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Tag Archives: oil prices

Oil hovers near $90 amid Europe action hopes

The price of oil hovered near $90 a barrel on Monday, holding onto most of the previous week’s gains, as expectations remain elevated that the European Central Bank would act to prevent Spain’s financial woes from deepening. By early afternoon ...

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Oil falls below $84 ahead of Fed policy meeting

SINGAPORE (AP) — Oil fell below $84 a barrel Wednesday in Asia as investors waited word from the U.S. Federal Reserve on whether it plans new stimulus measures to boost weak economic growth. Benchmark oil for July delivery was down ...

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Experts downbeat on global economy

CERNOBBIO, Italy — Business leaders and finance experts gathered in Italy offered a downbeat assessment of the global economy Friday — with several predicting another recession due to a calamitous cocktail of sluggish growth, eurozone dysfunction, and financial market volatility. ...

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