NEW YORK (Reuters) - Oil fell more than 3 percent on Wednesday, with worry mounting about the petroleum demand outlook as the euro zone debt crisis pushed the single currency down near a two-year low against the dollar and after China signaled it was not planning a large economic stimulus.
Showing posts with label euro zone economy. Show all posts
Showing posts with label euro zone economy. Show all posts
Thursday, May 31, 2012
Saturday, April 21, 2012
Brent oil rises on risk outlook, Spain auction
LONDON (Reuters) - Brent crude oil gained on Thursday, bouncing from a two-month low set the previous session, as a Spanish bond auction attracted strong investor demand, alleviating some concerns about the health of the euro zone economy.
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