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:
  • GLOBAL MARKETS-Stocks weaken, dollar gains amid Fed hike talk - Yahoo! Finance
    Stocks weaken, dollar gains amid Fed hike talk - Yahoo! Finance
    05/19/2016 - 3:08 pm | View Link
  • Oil climbs above $ 49 as supply concerns resurface - FXStreet.com
    ... the rebound and hovers near fresh seven-month highs as reports surrounding supply outages overshadow rising US crude reserves. Oil sits at...
    05/19/2016 - 2:18 pm | View Link
  • Industry Insight: Overcoming the Cost and Supply Challenges for Low ... - Ship & Bunker
    With Heavy Fuel Oil (HFO) comprising the majority of fuel supply, it ... meeting failed to resolve output issues, yet crude still hovers around the
    05/19/2016 - 9:47 am | View Link
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BING NEWS:
  • Oil above $50 for first time this year
    Crude prices were relatively unaffected by reports of a slight decline in USA oil rigs last week, providing further indications that top energy companies are still hesitant to reinvest in drilling operations even as oil hovers near 7-month highs.
    05/27/2016 - 10:49 pm | View Link
  • Oil climbs over $50: can investors bank on a recovery?
    Since breaking the mark the price has sunk below the $50 level, but hovers in the vicinity, as it has for the past few weeks. Reuters reports neither Brent nor WTI has topped $50 per barrel since fall 2015. Among the reasons for the drop in supply ...
    05/27/2016 - 10:44 am | View Link
  • Oil climbs above $ 49 as supply concerns resurface
    Oil benchmarks on both sides of Atlantic extended the rebound and hovers near fresh seven-month highs as reports surrounding supply outages overshadow rising US crude reserves. Oil sits at multi-month highs Currently, both crude benchmarks climb higher ...
    05/19/2016 - 7:32 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:
  • 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.
    05/26/2016 - 5:24 pm | 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
    05/26/2016 - 4:55 pm | View Website
  • Nifty hovers around 7850; FMCG, metal, oil stocks under ...
    Nifty hovers around 7850; FMCG, metal, oil stocks under pressure . Bharti Airtel, Bajaj Auto, ICICI Bank, TCS and SBI are gainers while Hindalco ...
    05/26/2016 - 10:00 am | View Website
  • Oil N' Gold
    News and Analysis on WTI Crude Oil, Natural Gas, Energy Futures, Gold, Silver, Metal Futures. Oil Investment, Gold Trading , Commodity Futures
    05/25/2016 - 2:55 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 ...
    05/11/2016 - 2:54 am | View Website
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