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President Obama will meet with families affected by the Tornado in Oklahoma on Sunday. Sen. Tom Coburn (R-OK) shares his appreciation for the leadership in his state that has risen amidst tragedy.
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Data published by the Munich- based Ifo think tank on Friday showed Germany's business morale rose to its highest level in more than half a year, indicating Europe's largest economy is gaining momentum.
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*China, U.S. manufacturing grow at quickest pace in two years. LONDON, Jan 25- Oil prices rose towards $114 a barrel on Friday as robust economic data from the United States, China and Germany lifted the outlook for global fuel demand. Manufacturing in China and the United States grew this month at the quickest pace in about two years.
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*China, U.S. manufacturing grow at quickest pace in two years. LONDON, Jan 25- Oil held above $113 a barrel on Friday as robust economic data from the United States, China and Germany lifted the outlook for global fuel demand. Manufacturing in China and the United States grew this month at the quickest pace in about two years.
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*China, U.S. manufacturing growth at quickest pace in two years. SINGAPORE, Jan 25- Brent crude held above $113 on Friday, on track to post a second week of gains as robust economic data from the United States and China lifted the outlook for fuel demand in the world's two largest oil consumers.
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"We were up earlier on improving investor confidence in Germany and the ECB's announcement that they were going to help some of the financial institutions repay some of the loans earlier, which helped support the Euro and pushed buying into the oil markets," said Gene McGillian, analyst at Tradition Energy in Stamford, Connecticut.
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*China, U.S. manufacturing growth at quickest pace in two years. SINGAPORE, Jan 25- Brent crude held above $113 on Friday, on track to post a second week of gains as positive economic data from the United States and China lifted the fuel demand outlook at the world's two largest oil consumers.
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*Copper rises after strong US, China manufacturing data. NEW YORK, Jan 24- U.S. oil prices rose on Thursday, as news that a troubled crude pipeline could be restored soon triggered a rebound from the previous session's losses, while copper closed higher due to strong global economic data.
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NEW YORK, Jan 24- Oil prices rose in heavy trade on Thursday, buoyed by strong economic data from China, the eurozone and the United States, with U.S. crude prices getting an extra boost from expectations that the vital Seaway pipeline could resume full capacity operation within a week.
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NEW YORK, Jan 24- Oil prices rose on Thursday, buoyed by strong economic data from China, the eurozone and the United States, with U.S. crude prices getting an extra boost from expectations the vital Seaway pipeline could resume full capacity operation within a week.
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LONDON, Jan 24- Brent crude oil prices rose above $113 a barrel on Thursday, underpinned by upbeat data from China, Germany and the United States, while U.S. crude rebounded as capacity constraints at the Seaway pipeline are now seen as short-lived. Carsten Fritsch, an oil analyst at Commerzbank in Frankfurt, said that Brent was essentially trading sideways. "
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LONDON, Jan 24- Brent crude oil prices held above $112 a barrel on Thursday, supported by upbeat manufacturing data from China and Germany, but U.S. crude stocks remained in focus after capacity in the Seaway pipeline was reduced.
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*Concern over swollen Cushing oil stocks weighs on WTI. SINGAPORE, Jan 24- Brent crude held above $112 a barrel on Thursday, supported by upbeat manufacturing data from China that could mean higher fuel demand to come in the world's second largest oil consumer.
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*Concern over swollen Cushing oil stocks weighs on WTI. SINGAPORE, Jan 24- Brent crude held above $112 a barrel on Thursday, supported by upbeat manufacturing data from China that could mean higher fuel demand to come in the world's second largest oil consumer.
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*Copper down on subdued China demand Improving global economy weighs on gold. Jan 23- U.S. oil prices fell sharply on Wednesday as pipeline problems raised worries that crude supplies will swell in the country's Midwest, and soybean and grain markets slid in reaction to forecasts for better crop weather in major grower Argentina.
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*U.S. stocks advance, techs up; Apple results due after close. IBM up on earnings, outlook; S&P 500, Dow industrials at 5- yr highs. After the market closed, Apple Inc, the world's largest technology company, reported quarterly revenue that slightly missed Wall Street expectations as sales of its flagship iPhone came in below target.
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NEW YORK, Jan 23- U.S. crude prices dropped sharply on Wednesday afternoon following news a key oil pipeline had restricted throughput, leading to expectations that supplies will swell at the Midwest delivery point for the contract.
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*Israel elections reduce risk of Iran strike, analysts say. LONDON, Jan 23- Brent crude oil held steady above $112 a barrel on Wednesday as investors awaited inventory data from the United States for clues to demand in the world's largest oil consumer. These added to upbeat economic data this month from the top two economies, the United States and China.
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*Bank of Japan pledges aggressive actions to boost economy. NEW YORK, Jan 22- Brent crude futures edged up in choppy trading on Tuesday, supported by Bank of Japan plans for asset buying, while U.S. economic data and milder weather forecast for the U.S.
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NEW YORK, Jan 18- Oil prices rose on Friday, recovering from an earlier dip after news that the U.S. House of Representatives will consider a bill to raise the debt ceiling enough to allow the country to pay its bills for another three months.
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NEW YORK, Jan 17- Oil rose on Thursday as financial markets got a boost from improving U.S. economic data showing jobless claims fell to a five-year low and housing starts rose sharply. Meanwhile, the seizure by Islamic militants of a gas facility in OPEC country Algeria raised concern that regional turmoil could disrupt energy exports.