Oil down as China's GDP comes in below expectations

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VietNam News English 1 month(s) ago 1 related news

Oil prices fell sharply in Asian trade Monday after China's first quarter economic growth came in below expectations, with sentiment also weighed by forecasts of weaker global demand.

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Demand worries send US oil price down 2.3%

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Báo Đầu Tư English 1 month(s) ago

Demand worries send US oil price down 2.3%

Oil prices sank on Friday as concerns about weak demand growth took deeper hold in the market.

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US oil price rallies on inventory report

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Báo Đầu Tư English 1 month(s) ago

US oil price rallies on inventory report

US oil prices rallied Wednesday after an inventory report showed a smaller-than-expected increase in oil stocks.

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China inflation data, Iran lift oil prices

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Báo Đầu Tư English 1 month(s) ago

China inflation data, Iran lift oil prices

A subdued inflation report from China, Iran nuclear plans and a weaker dollar helped to lift oil prices Tuesday as the market awaited key US oil inventory data.

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Oil prices edge higher

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Báo Đầu Tư English 2 month(s) ago

Oil prices edge higher

Oil prices finished higher Wednesday after trading at a loss for most of the day as a climb in US crude inventories was countered by a fall in stocks of products.

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Oil prices climb on Cyprus bailout deal

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Báo Đầu Tư English 2 month(s) ago

Oil prices climb on Cyprus bailout deal

Oil prices gained on Monday, sparked by a rescue deal for the crisis in Cyprus, which had threatened to spill over and further harm the weak eurozone economy.

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Oil prices skid on Cyprus, eurozone worries

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Báo Đầu Tư English 2 month(s) ago

Oil prices skid on Cyprus, eurozone worries

Global oil prices tumbled Thursday as Cyprus teetered toward a debt default and glum eurozone business data fueled concerns about demand for crude.

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US Oil gains on hopes Cyprus impact limited

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Báo Đầu Tư English 2 month(s) ago

US Oil gains on hopes Cyprus impact limited

US oil prices rose modestly Monday on hopes that the controversy over a bank depositor tax included in the EU-IMF rescue of Cyprus may have limited impact on the broader economy.

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Oil prices fall on demand worries

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Báo Đầu Tư English 2 month(s) ago

Oil prices fall on demand worries

Oil prices fell Wednesday after another build in US crude inventories and a lowered key oil demand forecast took the shine off better-than-expected US retail sales.

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Oil prices rebound in Asian trade

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Báo Đầu Tư English 2 month(s) ago

Oil prices rebound in Asian trade

Oil prices rose in Asian trade Tuesday on bargain hunting after hitting multi-week lows, analysts said.

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Oil prices drop as US spending cuts kick in

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Báo Đầu Tư English 2 month(s) ago

Oil prices drop as US spending cuts kick in

World oil prices fell on Friday, with New York crude striking a two-month low point, as traders eyed huge US spending cuts due to take effect and weaker Chinese manufacturing data.

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Asian markets slip after US data, Wall St loss

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Báo Đầu Tư English 4 month(s) ago

Asian markets slip after US data, Wall St loss

Asian markets were mixed Thursday, with late buying offsetting earlier falls that had been fuelled by losses on Wall Street as US data showed the economy shrank in the final three months of 2012.

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Oil prices rise in Asia after Wall Street rally

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Báo Đầu Tư English 4 month(s) ago

Oil prices rise in Asia after Wall Street rally

Oil prices rose in Asian trade Monday with dealers encouraged by better-than-expected earnings data on Wall Street, analysts said.

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Oil prices mixed in Asian trade

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Báo Đầu Tư English 4 month(s) ago

Oil prices mixed in Asian trade

Oil prices were mixed in Asia Thursday, with traders selling Brent crude for West Texas Intermediate (WTI), analysts said, but the market was lifted by upbeat Chinese manufacturing data.

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Oil prices down in Asian trade

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Báo Đầu Tư English 4 month(s) ago

Oil prices down in Asian trade

Oil prices fell in Asian trade Thursday on profit-taking and the restarting of a British pipeline but an attack by Islamist militants on an Algerian gas field supported prices.

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