oil glut
Bloomberg Business: Oil Heads for Weekly Gain Amid Lowest Volatility Since December
Copyright 2015 Bloomberg. NKRPWN6JIJVI (Bloomberg) — Oil headed for the first weekly gain in three weeks amid the lowest trading volatility since December. Futures advanced as much as 0.8 percent in New York and are poised for a 2.8 percent gain through March 6. The CBOE Crude Oil Volatility Index,
Bloomberg Business: Oil Holds Below $50 as U.S. Supplies Seen Worsening Global Glut
Copyright 2015 Bloomberg. NK9ABM6K50YI (Bloomberg) — Oil traded below $50 a barrel before U.S. government data forecast to show crude inventories expanded from a record high in the world’s biggest consumer. Futures were little changed in New York after falling 2.7 percent on Monday. Crude stockpiles probably rose by 3.75 million
Bloomberg Business: Oil Halts Rising Streak as U.S. Stockpiles Seen Worsening Glut
Copyright 2015 Bloomberg. Ben Sharples (Bloomberg) — Oil fell for the first time in four days before U.S. government data forecast to show crude inventories increased further last week from a record level. Futures dropped as much as 0.9 percent in New York. Stockpiles probably gained by 3 million barrels
Bloomberg Business: Oil Extends Advance as U.S. Drillers Cut Rigs Amid Global Glut
Copyright 2015 Bloomberg. Ben Sharples (Bloomberg) — Oil extended gains after capping the biggest weekly advance in almost four years amid signs drilling is slowing in the U.S., the world’s biggest consumer. Futures climbed as much as 3.3 percent in New York after a second weekly increase through Feb. 6.
Bloomberg Business: Oil Extends Advance as U.S. Drillers Cut Rigs Amid Global Glut
Copyright 2015 Bloomberg. NJH9PA6JTSEP (Bloomberg) — Oil extended gains after capping the biggest weekly advance in almost four years amid signs drilling is slowing in the U.S., the world’s biggest consumer. Futures climbed as much as 3.3 percent in New York after a second weekly increase through Feb. 6. Drillers
Bloomberg Business: Oil Heads for Longest Decline in 6 Years as Glut Seen Worsening
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.
