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   
BING NEWS:
  • Oil Hovers Near Three-Year Highs as Investors Parse Supply Data
    Light, sweet crude for February delivery gained 7 cents, or 0.1%, to $64.04 a barrel on the New York Mercantile Exchange, after falling as low as $63.47 earlier in the session. Brent, the global benchmark, edged down 4 cents, or 0.1%, to $69.34.
    01/18/2018 - 5:06 am | View Link
  • Oil Hovers Near Three-Year Highs as Investors Parse Supply Data
    Oil prices steadied below a three-year high on Thursday, underpinned by geopolitical risks, with Nigeria the latest producer facing threats to its supply. Continue Reading Below Brent crude, the global oil benchmark, fell 0.02% to $69.36 a barrel on London ...
    01/18/2018 - 12:05 am | View Link
  • Oil Hovers Near 11-Year Lows on Abundant Supply
    International benchmark Brent and US WTI crude prices edged up by 1 per cent after falling 3 percent on Monday to trade around $37 per barrel as of 1320 GMT (6:50 p.m. in India). Brent stood only one dollar away from its 11-year low of $35.98 reached last ...
    12/29/2015 - 2:02 am | View Link
  • Crude hovers near $40/barrel
    WTI crude slumped over 4% on Wednesday on data showing an unexpected U.S. supply build of 2.6M barrels, sending prices to levels not seen since early 2009. Oil futures now look set to fall into the $30s per barrel, a low range many analysts did not see coming.
    08/19/2015 - 10:09 pm | View Link
  • ‘Ducks’ and oil: No need to fear U.S. crude supply deluge
    HOUSTON — Conventional wisdom holds that come June a pending $5.3 billion tax break in the No. 2 U.S. oil producing state, combined with a modest uptick in oil prices, will unleash a tsunami of new shale crude supply so big that prices may slump again.
    04/20/2015 - 11:08 pm | View Link
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BING SEARCH:
  • Oil hovers above $79 after US crude supply jump – Twin Cities
    SINGAPORE—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.
    01/18/2018 - 10:45 pm | View Website
  • Oil Hovers Near Three-Year Highs as Investors Parse Supply ...
    Oil Hovers Near Three-Year Highs as Investors Parse Supply ... increasing output from major oil producers. Light, sweet crude for February delivery settled ...
    01/18/2018 - 3:00 pm | View Website
  • Oil Hovers Near Three-Year Highs as Investors Parse Supply ...
    Oil Hovers Near Three-Year Highs as Investors Parse Supply Data. ... Brent crude, the global oil benchmark, ... which could lead to supply disruptions. ...
    01/18/2018 - 8:05 am | View Website
  • Oil hovers below two-year highs with focus on U.S. output ...
    Oil hovers below two-year highs with ... Brent crude futures settled down 8 cents or 0.1 ... will likely move oil markets into a supply surplus in the first ...
    12/15/2017 - 5:42 pm | View Website
  • Oil Pulled Lower as ‘Done Deal’ Proves Elusive on Supply ...
    Indecision about supply cuts among the world’s biggest oil exporters pushed crude prices to the lowest level in a week.
    11/28/2017 - 6:45 pm | View Website
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