Oil slips towards $77 as markets await data
AP - 24 minutes agoAP - 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 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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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 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 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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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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Crude Oil Rises on Iranian Military Test, Weaker U.S. Dollar
Bloomberg - Mon Nov 23, 8:22 am ETNov. 23 (Bloomberg) -- Crude oil rose from a one-week low after an Iranian military exercise renewed concerns over Middle Eastern supply, while the weaker dollar heightened oil’s appeal as an inflation hedge.
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Crude Oil Rises on Speculation Demand to Improve With Economy
Bloomberg - Sun Nov 22, 6:53 pm ETNov. 23 (Bloomberg) -- Crude oil rose from a one-week low on speculation demand will increase as the global economy makes a slow recovery from its worst recession since World War II.
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U.S. Gasoline Falls to $2.6477/Gallon, Lundberg Says (Update1)
Bloomberg - Sun Nov 22, 4:26 pm ETNov. 22 (Bloomberg) -- The average price of regular gasoline at U.S. filling stations fell to $2.6477 a gallon on lower demand for the motor fuel and as the price of crude oil declined.
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OIL DATA: China Confirms Oct Crude Oil Imports 19.3M Tons
The Forex Market - Sun Nov 22, 8:08 pm ETBEIJING (Dow Jones)--China's General Administration of Customs Monday confirmed October crude oil imports reached 19.3 million metric tons, close to 4.56 million barrels a day, up 20% from a year earlier.
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Crude Oil Continues Slide
TheStreet.com - Fri Nov 20, 11:40 am ETCrude oil retreated further from the $80 a barrel level on Friday, as energy prices continued their declines in tandem with the broader market.
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GASOLINE PRICES DECLINE AS CRUDE OIL SLIPS TO $76.35 PER BARREL
Santa Rosa Press Gazette - Tue Nov 17, 1:36 pm ETWith crude oil slipping to the lowest level on the New York Mercantile Exchange (NYMEX) since Oct. 15, and oil refineries operating at historically low levels, the price of gasoline is in retreat. According to Retail Fuel Watch, the latest inventory...
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Crude Oil Drops for First Time in Four Days as Equities Decline
Bloomberg - Thu Nov 19, 4:37 pm ETNov. 19 (Bloomberg) -- Crude oil fell for the first time in four days as equities dropped, signaling that the U.S. economy and fuel demand will rebound at a slower pace.
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Russian Stocks Head for Lowest Close in 11 Days; Gazprom Drops
Bloomberg - 1 hour 51 minutes agoNov. 24 (Bloomberg) -- Russian stocks fell, poised for their lowest close since Nov. 13, as a drop in crude prices dragged down OAO Lukoil , the country’s second-largest oil producer, and other energy shares.
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