Oil Dropped 56 Cents Over Poor Employment Data Forecast
Bloomberg reported that oil dropped 56 cents on concern over worse-than-forecast employment data.
Oil Market News Directory
Murphy Oil: 2012 Q1 Net Income Surged 7.9 Percent
CBS News reported that Murphy Oil Corp. (NYSE:MUR) 2012 first quarter net income surged 7.9 percent.
Oil Surged $1.29 as U.S. Manufacturing Data Signaled Economic Growth
Bloomberg reported that oil surged $1.29 to $106.16 as U.S. manufacturing data signaled economic growth.
Oil Dropped 82 Cents After Spain’s Economy Declined in Q1
Bloomberg reported that oil dropped 82 cents after Spain’s economy declined in the first quarter.
Oil Prices Edged Below $104 a Barrel
CBS News reported that oil prices edged below $104 a barrel as Standard & Poor's lowered Spain's credit rating.
Oil Futures Surged 43 Cents
Bloomberg reported that oil futures surged 43 cents over U.S. Federal Reserve's growth forecast.
Exxon Mobil Announced a Quarterly Dividend of 21%
Fox Business reported that Exxon Mobil Corp. (NYSE:XOM) announced a quarterly dividend of 21%.
Oil Surged 0.9% to $104.49 a Barrel
Bloomberg reported that oil surged 0.9 percent to $104.49 a barrel after crude inventories decreased by 985,000 barrels last week.
Libya’s Oil Production Has Almost Returned to its Pre-War Levels
SF Gate reported that according to Libya's oil minister, oil production in Libya has almost returned to its pre-war levels.
Oil Dropped 5 Cents Over Eurozone’s Economic and Political Uncertainty
Reuters reported that oil dropped 5 cents on concern over Eurozone's economic and political uncertainty.
