Wed, Apr 22nd, 2009 | Business |

SINGAPORE (Dow Jones)--Crude oil futures traded lower Wednesday in Asia as regional share markets broadly pulled back from earlier highs, but the downside for prices appeared to be limited ahead of weekly U.S. government oil statistics. Data late Tuesday from the ...Read More

OIL FUTURES: Nymex Crude Down 1% On Equities, Stronger Dollar

Fri, Nov 20th, 2009 | Business |

OTTAWA (Dow Jones)--Crude oil futures declined 1% Friday as U.S. equities faltered, reviving concerns about the pace of economic recovery and oil demand. Light, sweet crude for December delivery settled down 74 cents, or 1%, at $76.72 a barrel on the ...Read More

NYMEX-Crude down on strong dollar, weak equities

Fri, Nov 20th, 2009 | Business |

* Dollar strengthens as risk appetite fades * Wall Street dips, investors assess economic prospects * Mild weather, profit-taking hit energy futures NEW YORK, Nov 20 (Reuters) - U.S. crude oil futures paredsome losses at midday Friday, but the mood ...Read More

NYMEX-Crude slips on dollar rise, economy concern

Fri, Nov 20th, 2009 | Business |

* Dollar strengthens on risk aversion * Wall Street lower at the open NEW YORK, Nov 20 (Reuters) - U.S. crude oil futures fell onFriday as the dollar strengthened and concerns about the paceand strength of economic recovery kept pressure ...Read More

OIL FUTURES: Nymex Crude Drops As Economic Recovery Lags

Thu, Nov 19th, 2009 | Business |

NEW YORK (Dow Jones)--Crude futures fell Thursday, trailing equities lower as a pair of closely watched economic indiciators added to fears that the U.S. economy is in for a slow recovery. Light, sweet crude for December delivery settled $2.12, or 2.7%, ...Read More

OIL FUTURES: Uncertain Demand Outlook Keeps Crude Under $80

Thu, Nov 19th, 2009 | Business |

SINGAPORE (Dow Jones)--Crude oil futures were little changed Thursday, hovering near $80 a barrel as traders waited for more signs that an economic recovery is on track. On the New York Mercantile Exchange, light, sweet crude futures for delivery in December ...Read More

NYMEX-Crude keeps gains on EIA oil, gasoline draws

Wed, Nov 18th, 2009 | Business |

* EIA: Crude, distillate, gasoline stocks down * Dollar retreats after big rally in 3 weeks NEW YORK, Nov 18 (Reuters) - U.S. crude oil futures tradedaround $80 a barrel on Wednesday, extending gains after thegovernment reported that domestic crude ...Read More

Crude Oil Rises a Third Day After Report Shows Lower Supplies

Wed, Nov 18th, 2009 | Business |

Nov. 18 (Bloomberg) -- Crude oil futures rose after a U.S.government report showed an unexpected decline in inventories. Supplies dropped 887,000 barrels to 336.8 million in theweek ended Nov. 13, the Energy Department said today in a weeklyreport. Inventories were forecast ...Read More

Oil Rises a Third Day as Industry Report Shows Lower Stockpiles

Wed, Nov 18th, 2009 | Business |

Nov. 18 (Bloomberg) -- Oil advanced for a third day, risingabove $80 a barrel after an industry report showed crudestockpiles declined in the U.S., the largest energy consumer. The American Petroleum Institute said yesterday crudeinventories fell by 4.37 million barrels last ...Read More

Oil above $79 after US crude supply drop

Wed, Nov 18th, 2009 | Business |

Benchmark crude for December delivery was up 61 cents to $79.75 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 24 cents to settle at $79.14 on Tuesday. U.S. crude inventories ...Read More

Oil rises towards $80 after US crude stocks draw

Wed, Nov 18th, 2009 | Business |

Oil rises towards $80 after US crude stocks draw LONDON (Reuters) - Oil rose to $80 per barrel on Wednesday after an industry report showed U.S. crude oil stocks fell steeply last week, but gains were limited by doubts over the outlook for economic growth and energy demand. Weekly data ...Read More

NYMEX-Crude ends higher as product futures support

Tue, Nov 17th, 2009 | Business |

NEW YORK, Nov 17 (Reuters) - U.S. crude oil futures endedhigher on Tuesday, recovering from earlier losses and assupport from bullish refined product futures proved strongenough to withstand a late bout of selling. Energy futures shrugged off the dollar's rebound ...Read More

Oil Prices Slip After PPI Data

Tue, Nov 17th, 2009 | Business |

NEW YORK -- Crude-oil futures were down slightly Tuesday just as recent highs were coming back in sight, though a smaller-than-expected gain in wholesale prices limited losses. Light, sweet crude for December delivery traded 14 cents, or 0.2%, lower at $78.76 ...Read More

OIL FUTURES: Nymex Crude Drops On Weakening US Demand

Fri, Nov 13th, 2009 | Business |

(Updates with Brent settlement) NEW YORK (Dow Jones)--Crude oil futures settled close to a one-month low Friday as worsening U.S. demand caused investors to steer clear of buying oil despite a weakening dollar. Light, sweet crude for December delivery settled 59 cents, ...Read More

US Stocks Close Lower, Led By Energy, Financials

Thu, Nov 12th, 2009 | Business |

(Updates with additional company information, beginning in the seventh paragraph.) NEW YORK (Dow Jones)--Energy stocks, including Exxon Mobil and Chevron, led U.S. stocks lower Thursday as crude oil futures fell, although Wal-Mart rose after its third-quarter earnings came in above the ...Read More