Oil Hovers Above $79 After Us Crude Supply Jump

Oil hovered above $79 a barrel Wednesday in Asia after a report showed a surprise increase in U.S. crude supplies, suggesting demand remains weak.

Topics:  asia   u.s    oil   crude   
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  • Oil hovers above $79 after US crude supply jump
    The Energy Department’s Energy Information Administration reports its weekly supply data later Wednesday. Crude has fallen to near eight-month lows from $106 less than two months ago amid signs economic growth and oil demand are slowing in the U.S ...
    06/26/2012 - 2:01 pm | View Link
  • Oil Hovers Below $99 After US Crude Supply Jump
    SINGAPORE (AP) - Oil prices hovered below $99 a barrel Wednesday in Asia as investors eyed a jump in U.S. crude inventories and signs of sluggish economic growth. Benchmark crude for March delivery was up 24 cents at $98.72 a barrel at midday Singapore ...
    01/31/2012 - 4:35 pm | View Link
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  • S&P 500, Dow Pare Gains As Oil Dips
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