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Dollar tames rising oil prices 2008-05-02 07:16:01 World oil prices continued lower in Asian trade after the US dollar earlier strengthened to its highest level since late March. [Full Story...] US market lifted by Fed call on rates 2008-05-01 17:27:01 US stocks opened higher as investors continue to digest the Federal Reserve's widely expected rate cut and accompanying opaque statement. [Full Story...] Impending rate decision drives dollar higher 2008-04-30 12:50:01 Dollar drives higher before US rate decision [Full Story...] Oil market in brief retreat 2008-04-25 09:07:01 World oil prices, which had threatened to break the symbolic $120-a-barrel level, fell further in Asian dealings as traders locked in profits. [Full Story...] Oil traders pause as prices near $120 2008-04-24 09:12:01 World oil prices are within sight of the $120 level but traders are moving cautiously after a mixed report on US energy stockpiles. [Full Story...] Oil prices will remain high, says producers 2008-04-22 09:00:01 World oil prices held steady in Asian trade after once again pushing through record highs and as producers warned sky-high crude prices are here to stay. [Full Story...] Oil market 'getting hot' 2008-04-21 09:00:01 World oil prices could shoot even higher after members of the Opec oil producers' cartel rejected calls to raise output. [Full Story...] Oil stays on the boil on supply concerns 2008-04-16 09:35:01 Oil prices steadied above $113 a barrel after setting a new record overnight on growing concerns about insufficient global supply. [Full Story...] Supply concerns turn up heat in oil market 2008-04-15 09:38:01 World oil prices touched new record highs in Asian trade as supply concerns and a sluggish greenback remained key factors behind the hike. [Full Story...] Oil prices come off record highs 2008-04-08 12:48:01 World oil prices traded slightly lower in Asia on Tuesday after comments by the OPEC cartel and an inflow of investor money helped prices surge to near-record levels, dealers said. [Full Story...] Oil prices fall to near $100 a barrel 2008-03-25 17:36:01 Oil prices fell to hover as a stronger US dollar made energy futures less attractive to investors. [Full Story...] Oil reined in by US economic woes 2008-03-24 06:27:01 World oil prices fell by more than a dollar amid fresh concerns energy demand would be affected by the slowing US economy. [Full Story...] Oil market waits for dollar to drop 2008-03-19 11:00:01 Oil prices have shed over $1 a barrel after jumping higher in the previous session on the expectation that a US Fed cut would further weaken a battered dollar. [Full Story...] Oil market keeps racking up records 2008-03-17 09:17:01 Oil prices have soared to new highs after the dollar slumped to a fresh low against the euro, sparking a rush of funds into commodities. [Full Story...] Market for black gold continues to hunt record highs 2008-03-14 09:38:01 Oil prices have eased slightly after hitting a record in overnight trade, but analysts are confident that prices will remain on the boil. [Full Story...] Oil prices hover near $110 2008-03-13 09:30:01 Oil prices bubbled near $110 in Asian trade, within striking distance of a fresh record on the back of a slide in the US dollar. [Full Story...] Oil market takes a breather after record run 2008-03-12 09:25:01 Oil prices are steady after falling back from an overnight record near $110 a barrel as a strengthening of the US dollar weighed on crude futures. [Full Story...] Banks shovel cash into starving market 2008-03-11 18:50:01 Hundreds of billions of dollars have been put into world markets pulling financial markets up in what some see as a plan to ease a crisis. [Full Story...] Oil price eases but market stays on the boil 2008-03-11 09:21:01 Oil prices came off record levels in Asian trade but underlying momentum remained strong because of the weak greenback and supply concerns, dealers say. [Full Story...] Oil prices cool after recent market madness 2008-03-10 09:50:01 Oil prices moved away from last week's record levels amid fresh concerns over the US economy, the world's biggest energy user, dealers say. [Full Story...] Wall Street shares dive at open 2008-03-07 16:50:01 US stocks fell sharply as Wall Street opened for trading after a government survey showed a sharp acceleration in job losses as employers slashed their payrolls by 63 000 positions in February. [Full Story...] Dollar gets pounded again 2008-03-01 08:20:01 The ailing US dollar briefly slumping to yet another record low against the euro as traders voiced increasing concern about the fragility of the US economy. [Full Story...] Oil market heats up as dollar flags 2008-02-29 10:10:01 Oil prices continue to trade around fresh record levels as speculators pile into the market on the back of a sharp decline in the US dollar. [Full Story...] Crude targets $100 as supply concerns weigh 2008-02-25 11:46:01 Oil prices have rocketed as a Turkish incursion into northern Iraq has heightened concerns over potential crude supply disruptions. [Full Story...] Opec helps oil by hinting at output cut 2008-02-18 10:00:01 Oil prices were steady on Monday in Asia, rising slightly after further hints that Opec might cut production if global supplies continue to rise amid forecasts for slower growth in demand. [Full Story...] Wall Street rally fades 2008-01-31 11:15:01 US stocks ended lower on Wednesday as the market rallied but then