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Oil prices rebound on weak dollar, US and Chinese data

Singapore : Singapore | 28 days ago  
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Oil prices rebounded on Monday, buoyed by a weaker dollar and positive US and Chinese economic data that bolstered hopes of stronger demand in the two biggest energy-consuming nations. New York's main contract, light sweet crude for delivery in December, jumped 1.13 dollars to 78.13 dollars a barrel....
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  • News Source: Belleville News-Democrat | 21 days ago
    Oil prices hovered near $78 a barrel Tuesday in Asia as investors welcomed new U.S. manufacturing and construction figures as positive signs of an economic recovery. Benchmark crude for December delivery was off 7 cents to $78.06 a barrel at midday...
  • News Source: Daily News & Analysis | 21 days ago
    New York's main contract, light sweet crude for December delivery, advanced 26 cents to USD78.39 a barrel. Brent North Sea crude for December delivery gained 19 cents to USD 76.74. The two contracts closed firmer Monday, buoyed in part by the US...
  • News Source: International Business Times | 22 days ago
    The continued strength of commodities-linked currencies such as the Australian dollar also offered support to oil, with the weak U.S. dollar also sending gold to its highest in almost two weeks. U.S. crude for December rose 22 cents to $78.35 a...
  • News Source: The Scotsman | 22 days ago
    October, the first decline since April, as lower output from Saudi Arabia, Iraq and Nigeria offset a further rise from Angola, according to a survey released yesterday. Supply from the 11 members of the Organisation of the Petroleum Exporting...
  • News Source: Channel NewsAsia | 22 days ago
    Oil prices rebounded on Monday, buoyed by a weaker dollar and positive US and Chinese economic data that bolstered hopes of stronger demand in the two biggest energy-consuming nations. New York's main contract, light sweet crude for delivery in...
  • News Source: BBC | 22 days ago
    US light crude rose $1.13 a barrel to end Monday trading at $78.13, while London Brent added $1.35 to $76.55. The gains came after a report said US manufacturing output rose again in October for a third successive month. Research in Chicago. "Oil...
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  • Blog Source: www.goodasis.com
    The gains came after a report said US manufacturing output rose again in October for a third successive month. Analysts said oil prices were also lifted by a further rise in US housing sales in September. 'Higher demand' ...
  • Blog Source: blog.taragana.com
    Oil up to near $78 ahead of US economic reports. Oil prices gained slightly to stay above $77 on Monday, backed by the weaker dollar and strong economic data in China, which raised hopes for an increase in energy demand. ...
  • Blog Source: www.investmentmarkets.co.uk
    The price of crude oil rose Monday on new data which showed that manufacturing activity is expanding in both the United States and China and on a report from the National Association of Realtors that said pending home sales were up in ...
  • Blog Source: www.ktnv.com
    Oil prices gained slightly to stay above $77 on Monday, backed by the weaker dollar and strong economic data in China, which raised hopes for an increase in energy demand. By mid-afternoon in Europe, benchmark crude for December ...
  • Blog Source: blog.taragana.com
    The US National Association of Realtors said its seasonally adjusted index of pending sales for previously occupied homes rose 2.1 percent to 82.1 in February from January's record low of 80.4. ...
  • Blog Source: blog.taragana.com
    US stock futures rise ahead of manufacturing data.
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