Monday, April 25, 2011

BANGKOK (AP) -- Rising oil prices and anticipation that China might tighten monetary policy yet again to combat inflation kept Asian stock markets in check on Monday.
Oil prices rose to near $113 a barrel after Libyan rebels in control of key oil producing areas in the OPEC nation said they won't produce crude for at least a month as they repair fields damaged in fighting. In currencies, the dollar was up against the yen but lower against the euro.

No comments:

Post a Comment