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New York's main oil futures contract, light sweet crude for delivery in October, closed up 57 cents at 69.83 dollars per barrel. 



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BRENT NORTH SEA

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New York's main oil futures contract, light sweet crude for delivery in October, closed up 57 cents at 69.83 dollars per barrel. 



On Wednesday, New York crude had dipped to 68.63 dollars, its lowest point since June 27, following news of a shock weekly increase in crude oil reserves in the United States. 


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abtest

Inflation to remain within 3-5 pct range despite oil price hike

March 6, 2012 - 10:30pm

Inflation is expected to remain within 3 to 5 percent target range this year despite a possible spike in global oil prices owing to tensions in the Middle East, senior economic managers assured Tuesday.

Local stocks surge to over 2-year high

By Zinnia B. Dela Peña | April 13, 2010 - 12:00am

The local stock market soared to a fresh two-year high yesterday – its best finish in over 26 months – as foreign investors snapped up bargain blue chip stocks and select second-liners.

Business

Index declines as investors take profits

March 3, 2010 - 12:00am

The stock market declined yesterday with investors deciding to take profit as trading drew to a close.

Business

Oil nears $82 a barrel as global economy recovers

October 24, 2009 - 12:00am

SINGAPORE (AP) — Oil prices rose to near $82 a barrel in Asia yesterday, just below a one-year high, as signs the global economic recovery is gathering pace fueled investor optimism.

Business

Stocks surge past 2,900-point level for 1st time in 18 months

By Zinnia B. Dela Peña | October 8, 2009 - 12:00am

Local share prices rose 2.86 percent yesterday, sending the benchmark composite index past the 2,900 level for the first time in almost 18 months.

Business

Oil prices breach $98 as US dollar sinks to new low

November 8, 2007 - 12:00am

Headlines

Oil prices rise towards 71 dollars on solid US data

August 25, 2007 - 1:15am

Nation

Oil prices slightly lower in Asian trade

August 24, 2007 - 3:50pm

Nation

Oil prices flat in Asian trade

August 24, 2007 - 11:35am

SINGAPORE (AFP) - Oil prices were flat in Asian trade Friday as investors kept an eye on global financial and equity markets shaken by a crisis in US lending to risky home loan borrowers, dealers said. Prices have...

Nation

Oil prices climb amid markets recovery

August 24, 2007 - 4:21am

NEW YORK (AFP) - World oil prices advanced yesterday as calmer global financial markets eased concerns about weaker economic growth that would dampen energy demand, traders said. New York's main oil futures contract,...

Nation