength of global fuel demand were offset by strong economic growth in China and better-than-expected U.S. banking results.

Oil dips below $61, Chinese GDP growth supports

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Oil dipped below $61 a barrel on Thursday after gaining more than 3 percent in the previous session, as investors remained cautious about the pace of economic recovery despite strong growth numbers from China.
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NYMEX-Crude rises on API data, equities strength

U.S. crude futures rose on Wednesday on industry inventory data showing crude supplies fell last week along with gasoline stocks and as positive earnings results fueled a global equities rally.
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Oil falls below $59 as economic worries linger

Oil prices fell $1 to below $59 a barrel on Monday, extending last week's losses to languish at a seven-week low, as lingering concerns about the pace of a global economic recovery encouraged a further sell-off.
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Nikkei down for ninth day, oil steadies at $60

Japan's Nikkei fell for a ninth straight day on Monday as concerns about company earnings outlooks weighed on Asian stocks, while oil languished near a six-week low as faith in a rapid economic recovery faded.
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Oil drops below $60, gives up early gains

Oil reversed early gains and dropped below $60 a barrel on Thursday as a downturn in U.S. equities added to pressure from high U.S. oil inventories and persistent concerns about the timing of any economic recovery.
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Oil rises above $61, snaps 6-day losing streak

Oil rose by more than $1 on Thursday to edge back above $61 a barrel, halting a six-session losing streak which has seen prices decline by 15 percent on concerns about the timing of any economic recovery.
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Oil falls below $62 on economic doubts

Oil dropped well over a dollar to below $62 a barrel on Wednesday, placing it on course for a sixth consecutive fall and the longest losing streak since mid-December, after U.S. data showed a big rise in fuel stocks.
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Oil falls towards $62 on economic doubts

Oil fell toward $62 a barrel on Wednesday, placing it on course for a sixth consecutive fall and the longest losing streak since mid-December, after the focus sharpened on economic weakness and data showed higher fuel stocks.
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Oil falls for sixth day towards $62 on U.S. inventory builds

Oil fell toward $62 on Wednesday, on course for its sixth consecutive fall and longest losing streak since mid-December, after data showed larger-than-expected builds in U.S. products stocks, reflecting little sign of a recovery in oil demand.
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Oil falls below $63 on economy, weak gasoline

Oil dipped below $63 a barrel on Tuesday, pressured by investors' caution over prospects for economic recovery and by an expected increase in U.S. gasoline stocks for the week when Americans traditionally drive the most.
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Oil rallies above $64 after four-day fall

Oil rose above $64 a barrel on Tuesday, after falling for four consecutive sessions on doubts over global economic recovery and potential improvement in demand for fuel.
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Oil falls below $64 on recovery doubts

Oil eased below $64 a barrel on Tuesday, falling for the fifth consecutive session on doubts over global economic recovery and potential improvement in demand for fuel.
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Oil extends losses below $64 on economic worries

Oil edged down on Tuesday, on course for its fifth consecutive fall and longest losing streak since February, on worries about the economy that have brought the stock market rally to a halt and pushed the dollar higher.
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Oil edges above $64 after 4 pct fall on economy

Oil edged up above $64 a barrel on Tuesday, after four consecutive days of falls on worries about the economy that have brought the stock market rally to a halt and pushed the dollar higher.
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Oil falls to below $65 on recovery doubts

Oil fell to below $65 a barrel on Monday and touched a five-week low earlier in the session, pressured by doubts over the prospects for a recovery in the global economy and energy demand.
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Oil falls to around $64 a barrel

Oil fell to around $64 a barrel on Monday and touched a five-week low, pressured by doubts over the prospects for a global economic recovery.
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Oil falls near $66 after bleak U.S. jobs data

Oil fell toward $66 a barrel on Friday, adding to a drop of nearly 4 percent the previous day, as unemployment data hardened views economic weakness would sap energy demand further and that last month's rally was overdone.
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Oil below $67 after bleak U.S. jobs data

Oil traded below $67 a barrel on Friday, adding to a fall of nearly 4 percent the previous day, as unemployment data hardened views economic weakness would sap energy demand further and that last month's rally was overdone.

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