gave back its gains after volatile late-day action following a half-point cut in interest rates by the Federal Reserve. [Full Story...] Oil prices chilled by cooling US economy 2008-01-21 16:20:01 Oil prices fell sharply on Monday as fears over the US economy drove down stock markets in Asia and Europe. [Full Story...] Flagging dollar lifted by Bush plan 2008-01-19 07:30:01 The dollar was firmer on Friday after US President George Bush called for a major stimulus plan aimed at kick-starting a flagging economy. [Full Story...] US slowdown shows highs and lows for gold 2008-01-16 17:54:01 A full-blown US recession would intensify gold's perfect storm, so the theory goes. [Full Story...] Asian markets rattled by US ills 2008-01-16 09:15:01 Fears of a US recession shook up Asian stocks on Wednesday but some markets managed to contain losses after an initial knee-jerk reaction to the slide on Wall Street. [Full Story...] Bernanke's promise boosts oil market 2008-01-11 09:27:01 Oil prices gained in early Friday trade on signs that a broadly expected slowdown in the Us economy may not turn out to be as serious. [Full Story...] Crude prices hold firm after cooling 2008-01-10 09:44:01 Oil prices held steady on Thursday after falling overnight on a US government report that the country's stockpiles of petrol grew last week. [Full Story...] Oil market bets on US appetite 2008-01-09 10:28:01 World oil prices continued higher in Asian trade on Wednesday, as traders bet on further crude inventory falls in the United States, the world's biggest energy consumer. [Full Story...] US stocks take hits from jobs and manufacturing figures 2008-01-07 06:00:01 US stocks had their steepest weekly loss since July last week after unemployment hit a two-year high and manufacturing declined, bolstering speculation that a recession would stymie profit growth. [Full Story...] US stocks dive on shock jobs report 2008-01-05 08:00:01 US stocks plunged after data showed the weakest job creation since 2003 and a rise in unemployment to a two-year high, fueling recession fears. [Full Story...] Record oil prices pump up global inflation risks 2008-01-04 06:00:01 Since the oil price went to more than $100 (R685) a barrel on Wednesday, risks that inflation will inflict further damage on the local and global economy have been rising. [Full Story...] Wall Street goes weak at the knees over oil 2008-01-03 06:51:01 US stocks plummeted on Wednesday as investors worried about the impact of record-high oil prices and a surprisingly sharp slowdown in manufacturing on growth. [Full Story...] Wall Street wraps up 2007 in a sombre mood 2008-01-01 07:00:01 Wall Street ended a painful year with another steep loss Monday as investors glumly anticipated that 2008 would see a continuation of the uncertainty and turbulence of 2007. [Full Story...] Oil tests $100 again 2007-12-31 07:26:01 Oil prices rose on Monday due to instability in Pakistan and on the Turkish border with Iraq, heading towards $100 per barrel again on the last trading day of the year. [Full Story...] Euro builds on weak US housing data 2007-12-29 06:34:01 The euro crossed $1.47 on Friday amid persistent speculation that poor US economic data could force the Federal Reserve to cut interest rates in 2008, dealers say. [Full Story...] Bhutto murder rattles global stocks 2007-12-28 06:33:01 Asian stock markets fell in early deals on Friday following heavy losses on Wall Street as the murder of Pakistani opposition leader Benazir Bhutto sparked jitters about global security. [Full Story...] Oil holds steady for the holidays 2007-12-24 07:04:01 Oil prices were little changed on Monday amid light trading due to holidays, and after rising more than $2 a barrel in the previous session. [Full Story...] Santa arrives in nick of time for Wall Street 2007-12-22 09:11:01 US markets head into the Christmas week on a merry note with fears abating about a widening financial crisis and a potential recession in the world's biggest economy. [Full Story...] US inflation surges on high oil prices 2007-12-14 16:10:01 US inflation surged in November by the most in more than two years, fuelled by high oil prices, the government said. [Full Story...] Austrian inflation rates highest since 2001 2007-12-14 15:53:01 Austria's inflation rose 3.1 percent in November, the highest rate since May 2001 when inflation was up by 3.4 per cent, Austria's statistics office said. [Full Story...] Stocks, bonds, commodities ... and violins? 2007-12-04 17:47:01 Violins can offer investors a stable long-term return in a diversified portfolio, plus an unusual dividend - enjoyment, economic researchers say. [Full Story...] Saudi minister helps calm oil market 2007-11-28 09:25:01 Saudi Oil Minister Ali Al-Naimi says risk hedging and speculation are among factors driving oil prices higher but the market remains well supplied. [Full Story...] Supply woes put oil back on the boil 2007-11-26 09:50:01 Oil prices hovered near $99 in Asia trade on Monday as traders continued fretting over tight supplies globally, dealers said. [Full Story...] Gold's rebound picks up steam 2007-11-23 12:40:01 Gold prices have surged again as investors hedge their bets in an uncertain market, and the metal could target $850 if oil prices shoot higher. [Full Story...] Oil market soothed by promise of Opec balm 2007-11-13 09:20:01 World oil prices held above steady in Tuesday trade ahead of a rare weekend summit of the Opec oil cartel. [Full Story...] |
