Bloomberg reports that Oil traded at the highest price in two weeks on speculation cold weather in Europe will increase fuel demand.
Articles Tagged "futures"
Bloomberg reports that Oil rose from the lowest level in a week after the U.S. economy grew more than previously estimated in the third quarter.
Bloomberg reports that Oil fell, posting its biggest weekly loss in three months.
Bloomberg reports that Oil rose, rebounding from a four- week low.
The oil spill liability could extend well beyond British Petroleum as Transocean Ltd., Halliburton Co. and Cameron International Corp. all had some exposure to this series of current events.
U.S. crude futures extended gains to trade firmly above $70 a barrel on Thursday, after a 1 percent surged a day earlier, as Asian stocks followed Wall Street higher, offsetting a larger-than-expected build in U.S. crude inventories. For full story, click here
U.S. crude futures surged by $1.00 a barrel to hit a new seven-month above $71 on Wednesday, extending the previous session’s gain of 2.8 percent after data showed a steep dip in U.S. crude inventories. For full story, click here
Crude oil fell on Tuesday, snapping four days of gains, on concern a U.S. government report will show stockpiles climbed from the highest level since September 1990. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year.
New York’s main futures contract, light sweet crude for June, surged to US$48.8 while Brent North Sea crude for delivery in June rose to US$50.10. For full story, click here
U.S. crude oil futures dipped more than $4 on Monday on curbed optimism about the economy as stock markets retreated, the dollar increased and oil inventories swelled. For full story, click here