Commodity markets

Commodity markets

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  OPEC keeps output target on hold amid weak economy

  OPEC ministers agreed to keep their daily crude production target unchanged at a meeting Wednesday. But in a sign of internal rivalries, they failed ... 

• Oil price rises above $86 on Fed stimulus hopes

  The price of oil rose to above $86 a barrel on Wednesday as investors expected the Federal Reserve to announce new measures to perk up the U.S. 

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  Asia stocks gain, unfazed by NKorea rocket launch

  Asian stock markets rose Wednesday as a German business confidence survey alleviated concerns that Europe's largest economy might fall into recession. 

• Oil prices rise as Federal Reserve meeting starts

  Oil moved a little higher as a meeting of the Federal Reserve got under way Tuesday. Benchmark oil rose 23 cents to finish at $85.79 per barrel in New ... 

• Oil edges up as Germany seen dodging recession

  The price of oil edged up to around $86 a barrel on Tuesday as markets got a boost from a survey indicating that German investors believe Europe's ... 

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  OPEC considers oil output, Iran-Saudi rivalry

  Tough decisions await OPEC oil ministers sitting down this week for a policy meeting. The 12-nation cartel has to deal not only with how much crude ... 

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  Asia stocks wane as US budget talks drag on

  Asian stock markets lost some of their bottle Tuesday as efforts by U.S. leaders to reach a budget deal before the year's end appeared deadlocked and ... 

• Oil ends lower on economy concerns

  Benchmark U.S. crude gave up some early gains Monday on a surprise expansion of German exports and signs of increased oil consumption in China to ... 

• Oil rises as Germany's exports expand

  The price of oil rose to near $87 a barrel on Monday, boosted by expanding exports in Germany and higher growth in electricity consumption and ... 

• Oil prices fall slightly after US jobs report

  The price of oil ended the week lower after the latest U.S. jobs report offered a mixed picture of the economy. Benchmark oil dropped 33 cents to ... 

• Oil prices fall slightly after upbeat jobs report

  The price of oil is bouncing between small gains and losses after the latest report on hiring in the U.S. offered a mixed picture of the economy. 

• Oil drops on bleak outlook for Europe economy

  The price of oil fell Thursday after the European Central Bank predicted a bleak year ahead for the region's economy but stopped short of offering new ... 

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  Oil stays below $88 on ample US stocks

  The price of oil hovered below $88 a barrel on Thursday as mounting evidence of ample seasonal U.S. crude stocks was partly offset by ongoing worries ... 

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  Asia stocks higher on hopes for US budget deal

  Asian stock markets rose Wednesday as investors became increasingly convinced that U.S. political leaders will reach a budget deal that avoids a major ... 

• Oil closes lower as 'cliff' negotiations drag on

  Worries over the looming "fiscal cliff" and the health of the U.S. economy drove oil prices lower Tuesday. U.S. lawmakers have less than a month to ... 

• Oil slips to near $88 on US manufacturing worries

  The price of oil fell to near $88 a barrel on Wednesday amid worries over the U.S. economy, largely because a budget deal has yet to be agreed between ... 

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  Oil up as China manufacturing offsets weak US data

  An early spike in the price of oil was short-lived on Monday, as optimism about a strong manufacturing report from China gave way to worries here at ... 

• Oil edges over $89 as China manufacturing improves

  The price of oil edged up above $89 a barrel Monday as investors were encouraged by signs that China's economy may be picking up after a prolonged ... 

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  AP IMPACT: China overtaking US as global trader

  Shin Cheol-soo no longer sees his future in the United States. The South Korean businessman supplied components to American automakers for a decade. 

• Asia stocks rise on improved China manufacturing

  Asian stock markets rose Monday after surveys showed a recovery in China's manufacturing. HSBC's Purchasing Managers' Index rose to 50.5 in November ... 

• Oil up 1 pct.; weather outlook sinks natural gas

  The price of oil rose 1 percent Friday as traders weighed a new debt deal in Europe and political bickering in the U.S. over looming tax increases and ... 

• Oil slips below $88 on stall in US budget talks

  The price of oil fluctuated near $88 a barrel on Friday amid uncertainty about progress in U.S. budget talks meant to avoid automatic tax increases ... 

• Oil rises on higher economic growth expectation

  The price of oil rose Thursday on an improved reading on U.S economic growth while lawmakers continued their tussle over the "fiscal cliff." The ... 

• Oil rises on hopes of avoiding 'fiscal cliff'

  The price of oil rose Thursday on optimism that a deal to avert a so-called fiscal cliff will be reached before year's end and encouraging economic ... 

• Asia stocks up on hopes for a US budget deal

  Signs that U.S. political leaders may be closing in on a budget deal to avoid the so-called "fiscal cliff" boosted Asian stock markets Thursday.