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.
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.
Nov. 20 (Bloomberg) -- Crude oil traded little changed after declining 2.7 percent yesterday as the dollar strengthened and equity markets declined.
Asset manager Apollo Global Management LLC on Wednesday completed its acquisition of Parallel Petroleum Corp., according to the oil and natural gas producer. In September, Parallel agreed to be acquired by Apollo in a deal valued at about $483 million, which... Natural gas - Business - Record producer - Energy - Oil and Gas
Nov. 20 (Bloomberg) -- Crude oil traded below $78 a barrel in New York after falling yesterday as the dollar strengthened and amid concerns about the pace of recovery in the U.S., the world’s biggest energy consumer.
With crude oil slipping to the lowest level on the New York Mercantile Exchange (NYMEX) since Oct. 15, the oil refineries operating at historically low levels, the price of gasoline is in retreat.
(RTTNews) - Crude oil dropped sharply on Tuesday amid economic worries from both China and the U.S. Traders await the release of inventory data later today and tomorrow.
(RTTNews) - Wednesday in early trading, the Canadian dollar strengthened as crude oil started to tick higher on the back of a slumping dollar. The loonie jumped to a weekly high against the US dollar and a 6-day high against the euro.
Nov. 20 (Bloomberg) -- Analysts surveyed by Bloomberg News were split over whether crude oil prices will fall or be little changed next week amid a weak dollar and ample fuel supplies.
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Crude-oil futures fall nearly 2%, pressured by concerns over the health of the economy in China, and sell off further in late electronic trading after an industry group shows a surprise jump in inventories.
Crude oil futures backtracked Thursday as the U.S. dollar regained some ground against the euro and flat jobless claims underscored fears of a sluggish recovery.
Oil hovers around $76 on mixed economic reports
Nov. 20 (Bloomberg) -- Crude oil fell for a second day as the dollar strengthened against the euro and global equity markets declined. Oil slipped as much as 1.6 percent as the U.S. currency advanced for the third time in four days.
Nov. 19 (Bloomberg) -- Crude oil fell for the first time in four days as the dollar gained against the euro, dulling the appeal of commodities as a currency hedge.
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Crude oil futures held just below $80 a barrel during Wednesday's morning trading session despite promising inventory data from the U.S. energy department showing lower crude oil and product supplies.
MOSCOW, Nov. 25 (UPI) -- Russian energy monopoly Gazprom announced a 5.4 percent spending increase for its 2010 budget amid growing optimism for an economic recovery.
MOSCOW, Nov. 25 (UPI) -- Ukrainian utility Naftogaz and Russian gas giant Gazprom agreed to lower gas shipments and prices under the terms of an amended January agreement.