 |
01 Apr 2004 01:46 AM
|
|
|
White House: market forces should set oil prices:
|
|
|
Following OPEC's decision to cut oil production by 4 percent Wednesday, the White House reiterated its long-standing belief that the world's oil producing nations should not take actions that hurt the U.S. economy.
|
|
|
31 Mar 2004 05:30 AM
|
|
|
Brent crude up at $32.63, OPEC to cut, 1 minister says:
|
|
|
North Sea Brent crude was up 18 cents at $32.63 a barrel in mid-morning trade in London, holding the gains seen in the futures amid an overnight explosion and fire at BP's huge Texas City, Texas, refining complex as well as an OPEC meeting on production levels
|
|
|
31 Mar 2004 01:09 AM
|
|
|
Crude futures end above $36 per barrel:
|
|
|
Crude futures closed back above $36 per barrel on the New York Mercantile Exchange after at least two OPEC members said they'll vote Wednesday for the cartel to cut 1 million barrels per day from its output quotas.
|
|
|
31 Mar 2004 01:07 AM
|
|
|
Oil tops $36 as OPEC comments lean toward cut:
|
|
|
Oil futures traded above $36 per barrel, after OPEC members Saudi Arabia and Venezuela said they plan to back the cartel's pledge to cut output quotas next month.
|
|
|
30 Mar 2004 09:04 AM
|
|
|
U.S. consumer confidence dips a bit in March:
|
|
|
U.S. consumer confidence fell slightly in March, the Conference Board said Tuesday.
|
|
|
30 Mar 2004 06:50 AM
|
|
|
Oil Rises After Saudi Backs OPEC Cut:
|
|
|
Oil prices rose on Tuesday after OPEC's most influential member Saudi Arabia threw its weight behind imminent supply cuts, though divisions within the cartel prevented a steeper rally, analysts said.
|
|
|
30 Mar 2004 12:24 AM
|
|
|
Euro Bounces Back Ahead of ECB:
|
|
|
The euro bounced higher on Tuesday in jittery trading ahead of a euro zone interest rate decision this week, while the yen held firm, supported by expectations for a solid economic recovery in Japan.
|
|
|
30 Mar 2004 12:17 AM
|
|
|
U.S. Stock-Index Futures Decline:
|
|
|
U.S. stock-index futures declined ahead of an economic report that may show consumer confidence in the world's largest economy fell to its lowest since October amid concerns about the job market.
|
|
|
30 Mar 2004 12:16 AM
|
|
|
U.S. Consumer Confidence May Fall This Month:
|
|
|
Consumer confidence may fall this month to the lowest point since October amid concerns over the job market and a decline in stock prices, a survey of economists showed in advance of today's report.
|
|
|
28 Mar 2004 11:12 PM
|
|
|
Oil futures down nearly $2 for the week :
|
|
|
Crude futures recovered from a two-week low to close near the session's high, but prices still lost almost $2 per barrel for the week.
|
|
|
26 Mar 2004 05:55 AM
|
|
|
U.S. stock funds have outflows of $2.1 bln: Trim Tabs:
|
|
|
Funds investing primarily in U.S. stocks had outflows of $2.1 billion during the week ending March 24
|
|
|
26 Mar 2004 05:55 AM
|
|
|
Treasurys lower, put pare loss after data:
|
|
|
Treasury prices remained lower for a third session, but the initial decline was pared after the inflation component of a spending report proved not as strong as expectations.
|
|
|
26 Mar 2004 04:53 AM
|
|
|
German Ifo indicator falls again in March, to 95.4:
|
|
|
The Ifo Institute on Friday said that German business sentiment eroded again
|
|
|
26 Mar 2004 12:15 AM
|
|
|
German business confidence probably fell for a second month :
|
|
|
German business confidence probably fell for a second month in March as a global recovery failed to ignite consumer demand in Europe's largest economy, according to a survey of economists.
|
|
|
25 Mar 2004 11:55 PM
|
|
|
Crude futures drop 4% to end the session:
|
|
|
May crude fell by $1.50, or 4.1 percent, to settle at $35.51 a barrel as the market bet that OPEC would raise production quotas when it meets next week.
|
|
|
|
|
|
|