| Oil rebounds in Asia on bargain-hunting | | Oil rebounded in Asian trade Tuesday on bargain-hunting following an overnight decline, but analysts said economic worries in energy guzzlers US and China would continue to weigh on sentiment. | | Oil falls below $96 per barrel as dollar rises | | The price of oil fell below $96 per barrel on Friday after signs of improvement in US employment sparked speculation that the Federal Reserve might scale back its aggressive monetary policy. | | Oil rebounds in Asia on bargain hunting | | Oil rebounded in Asian trade on Thursday on bargain hunting following a recent sharp fall, but analysts said prices would continue to be weighed down by signs of weaker demand. | | Oil down in Asia on profit-taking | | Oil prices eased in Asia on Friday as traders cashed in on recent gains following signs of strengthening US energy demand and concerns over tensions in Syria, analysts said. | | Oil prices rise in Asia on US stockpile data | | Oil prices rose in Asia on Thursday, buoyed by a lower-than-expected gain in US crude stockpiles and hopes of an interest rate cut by the European Central Bank (ECB), analysts said. | | Mena oil exporters’ economies to slow | | Economic growth in Middle East and North Africa oil-exporting countries is expected to fall to 3.25 per cent in 2013 due to a relatively weak crude demand, after expanding by almost 5.7 per cent last year, the International Monetary Fund, or IMF, said on Tuesday. | |
