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Oil prices surge to $71 on stock markets rebound
Crude oil prices rose to near $71 a barrel in early trading on Monday as recovering stock markets bolstered the confidence of crude traders. US Light crude oil futures rose to $70.69 a barrel at 12:30pm Singapore time on the … Continue reading
Oil prices hover around $70 despite stock market falls
Oil prices are trading under $70 mark on Wednesday as global stock markets fall amid European and Korean tensions hit commodity prices. WTI Light crude oil futures for July delivery dropped to $68.75 on the NYMEX, while in London yesterday, … Continue reading
Oil prices slump on US stock market crash, Asia follows
Page added on May 7, 2010 Oil prices slumped lower in a heavy trading session on Thursday as the US stock market tumbled and on Friday, Asian markets and European markets are set to follow suit. US Light crude oil … Continue reading
Oil prices dropping off a cliff with stock markets in tow
Page added on May 14, 2010 Crude oil prices are dropping off a cliff on renewed concern about Europe’s sovereign debt crisis also hits global stock markets. US Light oil prices fell as much as five percent, the biggest one … Continue reading
Oil prices trading near $70 as global stock markets slump
Page added on May 21, 2010 Oil prices are back in the $70 range in trading on Friday as investor concern a financial crisis in Europe could undermine the any recovery which hit global stock markets. US Light crude oil … Continue reading