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Crude Oil Prices Mixed in Asia Trade

The Hindu Business Line -- Singapore, Jan 7:

Oil prices were mixed in Asian trade today as weak energy demand and concerns over more fiscal battles in Washington tempered the news of a modest growth in the US jobs market.

New York’s main contract, light sweet crude for delivery in February, shed two cents to $93.07 a barrel while Brent North Sea crude for February delivery gained 14 cents to $111.45.

Data on Friday showed that the US economy generated 1,55,000 jobs in December, and the unemployment rate held at 7.8 per cent.

However, a US government report last week showing softer fuel demand outweighed that news, Phillip Futures said in a market commentary.

Weaker US energy demand “added to bearish concerns about oil markets, which have been closely monitoring economic data for signals about consumption,


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Submitted Jan 07, 2013 By: MidNJ
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Crude Oil Prices Mixed in Asia Trade Back to Topics
REPLIES (newest first) Post a Reply
jrs4125
Champion Author Indiana

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Message Posted: Jan 8, 2013 7:21:45 AM

Dooooooooh
PDQBlues
Champion Author San Diego

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Message Posted: Jan 7, 2013 6:18:16 PM


So does that indicate a growing world economy or not?
md11capt
Champion Author Denver

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Message Posted: Jan 7, 2013 10:02:47 AM

The confusion continues.
investmentdr
Champion Author Cleveland

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Message Posted: Jan 7, 2013 9:19:00 AM

down now
investmentdr
Champion Author Cleveland

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Message Posted: Jan 7, 2013 9:18:44 AM

Hindu Business Line?
fora_7
Champion Author Montreal

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Message Posted: Jan 7, 2013 9:12:52 AM

so many articles about oil prices. Some say it will go up, some others, it going down. One thing for sure. Prices are mostly going along with demand. And the demand is there. So it wil keep up going up.
amoshins
Champion Author Trenton

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Message Posted: Jan 7, 2013 8:12:05 AM

keep it mixed, not higher!
BigRedVTX
Champion Author Georgia

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Message Posted: Jan 7, 2013 7:54:16 AM

So, is it mixed or is it down?
Peachy1
Champion Author St. Louis

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Message Posted: Jan 7, 2013 7:52:43 AM

Does this REALLY surprise anyone???
bcline909
Veteran Author Virginia

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Message Posted: Jan 7, 2013 7:37:09 AM

okay
wrunner
Champion Author Virginia

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Message Posted: Jan 7, 2013 7:35:31 AM

Oil and water don't mix.

Oil and Asia do not mix.

OHIO50
Champion Author Denver

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Message Posted: Jan 7, 2013 7:35:29 AM

Really.
grandpadon28110
Champion Author Charlotte

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Message Posted: Jan 7, 2013 7:30:17 AM

So.
turboz2012
Champion Author Charleston

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Message Posted: Jan 7, 2013 7:29:48 AM

mixed in one article, down in another
SSwathwood
All-Star Author Denver

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Message Posted: Jan 7, 2013 7:28:08 AM

I'm tired of all the speculating and then I pay the price.
Joeski1
Champion Author New Jersey

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Message Posted: Jan 7, 2013 6:59:18 AM

I' m burning it recklessly while it's cheap..........

in fact... I wish I had a big SUV or truck so I could burn even more and bring friends along...

(most don't want to ride in the back seat...)
daytonabiker
Champion Author Florida

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Message Posted: Jan 7, 2013 6:48:23 AM

wall street speculators all over again
my gasoline prices are up to 3.40
sawdust1825
Champion Author Illinois

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Message Posted: Jan 7, 2013 6:20:37 AM

Get the speculators fingers out of the gas prices.
dandvicb
Champion Author Bridgeport

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Message Posted: Jan 7, 2013 6:18:52 AM

Speculators!!
pscamp
Champion Author Ottawa

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Message Posted: Jan 7, 2013 6:17:41 AM

OK
millerin
Champion Author Orlando

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Message Posted: Jan 7, 2013 5:57:17 AM

Interesting
sabre75
Champion Author Florida

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Message Posted: Jan 7, 2013 5:55:07 AM

Hope it keeps dropping and everything else keeps improving.
bills299
Champion Author Atlanta

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Message Posted: Jan 7, 2013 5:17:11 AM

it's a step in the right direction!
DutchTreatMI
Champion Author Grand Rapids

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Message Posted: Jan 7, 2013 5:15:14 AM

