Posts Tagged

oil prices

Oil Industry Volatility
Business Headlines

©2015 Bloomberg News NNJOEC6K50XY (For more on oil, click EXT5 ) (Bloomberg) — Oil fell for the third time in four days before U.S. government data forecast to show crude stockpiles expanded further from a record. Futures dropped as much as 0.5 percent in New York. Crude inventories probably increased by

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Strong muscular man lifting green dollar sign weights
Business Headlines

Copyright 2015 Bloomberg. NLA0PJ6JIJUP (Bloomberg) — The dollar maintained its rally, trading near a 12-year high versus the euro as investors considered the timeline for higher U.S. interest rates ahead of this week’s Federal Reserve meeting. Crude oil extended its slump. The greenback was at $1.0498 per euro by 8:16 a.m.

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Refinery Worker Standing In Front Of The Oil Pump
Business Headlines

Copyright 2015 Bloomberg. NKPXMM6TTDS3 (Bloomberg) — Oil climbed for a third day amid signs that supply growth at the biggest storage hub for crude in the U.S. may be slowing at a time when demand is improving. Futures advanced as much as 0.7 percent in New York. Stockpiles at Cushing, Oklahoma,

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Oil-Bust Veterans Brace For Storm Unseen By Shale-Boom Neophytes
Business Headlines

Copyright 2015 Bloomberg. Ben Sharples (Bloomberg) — Oil traded above $50 a barrel after the biggest slide in four days as investors weighed forecasts for slowing U.S. crude output against signs that the market is oversupplied. Futures gained as much as 2.2 percent in New York, compared with a 5.4

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Tatweer Petroleum Oil field
Business Headlines

Copyright 2015 Bloomberg. NIZ0HC6TTDSP (Bloomberg) — Oil headed for the longest run of monthly losses since January 2009 amid speculation that rising U.S. crude supplies will exacerbate the global glut that spurred last year’s price collapse. Futures were little changed in New York and set for a seventh monthly drop.

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