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   
BING NEWS:
  • Oil prices rise on Venezuelan supply troubles, but US output surges; Brent crude hovers around $75 a barrel
    Oil prices rose on Thursday to shake off some of the previous session's losses, supported by plunging exports by OPEC-member Venezuela. Brent crude futures were up 33 cents, or 0.4 percent, to $75.69 a barrel at 0101 GMT.
    06/6/2018 - 4:26 pm | View Link
  • GLOBAL MARKETS-Oil hovers near 3 1/2-yr peak, Asia shares up ahead of Trump announcement
    Spread-betters expect Britain’s FTSE to rise 0.2 percent and Germany’s Dax to inch up 0.1 percent. U.S. West Texas Intermediate (WTI) crude futures on Monday rose above $70 for the first time since November 2014, putting it more than 18 percent above ...
    05/8/2018 - 1:00 am | View Link
  • Oil hovers near 3 1/2-yr peak, Asia shares up ahead of Trump announcement
    U.S. crude stays near $70 on worries U.S. may exit nuclear deal ... a move that could disrupt global oil supply. European shares are seen steady to slightly firmer after Asian shares picked up, helped by technology stocks as generally upbeat earnings ...
    05/7/2018 - 8:52 pm | View Link
  • Oil hovers near highest since 2014 as OPEC sees tighter market
    shrinking global oil inventories and expectations of a supply cut extension by OPEC. Brent crude futures (LCOc1) were at $71.84 a barrel at 1315 GMT on Thursday, down 22 cents from their last close. U.S. WTI crude futures (CLc1) were down 12 cents at $66.70.
    04/11/2018 - 1:00 pm | View Link
  • Oil hovers near highest since 2014 as OPEC sees tighter market
    shrinking global oil inventories and expectations of a supply cut extension by OPEC. Brent crude futures were at $71.84 a barrel at 1315 GMT on Thursday, down 22 cents from their last close. U.S. WTI crude futures were down 12 cents at $66.70.
    04/11/2018 - 1:00 pm | View Link
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BING SEARCH:
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  • Trudeau, Notley and Trans Mountain Claims: A Tyee Fact ...
    Trudeau has repeated the same claim. “We know that Canadian oil is discounted because we only have access to the U.S. market right now, and creating more access to overseas markets will actually get a better price for jobs, for workers, for the Canadian economy on our resources.”
    03/21/2018 - 4:02 am | View Website
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