Prices

Prices

• Oil gains to near $96 as investors eye US economy

  The price of oil rose to near $96 a barrel on Friday ahead of the release of Conference Board's index of leading indicators for the U.S. economy. 

• Oil falls below $94 a barrel amid high supplies

  The price of oil slipped below $94 a barrel Thursday as traders digested discouraging economic data from the United States and Europe and U.S. 

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  Bank of England sees 'modest, sustained' recovery

  The Bank of England predicted a modest and sustained economic recovery for Britain on Wednesday, but tempered hope that the worst might be over with ... 

• Oil falls below $93 on Europe, US economic news

  The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S. By late morning in New York, benchmark oil ... 

• German inflation drops to near 3 year low

  Inflation in Germany, Europe's largest economy, has hit its lowest rate in nearly three years largely on the back of a fall in fuel costs. The Federal ... 

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  Yen in focus as G-7 discusses nurturing recovery

  Financial leaders from the world's top seven developed economies are gathering in the U.K. to discuss how to shore up the global recovery just as the ... 

• Oil drops below $95 a barrel as dollar rises

  The price of oil dropped below $95 a barrel on Friday as a strengthening dollar made crude more expensive for traders using other currencies. By early ... 

• Oil down near $96 per barrel after supplies uptick

  The price of oil fell closer to $96 a barrel on Thursday after reports showed supplies of U.S. crude rose last week and inflation accelerated in China 

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  Asia stocks rise after Dow hits another record

  Asian stock markets rose Thursday on the heels of another record high on Wall Street and an interest rate cut in South Korea to boost economic growth. 

• Oil slips toward $95 as US supplies seen rising

  The price of oil slipped closer to $95 a barrel Wednesday as investors weighed a rise in China's trade data against expectations of another increase ... 

• Oil down toward $95 as US jobs momentum fades

  The price of oil edged down on Monday as enthusiasm over last week's strong U.S. jobs report faded. The benchmark oil contract for June delivery was ... 

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  Key quotes from ECB head Draghi's press briefing

  At his monthly news conference following the European Central Bank's policy-setting meeting, President Mario Draghi on Thursday answered questions ... 

• Text of statement by ECB President Mario Draghi

  Below is the full text of the statement that European Central Bank President Mario Draghi delivered at his press conference on Thursday. "Ladies and ... 

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  Oil trades above $91, recovering from big drop

  The price of oil made gains above $91 per barrel Thursday, rebounding from a steep drop, as the European Central Bank cut its key interest rate to a ... 

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  ECB weighs rate cut as eurozone economy struggles

  Economists say the European Central Bank could cut interest rates as soon as Thursday because of fears that the euro area's economy isn't recovering ... 

• Oil sinks to near $92 on China manufacturing data

  The price of oil dropped to near $92 a barrel on Wednesday after data showed a slowdown in China's manufacturing growth and a rise in U.S. 

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  Markets steady despite growing ECB rate cut talk

  European markets steadied Tuesday following a strong performance the previous session despite growing expectations of an interest rate reduction from ... 

• Eurozone inflation falls to 3-year low in April

  Expectations are mounting that European Central Bank will cut interest rates this week after figures Tuesday showed inflation in the euro area at a ... 

• German inflation down, door open for ECB rate cut

  The European Central Bank has a freer hand to cut its key interest rate now that official figures show German inflation dropped to an annual 1. 

• Oil inches up above $93 despite US growth letdown

  Oil prices pushed back above $93 per barrel Monday as sentiment in financial markets was shored up by the formation of an Italian government and ... 

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  Below-par US growth keeps the pressure on markets

  Markets in Europe ended the week with a whimper after a surprisingly big fall in Japanese consumer prices and lower-than-expected first-quarter U.S. 

• Oil slips to $93 a barrel ahead of US growth data

  The price of oil slipped to near $93 a barrel Friday ahead of quarterly growth figures for the world's biggest economy. By early afternoon in Europe, ... 

• Oil rises to near $92 on central bank hopes

  The price oil rose again on Thursday, a day after its biggest increase in five months, as glum economic data from the U.S. and Germany boosted ... 

• Oil rises to above $88 a barrel after sharp drops

  The price of oil rose above $88 a barrel on Friday as traders cautiously returned to commodity markets following sharp sell-offs this week. By early ...