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AP - Oil prices sank below $76 a barrel Friday in Asia as investors curtailed their risky bets on commodities amid uncertainty about the global fallout from Dubai's financial troubles.
(RTTNews) - Crude oil supplies rose a little less than expected last week, according to data made public by the Energy Information Administration on Wednesday. Gasoline stockpiles increased more than predicted.
Nov. 26 (Bloomberg) -- Abu Dhabi’s Murban crude oil fell against its benchmark for a second day as reduced demand from refiners has created a supply glut.
Crude oil inventories rose by 1 million barrels last week, just short of an anticipated 1.4 million barrel build.
(RTTNews) - Crude oil prices surged toward $78 per barrel on Wednesday, boosted by a weaker dollar and smaller-than-expected build in weekly inventories.
Nov. 27 (Bloomberg) -- Crude oil traded near $76 a barrel in New York, poised for a weekly decline on concern that the pace of fuel demand recovery in the U.S., the biggest energy- consuming nation, may stall.
Nov. 27 (Bloomberg) -- Rubber futures in Tokyo dropped as much as 3.6 percent as crude oil prices slumped. The May-delivery contract fell to 244 yen per kilogram on the Tokyo Commodity Exchange before trading at 246 yen at 9:04 a.m. local time.
Energy Dept. says crude oil inventories, gas stockpiles rose last week
MOSCOW -(Dow Jones)- Russian oil major OAO Lukoil Holdings (LKOH.RS) said Thursday it produced 2.214 million barrels of oil equivalent a day in the first nine months of the year, an 1.1% increase from the year earlier period.
NEW YORK, Nov. 25 (UPI) -- Crude oil prices made up for ground lost Tuesday and added some on the New York Mercantile Exchange, climbing to nearly $78 per barrel Wednesday.
PT Medco Energi Internasional predicted its crude oil production will shrink 12.5 percent to 35,000 barrels per day next year from this year's estimate of 40,000 barrels on the average.
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.
Crude Oil Futures Dip Further After GDP Data
NEW 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.
Nov. 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.
Crude 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.
Crude oil rises as a weaker greenback boosts dollar-denominated commodities prices and as government data show U.S. crude inventories increasing less than expected.
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.
Crude Oil Ends Down 1.9% Ahead Of Supplies Data
Crude Oil Remain Under Pressure After Fed Minutes
Nov. 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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