Oil settles down despite promising mid-day rally

(Reuters) - Oil prices declined on Thursday as an erratic dollar and expectations of weakening demand dashed hopes that a strong rally Wednesday might have signaled a bottom to the seven-month price rout.

Oil holds ground as traders search for bottom of rout

(Reuters) - Global oil prices were little changed for a second straight day on Thursday after better-than-expected U.S. jobs data helped the market hold ground after a 10 percent loss earlier in the week.

Brent Crude Falls to Two-Year Low After IEA Demand Cut

Brent crude fell to the lowest level in more than two years, narrowing its premium over West Texas Intermediate, after the International Energy Agency cut demand forecasts.

WTI, Brent Oils Set for Weekly Drop on Slow Jobs Growth

West Texas Intermediate and Brent crudes dropped after weaker-than-estimated U.S. jobs growth in August and as Ukraine and pro-Russian separatists agreed to a cease-fire.

Oil Falls as German Manufacturing Output Contracts

Oil dropped as German manufacturing output unexpectedly contracted in March, signaling the euro-zone debt crisis is slowing growth in the region’s biggest economy.

WTI Oil Advances as Jobs Data Bolsters U.S. Economy

West Texas Intermediate oil advanced after U.S. unemployment benefit applications dropped to a six- week low, bolstering optimism about the country’s economy, and the dollar weakened against the euro.

Crude Oil Advances as Fed Commits to Low Rates, Durable Goods Orders Gain

Oil rose after the Federal Reserve announced it plans to keep U.S. interest rates near a record low through 2014 and a report showed durable goods orders in the world’s biggest crude-consuming country increased.