prices

Oil prices fall slightly after US jobs report

The price of oil ended the week lower after the latest U.S. jobs report offered a mixed picture of the economy.

Oil

Oil hovers around $89 as Chinese manufacturing improves

BANGKOK (AP) — The price of oil rose hovered around $89 a barrel Monday as investors focused on signs that China's economy may be picking up after a prolonged slowdown.

Benchmark crude for January delivery was up 2 cents to $88.93 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose 84 cents to close at $88.91 in New York on Friday.

Oil

Oil steady as Gaza fighting continues

BANGKOK (AP) — Diplomatic efforts to broker a cease-fire in Gaza intensified but no deal was announced Wednesday to halt the fighting between Israel and Islamic militant group Hamas. Oil prices regained some of the ground lost the day before.

Oil up on Middle East fears, 'fiscal cliff' hopes

NEW YORK (AP) — The price of oil closed at its highest point in nearly a month Monday on rising concerns about the Middle East and less worry about the U.S. "fiscal cliff."

Oil

Oil prices flat as demand stays sluggish

BANGKOK (AP) — Oil prices swung between slight gains and losses Friday, barely budging despite an escalation in fighting between Israel and militants in Gaza, as demand for energy remains weak and supplies are ample.

Oil

Oil falls on economic worries

Oil prices fell below $86 a barrel Thursday as investors focused on global economic issues, including the so-called "fiscal cliff" in the U.S.

Oil rises following Israeli airstrikes on Gaza

BANGKOK (AP) — Oil prices rose slightly Thursday, a day after Israel launched an offensive against Islamic militants in Gaza as analysts downplayed the risk that the fighting poses to energy supplies.

Oil

Oil rises as Israel launches airstrikes in Gaza

The price of oil rose Wednesday on new concerns about possible supply disruptions in the Middle East after Israel launched airstrikes in Gaza.

Oil rises as US leaders talk about fiscal cliff

BANGKOK (AP) — Oil prices rose Wednesday as President Barack Obama pushed ahead with talks to try to resolve the impending "fiscal cliff" that could derail the fragile recovery in the world's No. 1 economy.

Oil falls as IEA predicts demand growth will slow

NEW YORK (AP) — The price of oil fell slightly Tuesday after the International Energy Agency predicted demand will grow at a slower pace into next year because of the sluggish global economy.

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