Oil falls, stocks up but investors still jittery

March 9, 2011 09:29

SINGAPORE - Oil prices fell further on Wednesday as OPEC considered raising production, pushing up Asian stocks, although investors remained on edge because of the turmoil in the Middle East.

The euro fell as worries about European sovereign debt problems intensified following Moody's credit rating downgrade for Greece on Monday.

European shares were set to fall on Wednesday after gains in the previous session, with a Portuguese bond auction likely to be in focus as jitters about the euro zone sovereign debt crisis resurface.

Related Content

Breaking news
May 25, 2018
Saudi Arabia makes new arrest in crackdown on activists