Energy futures spike; pump prices still flat
AP - 34 minutes agoAP - Holiday travelers can expect gasoline prices to remain steady through the weekend even though energy futures spiked Wednesday on a big draw down of crude and gasoline supplies.
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AP - Holiday travelers can expect gasoline prices to remain steady through the weekend even though energy futures spiked Wednesday on a big draw down of crude and gasoline supplies.
Dec. 21 (Bloomberg) -- Russian stocks advanced, adding to last week’s 5.2 percent gain for the benchmark Micex Index, as crude oil traded above $73 a barrel.
Dec. 22 (Bloomberg) -- Crude oil dropped after the Organization of Petroleum Exporting Countries agreed to maintain production targets at a meeting in Angola.
(RTTNews) - The American Petroleum Institute reported a decline in crude oil inventories on Tuesday afternoon. Gasoline and distillate stockpiles also fell, according to the industry data.
Dec. 22 (Bloomberg) -- Crude oil fell after the Organization of Petroleum Exporting Countries agreed to maintain production targets at a meeting in Angola.
NEW YORK, Dec. 22 (UPI) -- Crude oil prices held under $74 per barrel on the New York Mercantile Exchange Tuesday, as OPEC oil ministers meet in Luanda, Angola.
In coming days, a 500,000-barrel delivery of crude oil will push the U.S. government's emergency stockpile to capacity. What happens to the Strategic Petroleum Reserve beyond that is far from clear.
(RTTNews) - Crude oil inventories fell more than expected last week, according to Energy Information Administration data made public Wednesday morning. Crude prices rallied above $76 per barrel following the report.
Dec. 22 (Bloomberg) -- Crude oil rose after the dollar pared gains against the euro and on signals that economies around the world are improving. Oil increased 0.9 percent as the greenback retreated from a three-month high against the common currency.
NEW YORK, Dec. 23 (UPI) -- Crude oil prices jumped above $75 per barrel on the New York Mercantile Exchange Wednesday in advance of a weekly U.S. inventory report.
Crude Oil Gains After API Inventories Data
NEW YORK, Dec. 22 (UPI) -- Crude oil prices rebounded from lower intraday trading to top $74 a barrel Tuesday on the U.S. Mercantile Exchange.
Crude oil was higher by 35 cents to $74.75 a barrel Wednesday after a report showed a decline last week in U.S. crude inventories.
Dec. 23 (Bloomberg) -- Crude oil rose to a two-week high after a U.S. Energy Department report showed a larger-than- forecast drop in U.S. stockpiles.
Dec. 21 (Bloomberg) -- Crude oil rose for a second day after attacks on energy facilities in Nigeria and Iraq, OPEC’s third- and seventh-largest oil producers.
Dec. 22 (Bloomberg) -- Crude oil rebounded as the dollar pared gains against the euro and on signs that economies around the world are improving. The greenback retreated from a three-month high against the common currency.
NEW YORK, Dec. 21 (UPI) -- Crude oil prices rose during the weekend, topping $75 per barrel prior to a meeting of oil ministers from exporting countries in Luanda, Angola.
Dec. 21 (Bloomberg) -- Crude oil declined as the dollar climbed against the euro, reducing demand for commodities as an alternative investment. Oil fell 1.2 percent after the U.S. currency rebounded.
NEW YORK, Dec. 21 (UPI) -- Crude oil prices slid to under $74 per barrel Monday prior to a meeting of oil ministers from exporting countries in Luanda, Angola.
Dec. 18 (Bloomberg) -- Heating oil and gasoline futures advanced as crude oil topped $73 a barrel, triggering so-called technical buying, and as colder weather indicated higher demand for heating fuel.
Dec. 23 (Bloomberg) -- Natural gas futures gained in New York on speculation of rising energy demand after crude oil stockpiles fell more than forecast.