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Dec. 9 (Bloomberg) -- Rosneft Oil Co. sold a cargo of 100,000 metric tons, or about 730,000 barrels, of Sokol crude oil from the Sakhalin-1 project in Russia to Vitol Group for loading in February, two traders familiar with the transaction said.
Dec. 7 (Bloomberg) -- Crude oil dropped for a fourth day as European equity markets declined amid concern the U.S. Federal Reserve may start raising interest rates.
Dec. 8 (Bloomberg) -- Crude oil traded near $74 a barrel in New York after falling as Federal Reserve Chairman Ben S. Bernanke said the U.S. economy will face a weak labor market and tight credit, signaling fuel demand will be slow to recover.
Dec. 7 (Bloomberg) -- Crude oil dropped for a fourth day, trading below $75 a barrel as the dollar strengthened amid speculation the U.S. Federal Reserve may start raising interest rates.
Crude inventories fell last week, while gasoline supplies grew, the government said Wednesday.
Dec. 7 (Bloomberg) -- Crude oil traded near a seven-week low in New York after Saudi Arabian Oil Minister Ali al-Naimi said the price is “perfect.” Oil for January delivery traded at $75.38 a barrel, down 9 cents, in electronic trading on the New York Mercantile Exchange at 8:07 a.m. London time.
Dec. 7 (Bloomberg) -- Crude oil traded near a seven-week low in New York after Saudi Arabian Oil Minister Ali al-Naimi said the price is “perfect.” Oil for January delivery traded at $75.38 a barrel, down 9 cents, in electronic trading on the New York Mercantile Exchange at 8:07 a.m. London time.
Dec. 7 (Bloomberg) -- Crude oil traded near a seven-week low in New York after Saudi Arabian Oil Minister Ali al-Naimi said the price is “perfect.” Oil for January delivery traded at $75.38 a barrel, down 9 cents, in electronic trading on the New York Mercantile Exchange at 8:07 a.m. London time.
Dec. 4 (Bloomberg) -- ConocoPhillips , the third-largest U.S. oil company, will keep its stake in OAO Lukoil as it seeks to divest $10 billion in assets over the next two years.
Associated Press CAIRO — Saudi Arabia’s oil minister said Saturday that current global oil prices are “perfect,” as several key Arab OPEC members indicated the group was unlikely to change output levels when it meets later this month.
Dec. 9 (Bloomberg) -- The following companies may have unusual price changes in Russian trading. Stock symbols are in parentheses and share prices are from the previous close.
Dec. 4 (Bloomberg) -- Crude oil declined as the dollar climbed on an unexpected drop of the U.S. unemployment rate, reducing the appeal of commodities to investors.
Dec. 4 (Bloomberg) -- Crude oil fell as the dollar climbed on an unexpected drop of the U.S. unemployment rate, reducing the appeal of commodities to investors.
Dec. 4 (Bloomberg) -- Crude oil rose after the U.S. unemployment rate unexpectedly fell in November, signaling that fuel demand in the world’s biggest energy-consuming country will rebound.
Dec. 8 (Bloomberg) -- Crude oil tumbled to an eight-week low on forecasts that U.S. stockpiles climbed for a third week and as the dollar gained against the euro.
Dec. 8 (Bloomberg) -- Crude oil tumbled to an eight-week low on forecasts that U.S. stockpiles climbed for a third week and as the dollar gained against the euro.
Dec. 8 (Bloomberg) -- Crude oil tumbled to an eight-week low on forecasts that U.S. stockpiles climbed for a third week and as the dollar gained against the euro.
Dec. 4 (Bloomberg) -- Crude oil rose after the U.S. unemployment rate unexpectedly fell in November, signaling that fuel demand in the world’s biggest energy-consuming country will rebound.
Dec. 4 (Bloomberg) -- Crude oil rose after the U.S. unemployment rate unexpectedly fell in November, signaling that fuel demand in the world’s biggest energy-consuming country will rebound.
Dec. 9 (Bloomberg) -- Crude oil climbed above $73 a barrel in New York after an industry report showed U.S. supplies dropped, bolstering optimism that fuel demand in the biggest energy-consuming nation will increase.
Dec. 9 (Bloomberg) -- Crude oil climbed, snapping a five- day decline, as the dollar dropped and after an industry report showed a fall in U.S. crude inventories.
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