Libya Unrest
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Brent Crude Falls Towards $102 as Demand Concerns Outweigh Libya Unrest
Euro zone manufacturing growth slowed slightly more than initially thought in August, while growth in China's factory sector slipped to a three-month low last month, adding to concerns about oil demand.
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Brent Crude Falls Towards $102 as Demand Concerns Outweigh Libya Unrest
Euro zone manufacturing growth slowed slightly more than initially thought in August, while growth in China's factory sector slipped to a three-month low last month, adding to concerns about oil demand.
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18 Sudanese Killed in Libya Unrest: State Media
Eighteen Sudanese have been killed by a rocket strike in the Libyan capital, but Khartoum says the situation does not yet warrant an evacuation of its nationals, official media reported.
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End of siege fails to dispel Libyan security fears
Gunmen have ended a siege of Libya's foreign and justice ministries but the two-week standoff has left many unresolved questions about the government's ability to impose its authority in the capital, let alone the restive east of the country.
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Britain withdraws some Libya embassy staff amid unrest
Britain is temporarily pulling out some staff from its embassy in the Libyan capital Tripoli due to security concerns over recent political unrest, the Foreign Office said on Friday.
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Unrest in Libya, Syria impacted fertiliser subsidy bill: Pranab
The unrest in Libya and Syria has more than doubled the fertiliser subsidy bill from Rs 40,000 crore to Rs 90,000 crore, Finance Minister Pranab Mukherjee said.
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Oil climbs to 30-month high on Libya conflict
The price of oil rose to a 30-month high on Thursday as fighters loyal to Moammar Gadhafi pushed back rebels from key areas in eastern Libya. Benchmark West Texas Intermediate crude rose $2.45, more than 2 percent, to settle at $106.72 a barrel on the New York Mercantile Exchange. At one point it hit $106.83, the highest it's been since Sep...
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Libya unrest: Investors pull out billions from India, China
Investors disillusioned by the implosion of Wall Street titans, economic anemia in Japan, and a debt debacle in Europe have found abundant opportunities to grow wealth in industrializing economies like China and India. But now, as angry populations roil one Middle Eastern regime after the next, and discontent over escalating food prices and...
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Dow slides as jump in oil prices renews worries
Stocks suffered steep losses as oil prices surged on Tuesday, renewing worries that higher fuel prices could hobble the economic recovery. Oil rose $2.66 to settle at $99.63 a barrel amid unrest in Iran and Libya. Iran clamped down on anti-government protesters and forces loyal to Libya's leader Moammar Gadhafi launched counter-attacks agai...
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Asian shares fall early on global oil fears
Stocks in Asia fell sharply in early trading Wednesday and oil prices topped $100 a barrel, following steep drops in the U.S. on concerns that unrest in Iran and Libya could cause higher oil prices and hinder the global economic recovery. Benchmark crude for April delivery was up 59 cents at $100.22 a barrel in electronic trading on the New...
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Libya unrest drives oil prices to 2-1/2 year high
Just when oil markets appeared to be calming, crude oil prices surged again on Tuesday as the potential for more oil shipment disruptions spread across the Middle East and North Africa. With Libya’s oil exports almost entirely halted for the last several days, renewed unrest in Oman, Iran and Iraq rattled oil traders. An interruption ...
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Easing oil prices, deal news sends Wall St higher
Stabilizing oil prices and more signs of a stronger economy sent stocks sharply higher Monday. The Standard and Poor's 500 index had its best start of any year since 1998. Oil prices fell to about $97 a barrel as worries over the global oil market eased after reports that some Libyan ports reopened to oil tankers and Saudi Arabia was boosti...
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Wall Street recovers as crude oil prices stabilize
Stocks rose Friday as oil prices stabilized following a recent jump. The escalating turmoil in Libya still left major indexes down about 2 percent for the week. Oil prices settled at $97.88, down from a high of $103 Thursday but still up 13 percent over the last week. Oil prices have been rising, sending stocks lower, as concerns rose that ...
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Stocks stabilize as crude prices ease; Dow off 37
Stocks stabilized Thursday after two days of sharp declines brought on by Libya's deepening political crisis. The Dow Jones industrial average recouped much of its losses after oil prices eased in the afternoon, but still ended down for a third straight day. Broader market indicators were mixed. The Standard & Poor's 500 index lost 1 point ...
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Nifty below 5400 ahead of F&O expiry
The Indian markets are weak ahead of the F&O (futures and options) expiry today. The Sensex fell 126 points to 18,051 and the Nifty declined 39 points to 5,398 in early trade. Sharmila Joshi of Fairwealth Securities said the markets are stuck in a range because of the F&O expiry and it is difficult to draw a bearish or bullish pattern based on t...
