Monday, April 23, 2007

Asian Energy Stocks Climb on Higher Oil Prices; Inpex Gains, Toyota Drops

(Bloomberg) -- Asian energy stocks rose after crude oil prices yesterday completed their biggest two-day gain in a month and Inpex Holdings Inc. reported earnings that beat the company's estimate.

Toyota Motor Corp. and Hynix Semiconductor Inc. declined on concern the jump in oil prices will boost fuel bills in the world's biggest economies, damping demand for Asian exports.


Read more at Bloomberg Stocks News

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