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   
ASK NEWS:
  • Oil hovers near eight-month highs on U.S. inventory draw - Yahoo! Singapore
    S. crude inventories and by worries about attacks on Nigeria's oil industry. London Brent crude ... Worries about global supply disruptions also
    06/7/2016 - 10:48 am | View Link
  • UPDATE 1-Oil hovers near 8-month highs on U.S. inventory draw - Philly.com
    S. crude inventories and by worries about attacks on Nigeria's oil industry. London Brent crude ... Worries about global supply disruptions also
    06/7/2016 - 10:18 am | View Link
  • The economy and Pandora’s Box - Vanguard
    ... market forces of demand and supply. ... Naira exchange rate hovers between ... of low crude oil prices! It is similarly inexplicable, that ...
    06/5/2016 - 12:05 pm | View Link
  • How govt’s cooking gas plan may hit LPG subsidy gains - Yahoo! India
    ... budgeted oil subsidy of Rs 19,802 crore appears to suffice even if the Indian basket of crude hovers ... better price and undisrupted supply, ...
    06/3/2016 - 10:45 am | View Link
  • How govt's cooking gas plan may hit LPG subsidy gains - Financial Express
    ... budgeted oil subsidy of Rs 19,802 crore appears to suffice even if the Indian basket of crude hovers ... better price and undisrupted supply, ...
    06/3/2016 - 10:27 am | View Link
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BING NEWS:
  • Oil industry’s $1tn spending cut raises fears over future supply
    Oil and gas companies will spend $1tn less on finding and developing reserves between 2015-2020 because of the crude price crash ... potential projects worth $550bn might be scrapped if oil hovers around $55 per barrel. So far investment has fallen ...
    06/15/2016 - 6:17 am | View Link
  • Is This Oil Rally The Real Deal? 6 Reasons It Could Be
    The key factors impacting the market right now are: Chinese crude oil demand remains strong ... However, it is unclear if this new growth will make a difference in global supply numbers. At the same time, the number of bankruptcies in the shale oil ...
    06/13/2016 - 4:05 am | View Link
  • Oil hovers near eight-month highs on U.S. inventory draw
    The strength of the dollar on Thursday, along with profit-taking, pulled crude oil prices lower. Growing global oil supply disruptions, rising oil demand, and falling US crude oil production contributed to the price increase, EIA said. Crude stockpiles ...
    06/12/2016 - 5:58 pm | View Link
  • 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 above $104 after US crude supply jump
    The Energy Department's Energy Information Administration reports its weekly supply data later Wednesday. Crude has traded above $100 most of this year as an improving U.S. economy has bolstered investor confidence. However, crude demand has remained tepid.
    04/18/2012 - 1:10 am | View Link
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BING SEARCH:
  • Chart of the Day – Crude Oil Contango to Backwardation, $USO
    After my macro wrap this morning, I figured I’d stay on the topic of oil as it hovers near multi-year highs. The most interesting aspect of the rally in WTI (West ...
    06/25/2016 - 4:31 am | View Website
  • Iran Oil Supply: Latest News, Photos, Videos on Iran Oil ...
    Find Iran Oil Supply Latest News, Videos & Pictures on Iran Oil Supply and see latest updates, news, information from NDTV.COM. Explore more on Iran Oil Supply.
    06/22/2016 - 9:14 am | View Website
  • Oil Price: Latest Price & Chart for Crude Oil
    Get the latest price Crude Oil WTI (NYMEX) as well as the lastest prices for other major commodities at NASDAQ.com
    06/20/2016 - 8:29 pm | View Website
  • Crude Oil: Brent versus WTI
    The price differential between Brent and WTI crude oil can be volatile. This article explains the difference and price volatility between them.
    06/19/2016 - 3:58 pm | View Website
  • Iran Unleashes Oil Flood, Will Quintuple Crude Revenue In ...
    Changes to Iran's sustainable production capacity in the medium term will likely depend partly on the speed and extent to which international oil companies (IOCs ...
    06/8/2016 - 4:01 am | View Website
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