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   
  • Global stocks struggle after euro zone … - Yahoo! India
    Energy stocks were depressed as crude oil edged ... Oil edged up from an early four-year low below $77 a barrel, still pressured by excess supply
    11/14/2014 - 8:50 am | View Link
  • Anxiety Over Economy As Oil Price Drops Below Budget's Benchmark - Individual.com
    ... debt service which, hovers between 15 ... of oil lifted during the quarter could be attributed to supply challenges following unrelenting crude ...
    11/13/2014 - 11:19 am | View Link
  • PRECIOUS-Gold falls on dollar rally and weaker crude oil - Reuters
    PRECIOUS-Gold falls on dollar rally and weaker crude oil - CNBC
    11/12/2014 - 3:50 pm | View Link
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  • Oil price predicted to fall to $60 unless OPEC cuts back
    Now that the price hovers a little above that level, traders say it is set to go lower. Daniel Bathe, of Lupus Alpha Commodity Invest Fund, says Brent crude could fall to $60 ... for oil and an increase in oil supply from the U.S. shale boom.
    11/24/2014 - 5:35 am | View Link
  • Crude oil hovers near fresh 4-year lows
    Investing.com - Crude oil futures edged higher on Friday ... of the Petroleum Exporting Countries indicated that it will not cut output to relieve a global supply glut. Oil ministers from Saudi Arabia and Kuwait have resisted calls to lower production ...
    11/14/2014 - 2:48 am | View Link
  • Crude Oil Prices Witness Mixed Trade in Asia Amid Opec Uncertainty
    Crude oil prices witnessed mixed trade in Asia amid concerns surrounding a global supply glut and uncertainty about whether oil cartel Opec will cut production at a meeting later in the month. Brent front-month contract was trading 0.23% higher to $77.67 a ...
    11/13/2014 - 11:19 pm | View Link
  • Crude oil trading outlook: Brent hovers near 4-year low on oversupply, US inventory data eyed
    However, OPEC said it sees signs of global economic recovery and reaffirmed its forecast for global demand and the amount of crude it will need to supply this year and the next. Worldwide consumption will jump by 1.19 million bpd to 92.38 million next year ...
    11/12/2014 - 9:14 am | View Link
  • Oil slips hovers around $86 on strong supply, NY Ebola case
    Brent crude hovered near $86 a barrel on Friday after dipping below that level in late morning trade on news of strong supply from Middle Eastern OPEC producers and as a confirmed case of Ebola in New York spooked global equities markets. Iraq increased ...
    10/24/2014 - 2:56 am | View Link
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  • Energy News
    Find the latest news and analysis, headlines, blogs and videos about energy markets, gas, oil, coal, commodities, nuclear power from CNBC.com.
    11/21/2014 - 11:34 am | View Website
  • E&M Supply GroupOil & Gas Industry News | Used Drill Pipe ...
    Gulf oil lease sale bids $134 million The federal government took in nearly $134 million in high bids Wednesday during a Gulf of Mexico oil-and-gas lease sale that ...
    11/19/2014 - 8:12 pm | View Website
  • Commodities
    Get the latest commodity trading prices for oil, gold, silver, copper and more on the U.S. commodities market and exchange at CNNMoney.
    11/18/2014 - 1:07 am | View Website
  • America's Crude Oil Conundrum
    After the 1970s Arab oil embargo, the U.S. banned the export of crude oil. But now, thanks to hydraulic fracturing and horizontal drilling of oil shale formations ...
    11/17/2014 - 11:17 am | View Website
  • Oil hovers below $81 after Goldman cuts outlook
    After dipping below $80 per barrel, crude oil settles a penny lower, at $81
    10/26/2014 - 10:30 pm | View Website
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