Oil drops below $61 as big rally pauses

Oil drops slightly to near $81 as rally cools
Oil prices dropped slightly to near $81 a barrel Tuesday in Asia as traders looked for a new catalyst to extend last week's rally amid mixed lower regional stock markets.

Oil hovers above $75 as Asian stocks rally
Oil prices hovered above $75 a barrel Monday in Asia, buoyed by rallying global stock markets and improving investor sentiment.

Oil hovers near $77 as stocks extend rally
Oil prices hovered near $77 a barrel Wednesday in Asia as a rally fueled by a stock market surge and a stronger euro pauses.

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