Ample supply drives oil below $77 per barrel
AP - Wed Dec 2, 3:17 pm ETAP - Oil prices dipped Wednesday with more evidence that the country is using less energy while oil and gasoline supplies continue to grow.
Oil and Gas
34621 Stories, most recent news story added 5 minutes ago
News Stories
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Crude Oil, Gasoline Stockpiles Rise Sharply
TheStreet.com - Wed Dec 2, 11:55 am ETThe EIA said crude oil and gasoline inventories rose more than expected last week.
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Crude Oil Stockpiles Rise 2.1 Million Barrels
INO News - Wed Dec 2, 11:41 am ET(RTTNews) - Crude oil inventories unexpectedly rose last week, according to data released by the Energy Information Administration. Gasoline stockpiles rose much more than expected.
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Crude Oil Declines After Report Shows U.S. Inventory Gain
Bloomberg - Wed Dec 2, 10:23 am ETDec. 2 (Bloomberg) -- Crude oil fell after an industry report showed that inventories in the U.S., the world’s biggest fuel-consuming country, climbed.
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Crude Oil Declines as Growing Supply Dampens Recovery Outlook
Bloomberg - Wed Dec 2, 8:37 am ETDec. 2 (Bloomberg) -- Crude oil fell after an industry report showing an increase in U.S. supplies reinforced speculation that fuel demand will be slow to recover.
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U.S. crude oil supplies climb
UPI - Wed Dec 2, 12:03 pm ETWASHINGTON, Dec. 2 (UPI) -- U.S. crude oil inventories rose by 2.1 million barrels in the week ending Nov. 27, the U.S. Energy Information Administration said Wednesday.
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Crude Oil Drops Below $77 Per Barrel
INO News - 1 hour 24 minutes ago(RTTNews) - Crude oil prices dropped sharply on Wednesday after the Energy Information Administration reported a surprise build in inventories, raising concerns of weak demand.
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Crude Oil Rises as Chinese Manufacturing Growth Accelerates
Bloomberg - Tue Dec 1, 5:15 pm ETDec. 1 (Bloomberg) -- Crude oil rose after a report showed Chinese manufacturing expanded at the fastest pace in five years, bolstering hopes that fuel demand will increase in the world’s second-biggest energy-consuming country.
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ETFs for Betting on Crude Oil
TheStreet.com - Wed Dec 2, 10:55 am ETCrude oil demand is on the rise. Retail investors can bet on this energy source with exchange-traded funds and notes.
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Crude oil prices hold steady overnight
UPI - Wed Dec 2, 10:39 am ETNEW YORK, Dec. 2 (UPI) -- Crude oil prices held steady overnight at nearly $78 per barrel as equity markets staged a comeback in New York.
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Oil, Gasoline Tumble After U.S. Supplies Climb, Demand Drops
Bloomberg - 1 hour 26 minutes agoDec. 2 (Bloomberg) -- Crude oil and gasoline tumbled after a government report showed that inventories climbed last week as consumption declined. Supplies of crude oil rose 2.09 million barrels to 339.9 million, the highest level since August, the Energy Department said today.
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Oil, Gasoline Decline After U.S. Supplies Climb, Demand Drops
Bloomberg - Wed Dec 2, 12:37 pm ETDec. 2 (Bloomberg) -- Crude oil and gasoline declined after a government report showed that inventories climbed last week as consumption declined. Supplies of crude oil rose 2.09 million barrels to 339.9 million last week, the highest level since August, the Energy Department said today.
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Canadian Dollar Weakens as Crude Oil Drops, Stocks Erase Gains
Bloomberg - 1 hour 6 minutes agoDec. 2 (Bloomberg) -- Canada’s dollar weakened against its U.S. counterpart as crude oil tumbled, an index of commodity prices fell and stocks erased gains, diminishing the appeal of currencies tied to growth.
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Canadian Currency Weakens as Crude Oil Declines on Inventories
Bloomberg - Wed Dec 2, 1:24 pm ETDec. 2 (Bloomberg) -- Canada’s dollar weakened as crude oil tumbled after a U.S. report showed inventories climbed last week amid a decline in consumption.
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Crude Oil Finishes Lower After Two Days Of Gains
Fox News - 2 hours 32 minutes agoCrude Oil Finishes Lower After Two Days Of Gains
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Crude Oil Rises for a Second Day as Chinese Manufacturing Grows
Bloomberg - Tue Dec 1, 8:30 am ETDec. 1 (Bloomberg) -- Crude oil rose for a second day after a report showed Chinese manufacturing expanded at the fastest pace in five years, spurring hopes that the world’s second- biggest oil user will buoy consumption.
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Crude oil prices rise Tuesday
UPI - Tue Dec 1, 5:48 pm ETNEW YORK, Dec. 1 (UPI) -- Crude oil prices rose for the second consecutive day Tuesday, climbing to nearly $78 per barrel after a manufacturing index rose in China.
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Gasoline Futures Advance on Stronger Equities, Lower Dollar
Bloomberg - Tue Dec 1, 6:22 pm ETDec. 1 (Bloomberg) -- Gasoline futures followed crude oil and equities higher as the dollar weakened, raising the appeal of commodities as an alternative investment, and Chinese manufacturing picked up.
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Dollar Choppy Ahead Of EIA Weekly Inventory Report
INO News - Wed Dec 2, 10:49 am ET(RTTNews) - The Energy Information Administration is scheduled to release its weekly petroleum inventory report at 10:30 AM ET. Analysts are forecasting a drop of 1.3 million barrels of crude oil and an increase of 900,000 barrels of gasoline for the week ended November 27.
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Crude oil prices jump Tuesday
UPI - Tue Dec 1, 9:33 am ETNEW YORK, Dec. 1 (UPI) -- Crude oil prices rose for the second consecutive day Tuesday, topping $78 per barrel after a manufacturing index rose in China.
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Estimation & Classification Of Reserves Of Crude Oil, Natural Gas & Condenstate
Rigzone - 5 minutes agoThis book covers all aspects of estimating and classifying reserves of crude oil, natural gas, and condensate attributed to primary recovery mechanisms. Both deterministic and probabilistic procedures are discussed.
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