MORE FROM Energy

energy

Oil falls below $98 on growth worries

LONDON - Oil fell to a 16-month low below $98 per barrel on Friday as weak jobs data, poor manufacturing data from China and a spiralling euro zone debt crisis deepened worries over the prospects for global economic growth.

energy

energy

Oil down near $103, eyes worst month in 2 yrs

Oil fell towards $103 on Thursday as disappointing data from the United States and India fuelled nervousness around the global demand outlook, compounding eurozone worries and putting oil on course for its biggest monthly percentage drop in two years.

energy

energy

Oil hits 2012 low under $107 on eurozone turmoil

Oil prices slipped below $107 a barrel on Friday and hit a 2012 low as investors fought shy of riskier, growth-oriented assets on fears that Greece would leave the euro, and after a downgrade of 16 Spanish banks by Moody’s added to the contagion gloom.

energy