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Oil Prices Down As Iran Agrees To Resume Talks Over Nuclear Programme

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Oil Prices Down As Iran Agrees To Resume Talks Over Nuclear Programme

Huffington Post - Apr 9, 2012
04/ 9/2012 7:26 am Updated: 04/ 9/2012 8:58 am/ * Coming Up: Fed Chairman Ben Bernanke speaks; 2315 GMT (Updates with quotes, prices) LONDON, April 9 (Reuters) - Oil prices fell more than $1 on Monday after Iran agreed to resume talks over its nuclear programme, easing fears of a supply disruption in the Middle East. Prices were also under pressure on concerns about the pace of U.S. economic recovery after data last week showed U.S. employers had hired far fewer workers in March than in previous months. Job growth in the world's biggest oil ...

 

OIL FUTURES: Crude Ends Lower On Iran Talks, Jobs Data

Wall Street Journal - Apr 9, 2012
Iran talks, set for April 14, lower fears about Persian Gulf conflict NEW YORK (Dow Jones)--Crude oil futures fell Monday, briefly brushing eight-week lows as talks between Iran and major powers set for later this week helped cool worries about conflict in the oil-producing region. Light, sweet crude for May delivery settled 85 cents, or 0.8%, lower at $102.46 a barrel on the New York Mercantile Exchange, after dipping as low as $100.81 .../ --Iran talks, set for April 14, lower fears about Persian Gulf conflict NEW YORK (Dow Jones)--Crude ...

 

OIL FUTURES: Crude Falls On Jobs Report, Iran Talks

Wall Street Journal - Apr 9, 2012
Weak U.S. jobs report Friday pulls down oil futures NEW YORK (Dow Jones)--Crude oil futures fell Monday, stung by a disappointing U.S. jobs report released on Friday and cooling fears about Iran. Light, sweet crude for May delivery recently traded $1.70, or 1.6%, lower at $101.61 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange fell $1.55 to $121.88 a barrel./ --Weak U.S. jobs report Friday pulls down oil futures NEW YORK (Dow Jones)--Crude oil futures fell Monday, stung by a disappointing U.S. jobs ...

 

Oil prices drop ahead of Iran talks

Christian Science Monitor - Apr 9, 2012
Oil prices fall below $102 a barrel. Iran set to negotiate its nuclear program with six major powers Friday, pushing oil prices even lower after last week's fall on weaker US demand./ Oil prices fell below $102 a barrel Monday amid hopes that international talks between and the six major powers scheduled for this week may help avoid military action over/ , benchmark oil for May delivery was down $1.41 to $101.90 a barrel in electronic trading on the . The contract added $1.84 to settle at $103.31 in on Thursday. The global oil market was ...

 

Oil falls below $102 amid signs of weak US economy

Yahoo! News - Apr 10, 2012
fell below $102 a barrel Tuesday in Asia as weak March hiring raised the prospect that U.S. crude demand will remain tepid. Benchmark oil for May delivery was down 52 cents to $101.94 a barrel at late afternoon Singapore time in . The contract fell 85 cents to settle at $102.59 in New York on Monday. for May delivery was down 31 cents at $122.36 per barrel in London. added just 120,000 jobs last month, which was half as much as each of the previous three months and fewer than analysts expected. Crude had jumped from $75 in October to $110 ...

 

Oil hovers near $102 amid signs of weak US economy

Yahoo! News - Apr 9, 2012
hovered above $102 a barrel Tuesday in Asia as weak March hiring raised the prospect that U.S. crude demand will remain tepid. Benchmark oil for May delivery was down 18 cents to $102.28 a barrel at midday Singapore time in . The contract fell 85 cents to settle at $102.59 in New York on Monday. for May delivery was down 30 cents at $122.37 per barrel in London. added just 120,000 jobs last month, which was half as much as each of the previous three months and fewer than analysts expected. Crude had jumped from $75 in October to $110 last ...

 

Oil drops to near $102 ahead of Iran nuclear talks

Yahoo! News - Apr 8, 2012
fell to near $102 a barrel Monday in Asia amid hopes international talks this week may help avoid military action over Benchmark oil for May delivery was down $1.19 to $102.12 a barrel at midday Singapore time in . The contract added $1.84 to settle at $103.31 in New York on Thursday. The Brent crude for May delivery was down $1.07 at $122.36 per barrel in London. On Sunday, Iran state television said negotiations with the U.S., China, Russia, France, Britain and Germany over the country's nuclear program are scheduled to begin Friday in ...

 

Crude ends lower on jobs data, Iran talks

Reuters - Apr 9, 2012
U.S. crude oil futures fell on Monday, resuming trading after a three-day holiday weekend, as slower-than-expected jobs growth for March stoked demand worries and renewed talks on Iran's nuclear program eased supply-disruption worries. U.S. jobs growth slowed to 120,000 in March, the smallest increase since October, according to U.S. Labor Department data released on Friday. The increase was far below economists' expectations in a Reuters poll for a 203,000 rise. The unemployment rate edged down to 8.2 percent, from 8.3 percent in February, ...

 

COMMODITIES-Mostly down on US jobs data; oil tracks Iran talks

Reuters - Apr 9, 2012
Revived Iran nuclear talks put more pressure on oil * Gold bucks trend as investors hope again for US easing NEW YORK, April 9 (Reuters) - Oil prices fell on Monday as revived talks on Iran's nuclear program eased fears of supply disruptions, while other commodities slipped as slowing U.S. jobs growth raised doubts about demand in the No. 1 economy. Copper prices slid on indications that top buyer China will be importing less of the metal amid a slowing economy. On the agricultural side, corn futures ended lower on liquidation ahead of key ...

 

GLOBAL MARKETS-Shares, oil fall as US jobs data stirs concern

Reuters - Apr 9, 2012
Stocks fall after jobs report spurs U.S. economy worries * Oil futures drop but recoup some losses on Iran talks * Euro rebounds versus dollar from earlier losses * European, Canadian markets closed on Monday By Herbert Lash NEW YORK, April 9 (Reuters) - Global stocks and crude oil fell on Monday as investors reacted to the surprisingly sharp slowdown in U.S. jobs growth reported last week, which raised concerns about the strength of the world's largest economy. Stocks on Wall Street and crude oil futures prices slid about 1 percent on the ...

 



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