Commodity markets

March 18, 2014 - 9:34 AM

Oil prices gain above $98 on US economic outlook

The price of oil edged up Tuesday as strong U.S. factory output boosted the outlook for the world's biggest economy.

March 17, 2014 - 9:34 AM

Oil down after Crimea votes to split from Ukraine

Oil prices were slightly lower Monday after Crimea's vote to split from Ukraine and join Russia.

Benchmark U.S. crude for April delivery was down 9 cents to $98.80 a barrel at 0715 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 69 cents to close at $98.89 on Friday.

March 14, 2014 - 9:04 AM

Oil prices edge up amid US data, China worries

Oil prices edged slightly higher on Friday but remained under $100 a barrel as traders weighed whether an apparent pickup in the U.S. economy could spur enough demand to offset a slowdown in China and tension in the Ukraine.

March 14, 2014 - 12:04 AM

Asian stocks follow Wall Street lower

MANILA, Philippines (AP) — Asian stock markets sank Wednesday as recent falls in Chinese copper and iron prices added to jitters that the world's No. 2 economy is continuing to slow.

Hong Kong's Hang Seng was down 1.6 percent at 21,916.59 and China's Shanghai Composite dropped 0.6 percent to 1,989.12. South Korea's Kospi shed 1.2 percent to 1,940.12.

March 13, 2014 - 10:34 AM

Oil steady near $98 after China economy jitters

The price of oil rose above $98 per barrel on Thursday after plunging the day before on concern China's economic slowdown is deepening.

March 12, 2014 - 6:35 PM

US stocks finish mostly higher after a weak start

The U.S. stock market was headed for a lower open Wednesday as concerns about China's economic outlook weighed on investors.

March 12, 2014 - 10:04 AM

Oil drops to near $98 on China slowdown jitters

The price of oil dropped below $99 a barrel Wednesday as the possibility of a deeper economic slowdown in China fed expectations of weaker demand.

Benchmark U.S. crude for April delivery was down $1.34 to $98.70 at 1030 GMT in electronic trading on the New York Mercantile Exchange. The contract dropped $1.09 to close at $100.03 a barrel Tuesday.

Syndicate content