Hopefully things will get better for the average American but at this point it is only speculation.
mystic92
Champion Author New Jersey

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Message Posted: Jan 7, 2013 5:14:08 AM

lets hope it keeps dropping
Bonanza
Champion Author Boston

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Message Posted: Jan 7, 2013 5:09:03 AM

It must keep heading downward
truckpdlr
Champion Author Tucson

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Message Posted: Jan 7, 2013 5:07:04 AM

Lets hope it keeps going down
Cachase1
Champion Author Oklahoma City

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Message Posted: Jan 7, 2013 5:04:08 AM

Let's hope prices will drop further.
WEB0153
Champion Author Maryland

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Message Posted: Jan 7, 2013 5:01:33 AM

Speculator paradise
jetlagAK
Champion Author Anchorage

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Message Posted: Jan 7, 2013 4:56:38 AM

Use demo logic and Ban Demand.
gabbygusIN
Champion Author Indiana

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Message Posted: Jan 7, 2013 4:56:37 AM

Speculators back at in the new year!!!
Tiput
Champion Author Ottawa

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Message Posted: Jan 7, 2013 4:54:17 AM

up and down again.
singlemom27
Champion Author Ventura

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Message Posted: Jan 7, 2013 4:49:11 AM

It just increases the prices at the pump to pay for these greedy people doing nothing to earn the bucks!
BigDogOH
Champion Author Cincinnati

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Message Posted: Jan 7, 2013 4:46:41 AM

Speculators everywere
1fulltank
Champion Author Buffalo

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Message Posted: Jan 7, 2013 4:41:52 AM

I suppose Asia has it's own squad of speculators.
fratt
Champion Author Grand Rapids

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Message Posted: Jan 7, 2013 4:39:28 AM

Get rid of ALL speculators!
BEngr
Champion Author Illinois

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Message Posted: Jan 7, 2013 4:30:02 AM

I don't usually get to excited if the oil trade is not in the United States.
jci25946
Champion Author Tampa

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Message Posted: Jan 7, 2013 4:27:14 AM

Yada yada
bassakwards007
Champion Author Orange County

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Message Posted: Jan 7, 2013 4:27:00 AM

Been rising where I am.
TravelinMan52
Champion Author Augusta

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Message Posted: Jan 7, 2013 4:26:17 AM

It sure would be nice if the pump prices would lower some...
bobzilla11
Champion Author Indiana

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Message Posted: Jan 7, 2013 4:24:59 AM

$2 gas
jacob5066
Champion Author College Station

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Message Posted: Jan 7, 2013 4:18:25 AM

Not surprised
joko0
Champion Author New Jersey

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Message Posted: Jan 7, 2013 4:17:53 AM

Every day has a new way to spin the numbers
LanguageMan1
Champion Author Tampa

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Message Posted: Jan 7, 2013 4:16:57 AM

Price is still too high, and even though a few lower paying jobs may have been created, it doesn't offset the 600,000 additional people that had to go on food stamps over the last month as well. They can lie and say what they want but things are getting worse.
hokieburgh
Champion Author Virginia

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Message Posted: Jan 7, 2013 4:14:00 AM

recent prices seem to be fairly flat
TommyTraveler
Champion Author Cincinnati

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Message Posted: Jan 7, 2013 4:12:29 AM

This is just a scam by the huge cartels that control the oil diamonds, gold and our food supplies.
Rick52
Champion Author Milwaukee

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Message Posted: Jan 7, 2013 4:11:01 AM

Good...I hope it goes down more...Maybe $60.... Bunch of Gougers..
Few jobs created and they have to raise prices..

[Edited by: Rick52 at 1/7/2013 4:12:06 AM EST]
afghaned
Champion Author Ottawa

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Message Posted: Jan 7, 2013 4:10:00 AM

With the new finds the price should be going down.
metrojeep
Champion Author Fort Worth

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Message Posted: Jan 7, 2013 4:08:04 AM

Up here
rahcat
Champion Author Grand Rapids

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Message Posted: Jan 7, 2013 4:02:39 AM

Just like an elevator...."Gping Up"
gougenator
Champion Author Dallas

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Message Posted: Jan 7, 2013 4:01:42 AM

softer fuel demand ,,,just means more exports /cut production ,forget any lower gas prices ,aint happenin
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