FinFacts logo FinFacts 21 months ago

Markets News Friday: Euro falls from above $1.55; Oil price hits new record of above $105 a barrel in New York

In New York Thursday, the credit crisis moved back to centre stage as two big name financial forms defaulted on loan obligations and there was further grim data on the housing market. Full Article at FinFacts

Related Topics:

  1. OPEC
  2. BP p.l.c.
  3. Citigroup

Related Articles

  1. USA Today logo
    Oil prices fluctuate after hitting record above $106
    21 months ago

    Oil prices jumped to a record above $106 Friday but extended their recent pattern of choppy trading after a weak jobs report ... Full Article at USA Today

  2. The Columbian logo
    Oil Prices Fall on US Payroll Figures
    21 months ago

    Oil prices fell Friday as U.S. payroll figures seemed to offer further proof of an economic slowdown in the world's biggest oil consuming nation. Full Article at The Columbian

  3. Austin American-Statesman logo
    Oil prices break record again, soar above $104
    21 months ago

    Oil prices reached a record close, surging above $104 a barrel after OPEC decided Wednesday to keep its production unchanged. The cartel ignored calls from President Bush to pump more oil into an ailing economy. Full Article at Austin American-Statesman

  4. Huffington Post logo
    Oil Jumps on Surprise Supply Drop
    21 months ago

    NEW YORK — Oil surged Wednesday, rising a remarkable $5 a barrel to a new record over $104 a barrel after the government reported a surprise drop in crude oil stockpiles and OPEC held production levels steady. Full Article at Huffington Post

View all Related Articles »

Related Quotes

  1. The swings in the dollar are still the most critical item
    SOURCE: USA Today 21 months ago
  2. There are expectations that the dollar will go lower, and that's driving money into commodities ... Traders now have this mantra: sell the dollar and buy oil, or buy commodities.
    SOURCE: The Columbian 21 months ago
  3. The higher the market goes, the more volatile it becomes ... Does it mean that the rally is over? No.
    SOURCE: USA Today 21 months ago
  4. The dollar is continuing to slide, with the greenback reaching a fresh record low
    SOURCE: Channel News Asia 21 months ago
View all Related Quotes »
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Cast of Characters

  1. OPEC OPEC
  2. George W. Bush George W. Bush
  3. Chakib Khelil Chakib Khelil
  4. Citigroup Citigroup
  5. BP p.l.c. BP p.l.c.
  6. John Hall John Hall