Oil prices fall on poor demand
AP - 1 hour 4 minutes agoAP - Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
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AP - Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
Dec. 9 (Bloomberg) -- Crude oil rose after a U.S. government report showed an unexpected decline in inventories as refineries bolstered operating rates.
Dec. 9 (Bloomberg) -- Crude oil fell to a two-month low after a government report showed that U.S. fuel inventories climbed as refineries bolstered operating rates.
Dec. 8 (Bloomberg) -- OAO Lukoil cut its 10-year output targets as Russia’s biggest non-state crude producer postponed some natural-gas projects on a decrease in European fuel demand and unconventional gas developments in the U.S.
Dec. 8 (Bloomberg) -- Crude oil rose for the first time in five days as the dollar weakened and some investors took the view a decline below $75 made it an attractive investment.
Dec. 8 (Bloomberg) -- Crude oil fell for a fifth day as the dollar clawed higher against the euro, damping demand for commodities as an alternative investment.
Dec. 8 (Bloomberg) -- Crude oil fell for a fifth day as the dollar clawed higher against the euro, damping demand for commodities as an alternative investment.
Dec. 8 (Bloomberg) -- Crude oil fell for a fifth day as the dollar clawed higher against the euro, damping demand for commodities as an alternative investment.
Dec. 8 (Bloomberg) -- Crude oil fell for a fifth day as the dollar clawed higher against the euro, damping demand for commodities as an alternative investment.
Dec. 8 (Bloomberg) -- Crude oil rose for the first time in five days as investors viewed yesterday’s 2 percent drop to below $75 a barrel as too far and fast a decline.
Dec. 8 (Bloomberg) -- OAO Lukoil , Russia’s largest non- state oil company, said third-quarter profit slumped 41 percent after world crude prices declined.
Dec. 8 (Bloomberg) -- Mexico’s peso fell the most this month following a drop in crude oil, the country’s biggest export, and as declines in U.S. stocks curbed demand for higher- yielding, emerging-market assets.
Dec. 8 (Bloomberg) -- Mexico’s peso fell the most this month following a drop in crude oil, the country’s biggest export, and as declines in U.S. stocks curbed demand for higher- yielding, emerging-market assets.
Dec. 8 (Bloomberg) -- Crude oil rose in New York, snapping four days of losses, as a weaker dollar buoyed demand for commodities as a currency hedge. The dollar traded as low as $1.4867 against the euro, from $1.4827 yesterday.
Dec. 8 (Bloomberg) -- Crude oil rose in New York, snapping four days of losses, as a weaker dollar buoyed demand for commodities as a currency hedge. The dollar traded as low as $1.4867 against the euro, from $1.4827 yesterday.
Dec. 8 (Bloomberg) -- Crude oil rose in New York, snapping four days of losses, as a weaker dollar buoyed demand for commodities as a currency hedge. The dollar traded as low as $1.4867 against the euro, from $1.4827 yesterday.
Dec. 8 (Bloomberg) -- Crude oil rose for the first time in five days as the dollar weakened and some investors took the view a decline below $75 made it an attractive investment.
Dec. 8 (Bloomberg) -- Crude oil declined in New York, erasing previous gains to trade around $73.60 a barrel.
Dec. 8 (Bloomberg) -- Crude oil declined in New York, erasing previous gains to trade around $73.60 a barrel.
(AP:MOSCOW) Lukoil, Russia's largest private oil company, on Tuesday said third quarter net profit fell 41 percent to $2.1 billion as oil prices were far below last year's record highs.
Dec. 8 (Bloomberg) -- Crude oil rose in New York as the U.S. dollar pared gains against the euro, making commodities more appealing as a currency hedge.