Publicité
Oil dips below $94, dollar and stocks stuggle
Par
Partager cet article
Oil dips below $94, dollar and stocks stuggle
Oil fell below $94 a barrel on the day before, pinching some of Asia?s top resource stocks, while nagging fears that a credit market squeeze will sap global growth weighed on the dollar and the region?s exporters. News that top US bank, Citigroup, got a $7.5 billion capital injection from Abu Dhabi?s investment arm on Tuesday buoyed US stocks and the dollar overnight and helped most Asian markets start with modest gains. But the confidence boost proved too short-lived to push the region?s stocks higher as the news came against the backdrop of more dismal US economic data and wary investors locked in profits on the dollar?s rise and a rare bounce in bank stocks.
US crude eased to a low of $93.80 a barrel, its lowest since November 19, pressured by concerns about global economic growth and prospects the OPEC exporters? cartel will lift output.
Publicité
Publicité
Les plus récents
