Oil moves down near $77 amid economic uncertainty
AP - Fri Nov 20, 6:35 am ETAP - Oil prices edged down toward $77 a barrel on Friday after a drop in many stock markets and amid concern about the strength of the global economic recovery.
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AP - Oil prices edged down toward $77 a barrel on Friday after a drop in many stock markets and amid concern about the strength of the global economic recovery.
Nov. 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.
Nov. 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.
Nov. 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.
Nov. 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.
Nov. 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.
Nov. 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.
BEIJING (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.
Crude oil retreated further from the $80 a barrel level on Friday, as energy prices continued their declines in tandem with the broader market.
With 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...
Nov. 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.
NEW YORK, Nov. 20 (UPI) -- Crude oil prices dipped below $77 per barrel on the New York Mercantile Exchange as declines in equity markets hinted at slow demand.
Nov. 20 (Bloomberg) -- Crude oil traded little changed after declining 2.7 percent yesterday as the dollar strengthened and equity markets declined.
Nov. 20 (Bloomberg) -- Crude oil traded below $78 a barrel in New York after falling yesterday as the dollar strengthened and amid concerns about the pace of recovery in the U.S., the world’s biggest energy consumer.
Nov. 17 (Bloomberg) -- Crude oil rose on forecasts that U.S. supplies of gasoline and distillate fuel, a category that includes heating oil and diesel, declined.
Nov. 20 (Bloomberg) -- Analysts surveyed by Bloomberg News were split over whether crude oil prices will fall or be little changed next week amid a weak dollar and ample fuel supplies.
Crude oil futures backtracked Thursday as the U.S. dollar regained some ground against the euro and flat jobless claims underscored fears of a sluggish recovery.
HOUSTON -(Dow Jones)- U.S. crude oil production for October averaged 5.36 million barrels a day, remaining at four-year highs, the American Petroleum Institute said Wednesday.
Nov. 19 (Bloomberg) -- Crude oil fell for the first time in four days as the dollar gained against the euro, dulling the appeal of commodities as a currency hedge.
Crude oil futures held just below $80 a barrel during Wednesday's morning trading session despite promising inventory data from the U.S. energy department showing lower crude oil and product supplies.
Nov. 20 (Bloomberg) -- Crude oil declined for a second day in as the dollar strengthened against the euro, lowering the appeal of commodities as a currency hedge.