02 May '11, 5am

Oil falls below $113 after bin Laden killed

Oil prices eased off two-and-a-half-year highs to below $113 a barrel Monday after President Barack Obama announced that al-Qaida leader Osama bid Laden had been killed. Benchmark crude for June delivery was down $1.23 at $112.70 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange . The contract rose $1.07 to settle at $113.93 on Friday and reached $114.18 during in the session, the highest since September 2008. In London, Brent crude for June delivery was down 98 cents to $124.91 a barrel on the ICE Futures exchange . Obama said bin Laden was killed Sunday by American special forces in Pakistan. Traders said the death of bin Laden could weaken al-Qaida's ability to carry out attacks and destabilize the oil-rich Middle East. However, al-Qaida operatives could also seek revenge for their leader's death, and political uprisings this ye...

Full article: http://sg.news.yahoo.com/oil-falls-below-113-bin-laden-ki...

Tweets

Pakistani security official says Osama bin Laden killed

Pakistani security official says Osama bin Lade...

channelnewsasia.com 02 May '11, 4am

ISLAMABAD: A Pakistani security official on Monday told AFP that he could confirm Osama bin Laden had been killed in a "hi...

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straitstimes.com 02 May '11, 5am

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sg.news.yahoo.com 02 May '11, 8am

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channelnewsasia.com 02 May '11, 4am

TOKYO : The US dollar rose against the euro and the yen after reports on Monday that Al Qaeda leader Osama bin Laden had b...

Factbox: Who was Osama bin Laden?

Factbox: Who was Osama bin Laden?

straitstimes.com 02 May '11, 3am

In this file photo, Osama bin Laden is seen at an undisclosed location in this television image broadcast. -- PHOTO: AP HE...

Asia stocks up on Osama bin Laden news

channelnewsasia.com 02 May '11, 8am

HONG KONG: Asian stocks were mostly positive on Monday with Japan climbing steadily and Sydney shaking off concerns over t...

Osama bin Laden dead

Osama bin Laden dead

channelnewsasia.com 02 May '11, 4am

WASHINGTON: Al-Qaeda leader Osama bin Laden is dead, a senior US official said, and President Barack Obama will announce n...

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todayonline.com 02 May '11, 3am

WASHINGTON - Osama bin Laden, the criminal mastermind behind al-Qaida and the world's most sought-after terrorist since th...

Osama bin Laden is dead and his body has been recovered by US authorities, US official says

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straitstimes.com 02 May '11, 3am

Al Qaeda's elusive leader Osama bin Laden is dead and his body has been recovered by US authorities, CNN reported on Sunda...

With Osama bin Laden's death, 'justice has been done': US President Obama

With Osama bin Laden's death, 'justice has been...

straitstimes.com 02 May '11, 4am

US President Barack Obama is pictured after announcing live on television the death of Osama bin Laden. -- PHOTO: REUTERS ...

Osama bin Laden dead; US president says justice...

channelnewsasia.com 02 May '11, 4am

WASHINGTON : Al-Qaeda mastermind Osama bin Laden was killed on Sunday in a firefight with US forces deep inside Pakistan, ...

World leaders hail killing of Osama bin Laden

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channelnewsasia.com 02 May '11, 8am

HONG KONG : The killing of Al-Qaeda chief Osama bin Laden in a covert US operation is a "victory for justice" that will br...

Japan's Nikkei index closes above 10,000 points...

straitstimes.com 02 May '11, 2am

TOKYO Japanese shares were 0.97 per cent higher by noon on Monday amid thin holiday trade with investors taking modest gai...

Gold eases after reports bin Laden dead: SINGAP...

sg.news.yahoo.com 02 May '11, 3am

SINGAPORE , May 2 (Reuters) - Gold prices fell on Monday on reports Osama bin Laden was dead and his body has been recover...

Obama takes aim at oil companies

todayonline.com 01 May '11, 7pm

WASHINGTON - United States President Barack Obama declared yesterday that oil companies are profiting from rising petrol p...