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:
  • Oil Hovers at Three-Month Low as Gasoline Glut Threatens Crude ... - Morningstar.com
    ... market players are shifting their attention back to the fundamentals, which point to a growing supply of crude and oil products in the world.
    07/26/2016 - 11:48 am | View Link
  • Average gas prices slip toward $2 in Southwest Florida - Southwest Florida Herald Tribune
    AAA: Gas prices still falling despite near-record demand - South Florida Sun-Sentinel
    07/18/2016 - 12:18 pm | View Link
  • More
BING NEWS:
  • Canadian bonds continue to rally as oil hovers around three-month low; GDP data eyed
    The crude oil prices hit its lowest since May following sluggish global demand and supply glut concerns. The International benchmark Brent futures fell 0.31 percent to $45.09 and West Texas Intermediate (WTI) tumbled 0.56 percent to $42.68 by 13:00 ...
    07/27/2016 - 2:46 am | View Link
  • Oil Hovers at Three-Month Low as Gasoline Glut Threatens Crude Demand
    But as some of these factors have ended or are coming to a close, market players are shifting their attention back to the fundamentals, which point to a growing supply of crude and oil products in the world. In the U.S., despite the annual driving season ...
    07/26/2016 - 4:44 pm | View Link
  • WTI/USD – Oil Steady at $45 on Strong Housing and Employment Numbers
    This is raising concerns that higher production levels in the US will exacerbate supply levels and push down crude prices. In late June, US crude broke above the $50 level, but has since dropped about 10 percent as it hovers at around $45. The Federal ...
    07/21/2016 - 11:13 pm | View Link
  • Oil Hovers near 2 Month Low as Fears of Global Supply Glut Resurface
    Crude Oil dropped 0.19% trading at 45.75$ per barrel, Brent Oil is down 0.32% trading at 46.70. Oil drops on receding worries of supply disruption On Monday, oil prices fell around 1.5% as supply disruption worries receded after it became clear that ...
    07/19/2016 - 1:59 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 - 2:01 pm | View Link
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BING SEARCH:
  • 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
    07/25/2016 - 8:49 am | View Website
  • Crude Oil Contango to Backwardation , $USO
    After my macro wrap this morning, I figured I’d stay on the topic of oil as it hovers near multi-year highs. The most interesting aspect of the rally in WTI (West ...
    07/25/2016 - 7:45 am | View Website
  • 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.
    07/21/2016 - 2:52 pm | View Website
  • Latest Crude Oil News & Updates | FXEmpire.com
    Get free Crude, Brent & WTI Oil fresh and daily news & updates written by FX Empire's professional analysts. Stay synced with the Crude Oil market. Enter Now!
    07/21/2016 - 11:10 am | View Website
  • US oil ends at fresh 2016 highs on Nigeria sabotage, crude ...
    U.S. crude futures rose for a third consecutive day on Wednesday, closing at new 2016 highs on supply outages led by the sabotage of oil facilities in Nigeria.
    06/7/2016 - 10:25 pm | View Website
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