Oil rises above $76 amid dollar's decline
AP - Wed Nov 25, 7:05 am ETAP - Oil prices rose above $76 a barrel Wednesday as the dollar weakened and investors awaited data on the U.S. economy and crude inventories.
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AP - Oil prices rose above $76 a barrel Wednesday as the dollar weakened and investors awaited data on the U.S. economy and crude inventories.
Nov. 25 (Bloomberg) -- The following shares may have unusual price changes in Russian trading. Stock symbols are in parentheses and prices are from the previous close unless otherwise noted.
Crude oil retreated further from the $80 a barrel level on Friday, as energy prices continued their declines in tandem with the broader market.
ERBIL, Iraq, Nov. 24 (UPI) -- Estimated reserves of light crude oil from Iraqi Kurdistan are greater than even the most optimistic expectations, said Gulf Keystone Petroleum Ltd.
Nov. 25 (Bloomberg) -- Crude oil rose from a five-week low as the dollar’s drop against higher-yielding currencies drew investors seeking an inflation hedge to commodities.
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...
Energy prices rose Wednesday even as the amount of unused crude, gasoline and natural gas being placed into storage rose again. Natural gas, which sets new records for the total amount now held in storage every week, jumped 6 percent.
Nov. 24 (Bloomberg) -- Russian stocks fell, poised for their lowest close since Nov. 13, as a drop in crude prices dragged down OAO Lukoil , the country’s second-largest oil producer, and other energy shares.
World oil prices rose slightly on Wednesday as traders awaited the weekly US energy report and digested slower-than-expected third-quarter American economic growth.
The net profits of Russia's largest oil firm, state-owned Rosneft, plummeted 53.2 percent in the first nine months of 2009 compared to the same period last year, the company said on Wednesday.
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.
Nov. 25 (Bloomberg) -- Crude oil rose as the dollar dropped to a 15-month low against the euro and a government report showed that U.S. fuel demand gained for a second week.
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.
Asset manager Apollo Global Management LLC on Wednesday completed its acquisition of Parallel Petroleum Corp., according to the oil and natural gas producer.
The Energy Department will likely report a 1.4 million-barrel build in crude oil reserves on Wednesday for the week ended Nov. 20, according to a survey by Platts, the energy information arm of McGraw-Hill Cos.
Nov. 24 (Bloomberg) -- Crude oil fell to the lowest close in more than five weeks after a report showed that the U.S. economy grew at a slower pace than previously estimated and on forecasts that supplies gained.
Nov. 24 (Bloomberg) -- Crude oil fell after a report showed that the U.S. economy grew at a slower level than previously estimated, and on forecasts that supplies gained.
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.
PORT OF SPAIN, Trinidad and Tobago -(Dow Jones)- Ghana's deputy energy minister confirmed Wednesday his country is set to start producing crude oil by about this time next year, at a rate of about 120,000 barrels a day.
Nov. 25 (Bloomberg) -- Heating oil and gasoline gained in New York as the government reported that fuel demand rose and the dollar sank to a 15-month low.
Oil prices slipped below $76 a barrel Wednesday ahead of a government report expected to show a build in U.S. crude and gasoline stocks.