OPEC

Oil rises toward $72 on recovery optimism

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Oil prices rose toward $72 a barrel on Tuesday as investors bought commodities to hedge against a weaker dollar, and the U.S. government forecast an increase in world oil demand.
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Oil states say no talks on replacing dollar

Big oil producing nations denied a British newspaper report on Tuesday that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the U.S. dollar with a basket of currencies in trading oil.
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Oil falls to near $70 after U.S. employment data

Oil fell to near $70 a barrel on Friday after worse-than-expected U.S. employment figures raised doubts about the strength of the economic recovery, but a slump in the dollar helped drag crude prices off their lows.
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Oil rises above $67 on dollar, eyes on data

Oil rose above $67 per barrel on Wednesday, buoyed by a fall in the dollar and higher share prices, but gains were limited by an expected increases in U.S. oil inventories.
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Oil settles 4.5 percent lower on demand doubts

Oil prices settled more than 4 percent lower at below $66 a barrel on Thursday as weak U.S. home sales data and high crude oil inventories in the top energy consumer stirred doubts about a potential fuel demand recovery.
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Oil drops over 4 percent on demand worries

Oil prices dropped over 4 percent on Thursday to $66 a barrel as weak U.S. home sales data and high U.S. crude inventories stirred doubts about a potential fuel demand recovery.
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Oil steadies below $72, weak dollar supports

Oil steadied at below $72 a barrel on Wednesday, after rising more than 2 percent in the previous session, as a bearish industry report showing a surprise build in U.S. crude oil stockpiles was offset by further weakness in the dollar.
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Oil falls towards $71 after bearish API oil stocks data

Oil fell toward $71 a barrel on Wednesday, giving up some of its previous session gains of 2 percent, as an industry report showing a surprise build in U.S. crude oil stockpiles again stoked concerns over demand revival.
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Oil above $71 on dollar, Saudi sees recovery

Oil rose above $71 a barrel on Tuesday, supported by a weaker dollar and after the oil minister of top exporter Saudi Arabia said he was seeing real evidence of world economic recovery in the form of demand for Saudi crude.
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Oil rises to $70, traders seek demand recovery signs

Oil rose to $70 a barrel on Tuesday in a technical rebound after its 3.2 percent decline in the previous session, as traders watch for clues to the health of the global economy from a U.S. Federal Reserve meeting and a summit of G20 nations this week.
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Oil falls towards $69 on signs demand still weak

Oil prices fell by almost 3.5 percent toward $69 a barrel on Monday as further signs of weak fuel demand raised expectations that prices may have raced ahead of the nascent economic recovery.
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Oil falls below $70 on signs demand still weak

Oil fell by more than 3 percent to below $70 a barrel on Monday as further signs of weak fuel demand raised expectations prices may have raced ahead of the nascent economic recovery.
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Oil falls to $70 on signs demand still weak

Oil fell by more than 2 percent to $70 a barrel on Monday as further signs of weak fuel demand raised expectations prices may have raced ahead of the nascent economic recovery.

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