Gazprom reissues Ukraine threat

The Russian gas giant threatens to cut supplies to Ukraine on Jan. 1 if it does not settle an outstanding debt.img src=”http://feedproxy.google.com/~r/rss/money_news_international/~4/bLvVeBfvLPo” height=”1″ width=”1″/

Oil settles below $40

The price of oil fell Tuesday, after a big rally in the previous session, as dour economic reports darkened the outlook for already weak demand for oil and gasoline.img src=”http://feedproxy.google.com/~r/rss/money_news_international/~4/KZIa2vGHViw” height=”1″ width=”1″/

Dollar falls against major currencies

The dollar fell against major currencies Tuesday after reports showed huge declines in new home sales and weak consumer confidence.img src=”http://feedproxy.google.com/~r/rss/money_news_international/~4/VOgnd4Fmuk4″ height=”1″ width=”1″/

Oil off session lows

The price of oil pared earlier losses Tuesday, after a big rally in the previous session, as dour economic reports vied with a weaker dollar and rising stock prices.img src=”http://feedproxy.google.com/~r/rss/money_news_international/~4/KZIa2vGHViw” height=”1″ width=”1″/

Dollar sinks against euro, yen

The U.S. dollar fell against the euro and a basket of currencies Tuesday as weak U.S. housing data and a dim economic outlook for the start of 2009 weighed on the currency.img src=”http://feedproxy.google.com/~r/rss/money_news_international/~4/Keb9PCFj7to” height=”1″ width=”1″/

Dollar falls in light trading

The dollar weakened against major currencies Monday, as a light trading day left markets largely inactive and Middle East conflict raised concerns about oil and commodities.img src=”http://feedproxy.google.com/~r/rss/money_news_international/~4/SHf_thv_Ihg” height=”1″ width=”1″/

Oil bounces back above $37

Oil prices rose back above $37 a barrel Friday after OPEC member United Arab Emirates detailed how it would cut production as part of the trade group’s pledge to reduce output by 2.2 million barrels a day in January.img src=”http://feedproxy.google.com/~r/rss/money_news_international/~4/67EA8BtD09I” height=”1″ width=”1″/