Oil rises above $67 in European trade despite increase in US crude inventoriesSeptember 30th, 2009 Oil above $67 despite high inventoriesStrengthening stock markets in Europe helped push oil prices above $67 a barrel Wednesday despite data showing U.S. crude inventories rose for a third week, suggesting consumer demand remains weak.
Oil rises to near $68 in midday European trade despite increase in US crude inventoriesSeptember 30th, 2009 Oil to near $68 despite high inventoriesStrengthening stock markets in Europe helped push oil prices to near $68 a barrel Wednesday despite data showing U.S. crude inventories rose for a third week, suggesting consumer demand remains weak.
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.
Oil falls to near $68 in Asia as US crude inventories unexpectedly jumpSeptember 23rd, 2009 Oil falls to near $68 as US crude supplies jumpSINGAPORE — Oil prices dropped to near $68 a barrel Thursday in Asia as an unexpected jump in U.S. crude inventories suggested consumer demand remains in the doldrums.
Oil falls below $72 in Asia as stockpiles linger despite economic recovery signsSeptember 21st, 2009 Oil falls below $72 in Asia amid weak demandBANGKOK — Oil prices fell below $72 a barrel Monday in Asia as high crude stockpiles and weak demand tempered enthusiasm about recent signs of improvement in the world's largest economy. Benchmark crude for October delivery was down 40 cents at $71.64 a barrel by midday Bangkok time in electronic trading on the New York Mercantile Exchange.
Oil falls to near $71 in Asia as stockpiles linger despite economic recovery signsSeptember 21st, 2009 Oil falls to near $71 in Asia amid weak demandBANGKOK — Oil prices fell to near $71 a barrel Monday in Asia as high crude stockpiles and weak demand tempered enthusiasm about recent signs of improvement in the world's largest economy. Benchmark crude for October delivery was down 88 cents at $71.16 a barrel by late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.
Oil rises above $72 in Asia as US crude inventories drop, dollar weakensSeptember 10th, 2009 Oil rises above $72 as US crude inventories plungeSINGAPORE — Oil prices rose above $72 a barrel Friday in Asia as a drop in U.S. crude inventories suggested demand may be picking up.
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.
Oil falls below $66 in Asia as consumer confidence drop, inventories point to weak US demandJuly 29th, 2009 Oil falls below $66 on US consumer confidence dropVIENNA AP) — Oil prices fell below $66 a barrel Wednesday, reflecting weak demand outlook shown by a drop in U.S. consumer confidence and rising crude inventories.
Oil falls below $67 in Asia as consumer confidence drop, inventories point to weak US demandJuly 29th, 2009 Oil falls below $67 on US consumer confidence dropSINGAPORE — Oil prices fell below $67 a barrel Wednesday in Asia as a drop in U.S. consumer confidence and rising crude inventories painted a weak demand outlook.
Crude reserves drop less than expected, gasoline stockpiles surge despite July Fourth travelJuly 15th, 2009 Oil reserves fall; gasoline surgesNEW YORK — Crude oil reserves fell more than expected last week while gasoline stockpiles expanded, the government said Wednesday. Crude inventories dropped 2.8 million barrels, or 0.8 percent, to 344.5 million barrels, which is 16.5 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.
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.
Oil limps below $49 in Asia as high US crude inventories, weak demand, undermine optimismApril 23rd, 2009 Oil limps below $49 as recovery hopes waneSINGAPORE — Oil prices stumbled below $49 a barrel Thursday in Asia as rising U.S. crude inventories and a stark demand forecast by the IMF doused investor optimism for a near-term recovery from the global recession.
Oil lingers below $49 in Asia as high US crude inventories, weak demand, undermine optimismApril 23rd, 2009 Oil lingers below $49 as recovery hopes waneSINGAPORE — Oil prices lingered below $49 a barrel Thursday in Asia as rising U.S. crude inventories and a stark demand forecast by the IMF doused investor optimism for a near-term recovery from the global recession.
Crude oil inventories are at highest levels in almost 2 decadesApril 22nd, 2009 Crude oil inventories jump more than expectedNEW YORK — Crude inventories rose more than forecast last week while gasoline inventories jumped despite expectations for a dip, according to government data released Wednesday. For the week ended April 17 crude inventories rose by 3.9 million barrels, or 1.1 percent, to 370.6 million barrels, which is 17.2 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.
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