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Local Time: 8/9/2010 3:32:45 AM GMT Time: Wed, 8 Sep 2010 01:32:45

Oil lower on US and euro zone doubts (7/27/2010)

Oil prices fell in Asian trade as worries about the US and euro zone economies clouded sentiment.

New York's main contract, light sweet crude for September delivery, fell six cents to $78.92 a barrel, while Brent North Sea crude, also for September, was eight cents weaker at $77.42. Stock markets yesterday mostly shrugged off the results of Europe's banking stress tests, which gave approvals to all but seven European lenders, prompting scepticism among many experts. Providing a lift was the latest data from the US Commerce Department showing that new home sales had increased 23.6% to 330,000 units in June, from a revised May rate of 267,000.

Oil prices fall below 74 dollars in Asian trade (9/7/2010)
Dollar rises against euro on concerns over European banks (9/7/2010)
Stocks fall on fresh European bank concerns (9/7/2010)
Obama to propose 100 billion tax credit (9/6/2010)
EU budget chief says UK rebate should end (9/6/2010)
Oil prices lower in Asian trade (9/6/2010)
HK, Shanghai stocks gain after U.S. jobs data (9/6/2010)
Euro at three-week high versus dollar (9/6/2010)
Nikkei up 2.1 pct after breaking above key resistance (9/6/2010)
WTO chief wants G20 push on global trade deal (9/6/2010)
Oil slips below $74 as U.S. driving season ends (9/6/2010)
Euro hits 3-week high, pares gains (9/6/2010)
Banks must pay for Greece crisis: Slovakian PM (9/5/2010)
IMF's Lipsky says moderate world recovery underway (9/5/2010)
Nikkei climbs 0.6 pct; caution before jobs data (9/3/2010)
Crude prices below 75 dollars in Asian trade (9/3/2010)
Dollar moves narrowly ahead of key jobs data (9/3/2010)
Hong Kong gold closes higher (9/3/2010)
European stocks rise at open; London up 0.21 percent (9/3/2010)
Gazprom to double gas imports from Azerbaijan (9/3/2010)
Japanese shares up 1.52 percent on Wall Street recovery (9/2/2010)
European stocks slip at open; London down 0.33 pc (9/2/2010)
Hong Kong gold closes lower (9/2/2010)
US officials to visit China for talks (9/2/2010)
Lehman says two units need help to avoid failing (9/2/2010)
Stock futures point to Wall Street edging lower (9/2/2010)
Gazprom's Profit Triples (9/2/2010)
Oil hovers below $74 as Asian stocks gain (9/2/2010)
Spain needs pain for better future: Zapatero (9/1/2010)
Two-speed eurozone a new test for the ECB (9/1/2010)
London shares open higher after positive US news (9/1/2010)
Nigeria embarks on vast free trade zone with China (9/1/2010)
China agrees to step up trade with Spain (8/31/2010)
HK stocks fall, post monthly loss; Foxconn plunges (8/31/2010)
Oil slips on US recovery fears (8/31/2010)
Yen stronger after BoJ action underwhelms (8/30/2010)
Oil up in Asian trade (8/30/2010)
Hong Kong gold closes higher (8/30/2010)
Wall St falls as economy worries persist (8/30/2010)
Oil dips as concerns about economy persist (8/30/2010)