Oil slips towards $77 as markets await data
AP - Tue Nov 24, 6:44 am ETAP - Oil slipped towards $77 a barrel Tuesday as markets awaited data expected to show that the pace of U.S. economic recovery is slower than previously estimated.
Oil and Gas
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News Stories
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Rosneft, Lukoil Upgraded at UBS as Urals Crude Forecast Raised
Bloomberg - Fri Nov 20, 2:51 am ETNov. 20 (Bloomberg) -- OAO Rosneft and OAO Lukoil, Russia’s largest oil companies, had their price estimates upgraded at UBS AG, which increased its forecast for Urals crude to $79.30 a barrel from $74.30.
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Crude Oil Futures Dip Further After GDP Data
Fox News - Tue Nov 24, 9:13 am ETCrude Oil Futures Dip Further After GDP Data
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Crude Oil Futures Rise on Weak Dollar
TheStreet.com - Mon Nov 23, 12:55 pm ETCrude oil rallied alongside the rest of the commodities sector Monday, spurred by a weak greenback and mitigated concerns about high supply levels in the U.S. after a release on Chinese trade data.
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Price of crude oil slides slightly
UPI - Tue Nov 24, 9:18 am ETNEW YORK, Nov. 24 (UPI) -- Crude oil dipped under $76 a barrel on the New York Mercantile Exchange Monday, the first time in more than a month prices have fallen to that level.
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India’s 10-Year Bonds Advance on Crude Oil Drop, Rate Outlook
Bloomberg - 59 minutes agoNov. 25 (Bloomberg) -- Indian bonds gained for a second day on speculation the central bank will refrain from raising interest rates and inflation will slow due to a drop in crude oil prices.
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Qatar Petroleum Sells Al-Shaheen Crude Oil for January Loading
Bloomberg - Fri Nov 20, 8:52 am ETNov. 20 (Bloomberg) -- Qatar Petroleum, the country’s state-owned oil producer, sold Al-Shaheen crude for loading in January to SK Energy Co., Exxon Mobil Corp., Chevron Corp., Reliance Petroleum Ltd. and ConocoPhillips, said three traders who submitted offers for the cargoes.
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Crude Oil Ends Down 1.9% Ahead Of Supplies Data
Fox News - Tue Nov 24, 3:57 pm ETCrude Oil Ends Down 1.9% Ahead Of Supplies Data
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Canadian Currency Weakens as Crude Oil, Global Equities Slide
Bloomberg - Tue Nov 24, 2:13 pm ETNov. 24 (Bloomberg) -- Canada’s dollar weakened against its U.S. counterpart as crude oil, the nation’s largest export, and global equities dropped, diminishing the appeal of currencies tied to growth.
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Crude Oil Remain Under Pressure After Fed Minutes
Fox News - Tue Nov 24, 2:57 pm ETCrude Oil Remain Under Pressure After Fed Minutes
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Crude oil prices slide Monday
UPI - Mon Nov 23, 6:18 pm ETNEW YORK, Nov. 23 (UPI) -- Crude oil prices fell below $78 per barrel Monday as equities rose on Wall Street and the dollar traded lower against the euro and the yen.
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Crude Oil Futures Slide
TheStreet.com - Tue Nov 24, 1:40 pm ETCrude oil futures also took a dip as economic data weighed on the markets.
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Crude Oil Is Steady as U.S. Demand Declines, Dollar Weakens
Bloomberg - Mon Nov 23, 4:35 pm ETNov. 23 (Bloomberg) -- Crude oil was little changed after failing to break through resistance at $80 a barrel as the dollar weakened and fuel demand dropped in the U.S., the world’s biggest energy-consuming country.
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Canadian Currency Falls as Crude Oil, Global Stocks Fluctuate
Bloomberg - Tue Nov 24, 10:43 am ETNov. 24 (Bloomberg) -- Canada’s dollar weakened against its U.S. counterpart as crude oil, the nation’s largest export, and global equities swung between gains and losses, diminishing the appeal of currencies tied to growth.
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Crude Oil Rises on Weaker Dollar, Iranian Military Exercise
Bloomberg - Mon Nov 23, 2:37 pm ETNov. 23 (Bloomberg) -- Crude oil rose as a weaker dollar heightened the appeal of commodities to investors and an Iranian military exercise bolstered concern that Middle Eastern supplies may be disrupted.
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Crude Oil Rises on Improving Global Demand, Dollar Weakness
Bloomberg - Mon Nov 23, 2:52 am ETNov. 23 (Bloomberg) -- Crude oil rose from a one-week low on speculation demand will increase as the global economy recovers from its worst recession since World War II.
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Crude Oil Backs Off Highs, Finishes Above $77
INO News - Mon Nov 23, 4:10 pm ET(RTTNews) - Crude oil finished modestly higher Monday but backed off its daily high near $80 per barrel. Oil rose on a weaker dollar and concerns over political tensions in the Middle East.
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War games push crude oil prices
UPI - Mon Nov 23, 9:29 am ETNEW YORK, Nov. 23 (UPI) -- Crude oil prices rose during the weekend, pushing toward $79, as Iran began a military exercise that heightened tensions in the Middle East.
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Canada Dollar Gains Most in Two Weeks as Gold, Crude Oil Climb
Bloomberg - Mon Nov 23, 4:45 pm ETNov. 23 (Bloomberg) -- Canada’s currency appreciated the most in two weeks against its U.S. counterpart as gold and crude oil gained, burnishing the appeal of currencies tied to commodity prices.
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Crude Oil Falls a Second Day as Dollar Gains, Equities Drop
Bloomberg - Sun Nov 22, 5:38 pm ETNov. 20 (Bloomberg) -- Crude oil fell for a second day as the dollar strengthened against the euro, reducing the appeal of commodities to investors, and equity markets declined.
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Crude Oil Nears $80 A Barrel Even As Demand Erodes
The Inquisitr - Mon Nov 23, 7:55 pm ETNew York, NY (AHN) – Crude oil futures rose to near $80 a barrel on Monday despite static demand in the United States. Crude for December delivery reached $79.92 in trading on the New York Mercantile Exchange before settling at $77.64 a barrel, up 17 cents. January crude was last at $77.61. Oil hit its lowest point in [...]
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Oil slips to near $77 amid mixed demand signals
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