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Brent Crude Falls Towards $102 as Demand Concerns Outweigh Libya Unrest
Euro zone manufacturing growth slowed slightly more than initially thought in August, while growth in China's factory sector slipped to a three-month low last month, adding to concerns about oil demand.
-
Brent Crude Falls Towards $102 as Demand Concerns Outweigh Libya Unrest
Euro zone manufacturing growth slowed slightly more than initially thought in August, while growth in China's factory sector slipped to a three-month low last month, adding to concerns about oil demand.
-
18 Sudanese Killed in Libya Unrest: State Media
Eighteen Sudanese have been killed by a rocket strike in the Libyan capital, but Khartoum says the situation does not yet warrant an evacuation of its nationals, official media reported.
-
End of siege fails to dispel Libyan security fears
Gunmen have ended a siege of Libya's foreign and justice ministries but the two-week standoff has left many unresolved questions about the government's ability to impose its authority in the capital, let alone the restive east of the country.
-
Britain withdraws some Libya embassy staff amid unrest
Britain is temporarily pulling out some staff from its embassy in the Libyan capital Tripoli due to security concerns over recent political unrest, the Foreign Office said on Friday.
-
Unrest in Libya, Syria impacted fertiliser subsidy bill: Pranab
The unrest in Libya and Syria has more than doubled the fertiliser subsidy bill from Rs 40,000 crore to Rs 90,000 crore, Finance Minister Pranab Mukherjee said.
-
Oil climbs to 30-month high on Libya conflict
The price of oil rose to a 30-month high on Thursday as fighters loyal to Moammar Gadhafi pushed back rebels from key areas in eastern Libya. Benchmark West Texas Intermediate crude rose $2.45, more than 2 percent, to settle at $106.72 a barrel on the New York Mercantile Exchange. At one point it hit $106.83, the highest it's been since Sep...
-
Libya unrest: Investors pull out billions from India, China
Investors disillusioned by the implosion of Wall Street titans, economic anemia in Japan, and a debt debacle in Europe have found abundant opportunities to grow wealth in industrializing economies like China and India. But now, as angry populations roil one Middle Eastern regime after the next, and discontent over escalating food prices and...
-
Dow slides as jump in oil prices renews worries
Stocks suffered steep losses as oil prices surged on Tuesday, renewing worries that higher fuel prices could hobble the economic recovery. Oil rose $2.66 to settle at $99.63 a barrel amid unrest in Iran and Libya. Iran clamped down on anti-government protesters and forces loyal to Libya's leader Moammar Gadhafi launched counter-attacks agai...
-
Asian shares fall early on global oil fears
Stocks in Asia fell sharply in early trading Wednesday and oil prices topped $100 a barrel, following steep drops in the U.S. on concerns that unrest in Iran and Libya could cause higher oil prices and hinder the global economic recovery. Benchmark crude for April delivery was up 59 cents at $100.22 a barrel in electronic trading on the New...
-
Libya unrest drives oil prices to 2-1/2 year high
Just when oil markets appeared to be calming, crude oil prices surged again on Tuesday as the potential for more oil shipment disruptions spread across the Middle East and North Africa. With Libya’s oil exports almost entirely halted for the last several days, renewed unrest in Oman, Iran and Iraq rattled oil traders. An interruption ...
-
Easing oil prices, deal news sends Wall St higher
Stabilizing oil prices and more signs of a stronger economy sent stocks sharply higher Monday. The Standard and Poor's 500 index had its best start of any year since 1998. Oil prices fell to about $97 a barrel as worries over the global oil market eased after reports that some Libyan ports reopened to oil tankers and Saudi Arabia was boosti...
-
Wall Street recovers as crude oil prices stabilize
Stocks rose Friday as oil prices stabilized following a recent jump. The escalating turmoil in Libya still left major indexes down about 2 percent for the week. Oil prices settled at $97.88, down from a high of $103 Thursday but still up 13 percent over the last week. Oil prices have been rising, sending stocks lower, as concerns rose that ...
-
Stocks stabilize as crude prices ease; Dow off 37
Stocks stabilized Thursday after two days of sharp declines brought on by Libya's deepening political crisis. The Dow Jones industrial average recouped much of its losses after oil prices eased in the afternoon, but still ended down for a third straight day. Broader market indicators were mixed. The Standard & Poor's 500 index lost 1 point ...
-
Nifty below 5400 ahead of F&O expiry
The Indian markets are weak ahead of the F&O (futures and options) expiry today. The Sensex fell 126 points to 18,051 and the Nifty declined 39 points to 5,398 in early trade. Sharmila Joshi of Fairwealth Securities said the markets are stuck in a range because of the F&O expiry and it is difficult to draw a bearish or bullish pattern based on t...
