Newsvine logo Newsvine 20 months ago

Oil Gyrates, but Hits New Record

NEW YORK — 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 Newsvine

Related Topics:

  1. Federal Reserve
  2. European Central Bank
  3. Goldman Sachs

Related Articles

  1. USA Today logo
    Oil prices fluctuate after hitting record above $106
    20 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 Down Slightly Near $105
    20 months ago

    Oil prices were slightly lower Friday, after jumping to a trading record near $106 a barrel in the previous session as the dollar's slide to new lows prompted investors to pump more money into commodities. Full Article at The Columbian

  3. Houston Chronicle logo
    Oil steady in Asia after spiking to record near $106
    20 months ago

    SINGAPORE — Oil prices were steady today after jumping to a trading record near $106 a barrel in the previous session as the dollar's slide to new lows prompted investors to pump more money into commodities. Full Article at Houston Chronicle

  4. WFAA logo
    Oil price hits another new peak
    20 months ago

    The price of regular unleaded is pushing $4 a gallon at this station in Redwood City, Calif. Full Article at WFAA

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Related Quotes

  1. 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: Newsvine 20 months ago
  2. If the U.S. Administration was really concerned about the rise in oil, then its efforts would be better spent publicly defending the dollar rather than chastising OPEC
    SOURCE: Newsvine 20 months ago
  3. We don't see oil demand accelerating while the price has its foot on the throat of consumers
    SOURCE: USA Today 20 months ago
  4. We have the speculative funds and investors betting that oil pricing will strengthen. On the other hand, we have the commercial players, who actually ship and use the oil, betting that prices will decline
    SOURCE: Houston Chronicle 20 months ago
View all Related Quotes »
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  8. WASHINGTON - OCTOBER 29: U.S. President Barack Obama makes comments about attending a dignified transfer at Dover Air Force Base last night during a meeting with Minister Mentor Lee Kuan Yew of Singapore in the Oval Office at the White House October 29, 2009 in Washington, DC.
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Cast of Characters

  1. OPEC OPEC
  2. George W. Bush George W. Bush
  3. Chakib Khelil Chakib Khelil
  4. John Hall John Hall
  5. Federal Reserve Federal Reserve
  6. ExxonMobil ExxonMobil