Latest Brent Oil prices and news
Oil prices fell to near $78 a barrel Friday in Asia as the region's stock markets dropped on dour economic figures from Japan ahead of a key U.S. growth report.
Oil prices rose Thursday as better-than-expected earnings from ExxonMobil Corp., Southwest Airlines Co. and others bolstered hope for an improving economy.
World oil prices were higher on Thursday, winning support from firmer equities and the weaker dollar after recent falls that were sparked by downbeat news in key consumer the United States.
World oil prices jumped on the back of a weaker dollar and positive European data.
SINGAPORE - Oil prices tumbled in Asian trade Friday on profit-taking ahead of a key report expected to show that the US rebound from recession is losing pace.
Crude oil traded little changed in New York after rising for the first time in a week as the dollar declined and on optimism fuel demand will increase amid improved prospects for an economic recovery.
RPT-Oil slips toward $78 on forecasts for slower U.S. Q2 growth
Oil prices hovered near $77 barrel Thursday in Asia amid signs of a slowing U.S. economy and weak demand for crude.
