AAP Oil and other energy prices climbed as another winter storm was expected to
dump even more snow on the US east coast and lift demand for energy
commodities. At 0651 AEDT, on the New York Mercantile Exchange, New York's main
futures contract, light sweet crude for delivery in March,
AAP NYMEX Oil prices ended last week at the lowest level in nearly two months,
weighed down by a stronger US dollar and persistent doubts about the health of
the global economy. Crude prices have now dropped more than 14 per cent since
cresting at a 15-month high of $US83.18 a barrel
LONDON (AFP) - World oil prices fell on Friday in the wake of
weaker-than-expected US jobs data and at the end of a volatile week for global
financial markets . New York's main futures contract , light sweet crude for
delivery in March, lost 34 cents to 72.80 dollars a barrel. A
AFP Oil prices have fallen after big gains earlier this week as the market
reacted to a surprise jump in crude oil inventories rose in the United States,
the world's biggest energy consumer. New York's main futures contract, light
sweet crude for delivery in March, dipped 25 cents to
At 7am AEDT, the dollar was trading at $US0.8827/29, down 0.49 per cent from
yesterday's close of $US0.8871/74. From 7am AEDT, the local unit had traded
between $US0.8815 and $US0.8905. Ozforex corporate dealer Darren Richardson
said the local currency had had a "pretty quiet night,"
The Australian dollar opened lower after a quiet overnight session and
profit-taking. At 7am, the Australian dollar was trading at 88.27 US cents,
down 0.49 per cent from yesterday's close of 88.71 US cents. From 7am, the
local unit had traded between 88.15 and 89.05 US cents. It was
AAP The Australian dollar opened lower after a quiet overnight session and
profit-taking. At 0700 AEDT, the Australian dollar was trading at $US0.8827/29,
down 0.49 per cent from Wednesday's close of $US0.8871/74. From 0700 AEDT, the
local unit had traded between $US0.8815 and
LONDON (AFP) - World oil prices crept higher on Wednesday as traders braced for
the traditional weekly energy inventories report in the United States, a key
consuming nation. New York's main futures contract , light sweet crude for
delivery in March, was up 71 cents at 77.94 dollars a
AAP NYMEX Oil prices rose sharply on Tuesday, building on strong gains made a
day earlier in the wake of higher equities, robust US manufacturing activity
and fresh unrest in Nigeria's key oil-producing region. New York's main futures
contract, light sweet crude for delivery in
AAP NYMEX Oil prices ended last week at the lowest level in nearly two months,
weighed down by a stronger US dollar and persistent doubts about the health of
the global economy. Crude prices have now dropped more than 14 per cent since
cresting at a 15-month high of $US83.18 a barrel
