Oil rises slightly after government reports crude supplies drop unexpectedlyOctober 7th, 2009 Oil rises to $71 on drop in oil supplyNEW YORK — Oil prices rose Wednesday after the government reported an unexpected drop in crude supplies. Benchmark crude for November delivery added 12 cents at $71 on the New York Mercantile Exchange.
Oil prices rise over $70 after government reports surprise drop in US gasoline supplySeptember 30th, 2009 Crude settles above $70 on supply dataNEW YORK — Oil prices climbed more than 5 percent, surpassing $70 a barrel Wednesday after a government report said the nation's gasoline supply dropped unexpectedly and demand increased from last year. Benchmark crude for November delivery added $3.90 to settle at $70.61 a barrel on the New York Mercantile Exchange.
Oil prices rise after government reports unexpected drop in US gasoline supplySeptember 30th, 2009 Crude and gasoline futures rise on supply dataNEW YORK — Oil prices climbed more than 5 percent, surpassing $70 a barrel Wednesday after a government report said the nation's gasoline supply dropped unexpectedly and demand increased from last year. Benchmark crude for November delivery added $3.90 to settle at $70.61 a barrel on the New York Mercantile Exchange.
US oil supplies grow; gasoline stockpiles drop as refiners pull back on operationsSeptember 30th, 2009 Crude supplies continue to growNEW YORK — Crude inventories grew last week, though gasoline supplies dropped as refiners pulled back on operations, the government said Wednesday. Crude inventories climbed by 2.8 million barrels, or 0.8 percent, to 338.4 million barrels, which is 11.4 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.
Crude falls sharply for second straight day on surging supplies; gasoline and other fuels fallSeptember 24th, 2009 Oil falls sharply with supplies on the riseOil prices fell sharply Thursday for a second straight day as growing supplies of crude, gasoline and heating oil exposed how badly the recession has cut into energy demand. Benchmark crude for November delivery fell 4.4 percent, or $3.08, to settle at $65.89 a barrel on the New York Mercantile Exchange.
Oil climbs on larger than expected draw from supplies; oil rises above $72September 16th, 2009 Crude supplies fall and a barrel rises above $72Energy prices jumped sharply Wednesday on new indications of economic activity that could renew demand for oil, gasoline, and natural gas. Prices began to rise early Wednesday after the government reported a large drop in crude supplies.
Oil climbs on larger than expected draw from supplies; oil rises above $71September 16th, 2009 Crude supplies fall and prices rise above $71Oil prices rose Wednesday after the government reported a large drop in crude supplies. Benchmark crude for October delivery climbed 96 cents to $71.89 a barrel on the New York Mercantile Exchange.
Oil hovers under $71 in European morning trade as US supplies rise, suggesting demand is weakSeptember 16th, 2009 Oil hovers under $71 as US crude supplies climbLONDON — Oil traded just below $71 a barrel Wednesday as an unexpected rise in U.S. crude supplies heightened investor concerns about weak consumer demand.
Oil hovers near $71 in Asia as US crude supplies rise, suggesting demand still weakSeptember 16th, 2009 Oil hovers near $71 as US crude supplies climbSINGAPORE — Oil prices hung near $71 a barrel Wednesday in Asia as an unexpected rise in U.S. crude supplies heightened investor concerns about weak consumer demand.
Oil around $71 in European afternoon trade as US supplies rise, suggesting demand is weakSeptember 16th, 2009 Oil hovers around $71 amid rising US suppliesLONDON — Oil traded just above $71 a barrel Wednesday as investors weighed a weakening dollar — which supports commodity prices — against a rise in crude supplies, which suggests demand remains weak. Benchmark crude for October delivery was up 13 cents to $71.06 a barrel by mid-afternoon in Europe in electronic trading on the New York Mercantile Exchange.
Oil stays below $71 in Asia as US crude supplies rise, suggesting demand still weakSeptember 15th, 2009 Oil stays below $71 as US crude supplies climbSINGAPORE — Oil prices hung below $71 a barrel Wednesday in Asia as an unexpected rise in U.S. crude supplies heightened investor concerns about weak consumer demand.
Crude supplies rise as expected, gasoline stocks dropAugust 5th, 2009 Crude supplies rise for second weekNEW YORK — Crude inventories rose last week, though gasoline supplies dropped yet again, the government said Wednesday. Crude inventories increased by 1.7 million barrels, or 0.5 percent, to 349.5 million barrels, which is 18.4 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.
China boosts gasoline, diesel prices in year's 4th price change as global costs riseJune 30th, 2009 China raises gasoline, diesel pricesBEIJING — China boosted state-set gasoline and diesel prices Tuesday to reflect rising global crude costs. The retail price of gasoline rose by 8.6 percent and that of diesel by 9.6 percent, the country's planning agency announced.
Crude supplies drop more than expected, gas and distillate inventories jump more than expectedJune 24th, 2009 Crude supplies drop more than expectedNEW YORK — Crude inventories dropped more than expected last week, while gasoline inventories soared, the government said Wednesday. U.S. crude supplies decreased by 3.8 million barrels, or 1.1 percent, to 353.9 million barrels, which is 18.8 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.
Crude prices fall despite drop in US supplies, gasoline prices continue to riseMay 13th, 2009 Oil prices fall despite drop in US suppliesNEW YORK — A slump in the stock market helped drag energy prices lower Wednesday despite data showing U.S. crude supplies shrank for the first time in 10 weeks.
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