Oil edges up in Asia

SINGAPORE: Oil edged up in Asian trade Tuesday as the European single currency recovered, spurring investor demand for crude futures, analysts said.

New York”s main futures contract, light sweet crude for delivery in July gained nine cents to 71.53 dollars a barrel while Brent North Sea crude for July delivery was up three cents to 72.15 dollars.

The euro changed hands at 1.1960 dollars in Tokyo morning trade, up from 1.1919 in New York on Monday. Against the yen, it fetched 109.32 against 109.00 in New York.

Oil was above $ 78 a barrel in Asian trading

TrendPK.com SINGAPORE: Oil was above $ 78 a barrel in Asian trading Friday, moving from the sharp decline against the backdrop of the weak dollar.
New York’s main futures contract, light sweet crude for April delivery was up 41 cents at 78.58 dollars a barrel after falling $ 1.83 in U.S. trade on [...]

Oil Prices Down in Asian Trade

Oil Prices Down in Asian Trade, Oil prices remained weaker in Asian trade on Tuesday after overnight gains on the back of a weak dollar and a stronger finish on Wall Street, analysts said.
New York’s main futures contract, light sweet crude for delivery in March, fell 83 cents to $74.43 a barrel. London’s Brent North Sea crude for March delivery dropped 80 cents to settle at $72.89.

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Oil Prices Down in Asian Trade was first posted on January 26, 2010 at 3:01 pm.

Oil Slips in Asian Trade

SINGAPORE: Oil prices extended losses in Asian trade Friday on weak energy demand and news the US commodity and options regulator was looking to tighten controls in the energy futures market, analysts said.

New York’s main futures contract, light sweet crude for delivery in February, fell 49 cents to 78.90 dollars per barrel. Brent North Sea crude for March delivery dropped 57 cents to 78.00 dollars a barrel. Prices dipped after the US Department of Energy (DoE) reported Wednesday an unexpected increase in US petroleum reserves, analysts said.

New York crude rose to a 15-month high of 83.95 dollars Monday on the back of robust Chinese data but subsequently tumbled on news that Beijing was tightening money supply in a bid to tame economic growth.

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Oil Slips in Asian Trade was first posted on January 15, 2010 at 3:41 pm.

Oil Prices Up In Asia Trade

TrendPK.com Oil Prices Up In Asia Trade:Oil rose in Asian trade on Thursday as traders invested in cheap crude on the back of sliding prices, analysts said. New York’s main futures contract, light sweet crude for delivery in January, gained 38 cents to 71.05 dollars a barrel after closing at a two-month low

TrendPK.com Oil Prices Up In Asia Trade:Oil rose in Asian trade on Thursday as traders invested in cheap crude on the back of sliding prices, analysts said.
New York’s main futures contract, light sweet crude for delivery in January, gained 38 cents to 71.05 dollars a barrel after closing at a two-month low [...]