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AP - Oil prices slipped to near $76 a barrel Friday ahead of U.S. unemployment figures that will provide an important guide to the strength of the economic recovery and demand for crude.
Dec. 2 (Bloomberg) -- Canada’s dollar weakened as crude oil tumbled after a U.S. report showed inventories climbed last week amid a decline in consumption.
Crude Oil Finishes Lower After Two Days Of Gains
Dec. 2 (Bloomberg) -- Crude oil and gasoline declined after a government report showed that inventories climbed last week as consumption declined. Supplies of crude oil rose 2.09 million barrels to 339.9 million last week, the highest level since August, the Energy Department said today.
Dec. 1 (Bloomberg) -- Crude oil rose for a second day after a report showed Chinese manufacturing expanded at the fastest pace in five years, spurring hopes that the world’s second- biggest oil user will buoy consumption.
Compton Petroleum Corporation (Compton) is engaged in the exploration for and, development and production of natural gas, natural gas liquids, and crude oil in western Canada.
NEW YORK, Dec. 1 (UPI) -- Crude oil prices rose for the second consecutive day Tuesday, climbing to nearly $78 per barrel after a manufacturing index rose in China.
Crude oil prices held steady overnight at nearly $78 per barrel as equity markets staged a comeback in New York. The Dow Jones industrial average gained 1.23 percent Tuesday.
Dec. 1 (Bloomberg) -- Gasoline futures followed crude oil and equities higher as the dollar weakened, raising the appeal of commodities as an alternative investment, and Chinese manufacturing picked up.
(RTTNews) - The Energy Information Administration is scheduled to release its weekly petroleum inventory report at 10:30 AM ET. Analysts are forecasting a drop of 1.3 million barrels of crude oil and an increase of 900,000 barrels of gasoline for the week ended November 27.
Decline in a service-sector index raises doubts about the economic recovery and dollar rebounds, depressing dollar-denominated commodities prices.
This book covers all aspects of estimating and classifying reserves of crude oil, natural gas, and condensate attributed to primary recovery mechanisms. Both deterministic and probabilistic procedures are discussed.
NEW YORK, Dec. 1 (UPI) -- Crude oil prices rose for the second consecutive day Tuesday, topping $78 per barrel after a manufacturing index rose in China.
Dec. 4 (Bloomberg) -- Saudi Arabia , the biggest oil producer in the Organization of Petroleum Exporting Countries, said crude oil prices are satisfactory close to their current level of $75 a barrel.
Dec. 1 (Bloomberg) -- Crude oil traded near $77 a barrel after rising yesterday as traders bought back futures contracts amid speculation credit losses in Dubai won’t derail the global economic recovery.
Crude oil futures spike on improved demand and British boat seizure in Iran.
Crude oil futures settle above $78, helped by strong manufacturing data.
Crude futures hold largely flat following a day of mixed data and a fluctuating dollar.
Crude inventories and gasoline supplies both rose last week, the government said Wednesday. Crude inventories rose by 2.1 million barrels, or 0.6 percent, to 339.9 million barrels, which is 6.1 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.
NEW YORK, Nov. 30 (UPI) -- Crude oil prices rebounded to more than $77 per barrel Monday on the New York Mercantile Exchange with investors still concerned about a debt crisis in Dubai.
Crude futures held largely flat following a mix of positive and negative data.
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