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Prices also pushed lower as Hurricane Dean spared major US energy production facilities in the Gulf of Mexico. 



New York's main futures contract, light sweet crude for delivery in October, sank 66 cents to 68.91 dollars per barrel after falling as low as 68.63 dollars -- which was last seen on June 27. 


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SINGAPORE (AFP) - Crude oil prices were firmer in Asian trade Wednesday on bargain hunting after overnight falls on easing concerns as vital US energy facilities were spared from Hurricane Dean's fury, dealers said.
At 11:00 am (0300 GMT), New York's main contract, light sweet crude for October delivery rose 29 cents to 69.86 US dollars from 69.57 in late US trades Tuesday.
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                    [Title] => Oil prices mixed in Asian trade on US subprime credit woes
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SINGAPORE (AFP) - Oil prices were mixed in Asian trade Friday, with the market taking a hit from the escalating contagion sparked by troubles in the US subprime credit sector, dealers said. 



There are concerns that the financial impact of US lending to borrowers with poor credit records would lead to slower economic growth in the United States and elsewhere which would dampen demand for oil, they said. 


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                    [Title] => Oil prices edge lower in Asian trade
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SINGAPORE (AFP) - Oil prices edged lower in Asian trade Monday as Nigeria's oil unions suspended a two-day-old strike Saturday, relieving concerns of possible disruptions to shipments, dealers said. 



The market remains focussed on tight gasoline (petrol) supplies as the peak-demand US summer driving season got underway Saturday, they added 



At 10:40 am (0240 GMT), New York's main oil futures contract, light sweet crude for delivery in July, was down 30 cents at 64.90 dollars per barrel from 65.20 dollars in US trades Friday. 


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PURVIN AND GERTZ

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Prices also pushed lower as Hurricane Dean spared major US energy production facilities in the Gulf of Mexico. 



New York's main futures contract, light sweet crude for delivery in October, sank 66 cents to 68.91 dollars per barrel after falling as low as 68.63 dollars -- which was last seen on June 27. 


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At 11:00 am (0300 GMT), New York's main contract, light sweet crude for October delivery rose 29 cents to 69.86 US dollars from 69.57 in late US trades Tuesday.
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SINGAPORE (AFP) - Oil prices were mixed in Asian trade Friday, with the market taking a hit from the escalating contagion sparked by troubles in the US subprime credit sector, dealers said. 



There are concerns that the financial impact of US lending to borrowers with poor credit records would lead to slower economic growth in the United States and elsewhere which would dampen demand for oil, they said. 


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SINGAPORE (AFP) - Oil prices edged lower in Asian trade Monday as Nigeria's oil unions suspended a two-day-old strike Saturday, relieving concerns of possible disruptions to shipments, dealers said. 



The market remains focussed on tight gasoline (petrol) supplies as the peak-demand US summer driving season got underway Saturday, they added 



At 10:40 am (0240 GMT), New York's main oil futures contract, light sweet crude for delivery in July, was down 30 cents at 64.90 dollars per barrel from 65.20 dollars in US trades Friday. 


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abtest