oil prices
Oil Resumes Slide as U.S. Crude Supplies Seen Exacerbating Glut
©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
Bloomberg Business: Dollar Holds Jump on U.S. Rate Outlook While Oil Extends Selloff
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.
Bloomberg Business: Oil Climbs a Third Day Amid Signs of Slowing U.S. Supply Growth
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,
Bloomberg Business: Oil Trades Above $50 as U.S. Supply Outlook Boosts Volatility
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
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.
