Oil Hovers

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  • Oil hovers above $71 amid weak demand, US dollar

    Sep 23rd, 2009 - Boston

    SINGAPORE—Oil prices hovered above $71 a barrel Wednesday in Asia as signs of weak crude demand were offset by a slumping U.S. dollar. Benchmark crude for November delivery was down 22 cents at $71.

  • Oil hovers near $72 in thin trade, market seeks fresh cues

    Sep 20th, 2009 - Reuters

    PERTH (Reuters) - Oil prices were little changed amid thin trading and hovered around $72 a barrel on Monday, as traders sought fresh cues on the pace of recovery in the global economy as well as movements in the U.S...

  • Oil hovers under $71 as US crude supplies climb

    Sep 16th, 2009 - AOL News

    LONDON -Oil traded just below $71 a barrel Wednesday as an unexpected rise in U.S. crude supplies heightened investor concerns about weak consumer demand. Benchmark crude for October delivery was down 18 cents to $70.

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