Tuesday, 2 August 2011

Oil falls to near $94 as US economy weakens

(AP) Oil prices fell to near $94 a barrel Tuesday in Europe as worries over the state of the U.S. economy overshadowed a deal to raise the U.S. debt ceiling, a move that avoids the risk of a debt default. By early afternoon in Europe, benchmark oil for September delivery was down 80 cents at $94.09 ...

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  • Oil's biggest day yet drags down stocks ... Oil fell near $95 a barrel Friday after the U.S. government said the economy expanded at a meager 1.3 percent annual rate in the ...

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