Current Oil News World Headlines
Oil drops nearly 4% on unexpected U.S. job losses - Xinhua News Agency
NEW YORK, July 2 (Xinhua) -- Oil prices dropped nearly 4 percent on Thursday as the United States lost more jobs in June than expected. Light, sweet crude for August delivery fell 2.58 U.S. dollars, or 3.7 percent, to settle at 66.73 dollars a barrel ...
Asian and European markets lackluster as investors brace for US jobs ... - Minneapolis Star Tribune
Oil slips below $69 ahead of US jobs report ECB expected to keep interest rate at 1 percent June jobless rate seen rising to 9.6 percent Hitachi to supply lithium-ion batteries to GM GM urges quick approval of sale plan HONG KONG - Most Asian markets ...
Oil Set for Third Weekly Loss After U.S. Unemployment Increases - Bloomberg
July 3 (Bloomberg) -- Crude oil extended its losses, poised for a third week of declines, after a U.S. report showed unemployment in the world’s largest energy consuming nation rose to the highest in almost 26 years last month. Oil dropped more ...
Crude oil prices fall Thursday - The Money Times
New York -- Crude oil prices fell sharply to under $67 per barrel on the New York Mercantile Exchange Thursday as increased unemployment rattled hope for a quick recovery. The U.S. Labor Department said unemployment rose from 9.4 percent to 9.5 ...
Rogue trades cost oil broker $10m - BBC Business
PVM Oil Futures said it was a "victim of unauthorised trading on Tuesday June 30" and said it was conducting a full investigation. PVM said it had informed the Financial Services Authority and the InterContinental Exchange, which is where much ...
Oil prices slide on weak US jobs report - West Online
Oil prices sank under $US67 dollars a barrel on Thursday after weak jobs data quashed hopes of a speedy economic recovery in the United States, which is the world's top energy consumer. New York's main contract, light sweet crude for August delivery ...
Oil prices tumble as Europe and the US shed jobs - The State
NEW YORK -- Oil prices tumbled to their lowest level in a month Thursday following the release of woeful job numbers in Europe and the U.S. Benchmark crude for August delivery fell $2.58, nearly 4 percent, to settle at $66.73 a barrel on the New York ...
CANADA STOCKS-TSX slides on weak oil, US jobs data - Reuters
TORONTO, July 2 (Reuters) - Toronto's main stock index finished lower on Thursday as oil prices slid and a gloomy U.S. jobs report dimmed hopes for a quick economic recovery. U.S. employers cut more jobs than expected in June and the unemployment ...
UPDATE: Shots fired in Oil Springs - The Observer
A 49-year-old Oil Springs man was arrested by Lambton OPP Thursday after police were called and told shots had been fired south of the village. According to police, oil workers were tending to wells on a property on Gum Bed Line shortly before 11 a.m ...
Stocks, oil drop after U.S. jobs data - Reuters
NEW YORK (Reuters) - U.S. and European stocks fell more than 2 percent on Thursday after U.S. government data showed the U.S. economy shed more jobs than expected in June, dampening the outlook for an economic turnaround. The U.S. jobs data boosted ...
