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:
  • Stock Market Update: WTI Oil Down Sharply Following Three-Day Surge - BriefingMarket
    27.7% over the past three trading sessions, WTI crude oil is trading ... to see over-supply conditions, and ... to $1138.60/oz, while silver ...
    09/1/2015 - 11:52 am | View Link
  • The Week Ahead: AUD/USD gears up for a big week - FXStreet.com
    ... jump 0.2% m/m. AUDUSD hovers around a ... Look ahead: Commodities The price of crude oil surged higher on ... want to see signs that the ...
    08/28/2015 - 3:25 pm | View Link
  • Whiting Petroleum (WLL) Stock Climbs Alongside Oil Prices - TheStreet.com
    ... since January yesterday, crude oil ... that the uptick in oil prices is temporary, as production hovers around ... countries amid a global ...
    08/28/2015 - 12:03 pm | View Link
  • European Stocks Set To Extend Selloff - RTTNews.com
    Brent and U.S. crude oil futures hit ... Exchange, while gold hovers near its ... in oil prices in response to demand concerns and a persistent ...
    08/23/2015 - 2:12 pm | View Link
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BING NEWS:
  • Oil in green ahead of EIA data
    EUR/JPY hovers around 135.00 Gold ... that OPEC may find it hard to reduce supply since Iran intends to regain its market share once sanctions are lifted. The American Petroleum Institute on Tuesday showed U.S. crude stocks surged by 7.6 million barrels ...
    09/2/2015 - 3:03 am | View Link
  • Low oil prices could stick around
    The world still has too much crude oil, and while global demand is rising, it’s not rising quickly enough to eat up the increasing supply. Wood Mackenzie expects ... $55 to $60 per barrel range, but if it hovers around $40, shale production will start ...
    08/28/2015 - 6:14 am | View Link
  • Crude Oil trading range 2534-2724, down at 2639
    Steep losses last week led to the contract's longest weekly losing streak since 1986 as markets worried about a China-led global economic slowdown that would drastically hit oil consumption at a time of plentiful supply. Last week, US crude futures fell ...
    08/24/2015 - 7:46 pm | View Link
  • Oil Futures Fall, WTI Crude Hovers Near $40 a Barrel
    Oil prices continued their steep descent Thursday, with U.S. crude dropping to fresh six-year lows ... but remained near multi-decade highs at 9.3 million barrels a day. "Supply remains the main obstacle to any potential price recovery," analysts at ...
    08/20/2015 - 12:58 am | 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 - 10:01 pm | 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.
    09/1/2015 - 9:56 am | View Website
  • Crude Oil Price, Oil, Energy, Petroleum, Oil Price, WTI ...
    Crude Oil Prices Charts. Latest News on Oil, Energy and Petroleum Prices. Articles, Analysis and Market Intelligence on the Oil, Gas, Petroleum and Energy Industry.
    09/1/2015 - 8:52 am | View Website
  • In The News | www.genscape.com
    U.S. nationwide crude oil stocks unexpectedly fell by more than 5 million barrels last week, and data from industry group Genscape showed that inventories in Cushing ...
    08/31/2015 - 5:18 am | View Website
  • Oil Prices Dip Below $50 on Supply Concerns
    U.S. oil prices dipped below $50 a barrel Monday for the first time since April on continued concerns that global crude-oil supplies are overwhelming demand.
    07/20/2015 - 7:41 am | View Website
  • OPEC's Crude Oil Strategy Is Failing: The Swing Variable ...
    Market forces trumped the crude oil production increases by OPEC which were designed to keep prices low: the swing data is going to be product demand, not crude
    06/16/2015 - 11:42 am | View Website
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