PERTH, Nov 30 (Reuters) - U.S. crude prices steadied at
around $76 on Monday, as nervous investors continued to eye
developments in debt-laden Dubai with caution and assess its
impact on the pace of the global economic recovery.
FUNDAMENTALS
* U.S. crude for January delivery slipped 7 cents to $75.98
a barrel by 0043 GMT. The contract fell $1.91 to $76.05 a
barrel on Friday, 2.5 percent below Wednesday's settlement.
* Abu Dhabi, wealthy capital of the United Arab Emirates,
will "pick and choose" how to assist debt-laden neighbour
Dubai, a senior official said on Saturday, after fears of a
Dubai default sent global markets reeling. []
* Iran announced plans on Sunday to build 10 new uranium
enrichment plants in a major expansion of its atomic programme,
just two days after the U.N. nuclear watchdog rebuked it for
carrying out such work in secret. []
MARKETS NEWS
* The dollar rose against the euro and a basket of
currencies on Friday as fears of a possible Dubai debt default
boosted the greenback's safe-haven appeal. []
* Dubai, jobs data, Black Friday results and a chance for
Congress to throw fireballs at Fed chief Ben Bernanke: The U.S.
stock market's path to glory is fraught with peril this week.
[]
* Fears of a possible Dubai debt default rippled through
markets for a second day on Friday, but the exodus from stocks
and rush to the safe-haven U.S. dollar slowed as investors
discounted contagion. []
DATA/EVENTS
* The following data is expected on Monday:
- Britain consumer confidence for Nov
- Japan construction orders (1600 local time)
- Japan Housing Starts (1600 local time)
- France Producer Prices Oct
- Italy Producer Prices Oct
- Britain Mortgage lendings, approvals
RELATED NEWS > Oil falls 2.5 pct on Dubai default worries
[] > Black Friday sales seen strong,but will it
last?[] > Banks, world leaders play down Dubai
debt threat[] > US stocks drop, dollar gains on
Dubai worry [] > Dubai fears will burnish dlr's
safe-haven appeal[]
PRICES
Oil prices as of 0043 GMT
Contract Mnth Price Change Day ago pct MA-20*
NYMEX Contracts
US Crude JAN0 $75.98 -0.07 -$1.91 -2.45% $78.13
Heat Oil DEC9 196.23 +0.01 -2.79 -1.40% 201.86
RBOB DEC9 192.90 +0.28 -7.14 -3.57% 197.31
Natgas JAN0 $5.147 -0.045 +$0.029 +0.56% $4.639
ICE Contracts
Brent JAN0 $76.89 -0.29 +$0.19 +0.25% $77.54
Gasoil DEC9 $609.00 +4.00 -$5.75 -0.94% $622.33
Note: U.S. heating oil and RBOB gasoline contracts listed in
cents per gallon.
* = 20-day moving average for continuation month.
(Reporting by Fayen Wong; Editing by Himani Sarkar)
((fayen.wong@thomsonreuters.com; +618 9456 1947; Reuters
Messaging: fayen.wong.reuters.com@reuters.net))
((If you have a query or comment on this story, send an email
to news.feedback.asia@thomsonreuters.com))
RECENT CRUDE OIL TRADES
Asia...[] Europe...[] Americas...[]
CRUDE OIL MARKET NEWS
Crude oil tenders in Asia.........[]
Crude oil supply outages in
Asia............[]
Refinery outages in Asia.....[]
Global arbitrage news and flows..[]
W.African crude imports to Asia,
monthly........[]
REFINERY MAINTENANCE DIARIES
Asia...[] Middle East...[] Europe...[]
NATIONAL CRUDE IMPORT DATA
Japan..............<METI/JP1>
China..............[]
India..............[]
S.Korea............[]
Indonesia.......[]
CRUDE OIL INVENTORY DATA
Japan...[] US...[] Europe...[]
CRUDE OIL PRODUCTION/OILFIELD NEWS
OPEC output survey...[] New Asian
fields...[]
New Africa fields...[] New Europe
fields..[]
New Americas fields..[] New
projects.....[]
CRUDE OIL MARKET REPORTS
Middle East...........[] Asia-Pacific........[]
West Africa.........[] North
Sea............[]
Asia outlook.......[] Europe
outlook.....[]
Global futures report...[] Technicals
report......[]
PRICES
For all Official Selling Prices.......[]
For a POLL on oil prices.............[]
NYMEX and ICE oil futures............<OILOIL>
TOCOM crude oil futures..............<0#JCO:>
Dubai, Oman swaps and
spread...............<ASIA/SWAP/CRUDE>
Middle East physical crude
diffs...............<CRUDE/ASIA2>
Australia physical crude, Tapis
swaps..........<CRUDE/ASIA1>
Asia-Pacific physical crude.....<CRUDE/ASIA3>
All Asian crude oil differentials.<0#C-DIF-A>
All Asian crude oil outright prices...<0#C-A>