Market Comments

Brent slips below $108 on euro zone worries, dollar

12/12/2011 9:10:42 AM

Brent crude oil slipped below $108 a barrel on Monday as investors worried a European deal on closer fiscal union would not solve its debt crisis and might deepen a regional slowdown. ... Full story.

Oil rises above $109, Iran in focus

12/02/2011 8:01:53 AM

Oil rose above $109 a barrel on Friday as rising tension over major oil exporter Iran and a report showing the U.S. economy created more jobs countered concern about the euro zone debt crisis. ... Full story.

Oil price above $100 on international banking plan

11/30/2011 3:41:01 PM

The price of oil on Wednesday finished trading above $100 for the first time in two weeks, as the U.S. and other countries made it easier for banks to lend money and keep the global economy growing. ... Full story.

Oil above $98 ahead of US crude supply data

11/22/2011 9:03:31 AM

Oil prices rose to near $98 a barrel Tuesday as traders looked to the latest U.S. crude supply reports for signs demand may be improving. ... Full story.

Oil prices fall on fears of slow economic growth

11/21/2011 2:54:30 PM

Oil prices fell Monday on fears that the world economy will weaken and push down demand for crude. ... Full story.

Oil below $97 on fears about EU debts, US deficit

11/21/2011 9:29:21 AM

Oil prices fell below $97 a barrel Monday, echoing a decline in global equities on persistent concerns about the European debt crisis and floundering efforts to cut the U.S. deficit. ... Full story.

Oil falls nearly 4 percent on profit taking

11/17/2011 3:31:27 PM

Oil prices tumbled Thursday, with U.S. crude dropping 4 percent as investors booked profits a day after a surge to five-month highs tested key technical levels. ... Full story.

Oil tumbles $2 on Eurozone woes

11/17/2011 9:17:03 AM

Oil prices tumbled more than $2 a barrel on Thursday as the European debt crisis threatened to hit France and Spain, while Italy's borrowing costs remained at unsustainable levels. ... Full story.

U.S. oil leaps above $100 on Seaway reversal plan

11/16/2011 1:30:07 PM

U.S. and Brent crude futures headed in opposite directions on Wednesday, jostled by a plan to reverse the Seaway pipeline by next year to help ease an oil glut at the Cushing, Oklahoma, delivery hub. ... Full story.

Oil hits $100, first time since July

11/16/2011 9:31:41 AM

Oil prices have hit $100 per barrel for the first time in nearly four months. ... Full story.

Oil up on economic data despite EU contagion worry

11/15/2011 2:33:55 PM

Oil prices rose Tuesday on supportive data that pointed to continued economic growth in the fourth quarter, sending U.S. crude to a 16-week peak and offsetting concerns that the euro zone debt crisis will keep spreading. ... Full story.

Brent crude oil rises above $112 but wary of Euro crisis

11/15/2011 9:22:47 AM

Brent crude rose above $112 per barrel on Tuesday after solid German and French growth data but worries over the outlook for euro zone deepened as debt yields rose and austerity measures threatened to tip the bloc into recession. ... Full story.

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