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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  • Crude oil hovers below US$100 a barrel on economic, supply worries
    The price of oil slipped a little on Tuesday as the market weighed potentially weaker global economic growth against continued disruptions of Libyan crude supplies. Benchmark West Texas Intermediate crude for May delivery fell 41 cents to close at US$99.19 ...
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  • Oil hovers above $104 after US crude supply jump
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  • Oil hovers above $104 after US crude supply jump
    SINGAPORE – Oil prices hovered above $104 a barrel Wednesday in Asia after a report showed U.S. crude supplies jumped more than expected for a fourth week, suggesting demand remains weak. Benchmark oil for May delivery was up 24 cents to $104.44 a barrel ...
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