Energy Dept. says crude oil inventories fell last week while gas stockpiles roseOctober 7th, 2009 Crude oil stockpiles fall by 1 million barrelsNEW YORK — Crude inventories fell last week, while gasoline supplies grew, the government said Wednesday. Crude inventories fell by 1 million barrels, or 0.3 percent, to 337.4 million barrels, which is 10.9 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.
Oil rises above $70 in Asia amid weaker US dollar, mixed crude inventory dataOctober 7th, 2009 Oil rises above $70 in Asia as US dollar weakensSINGAPORE — Oil prices rose above $70 a barrel Thursday in Asia amid a weakening U.S. dollar and mixed crude inventory data.
Oil rises to above $67 in Asia despite increase in US crude inventoriesSeptember 30th, 2009 Oil above $67 in Asia despite high inventoriesSINGAPORE — Oil prices rose above $67 a barrel Wednesday in Asia despite an increase in U.S. crude inventories for a third week, which suggests consumer demand remains weak.
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.
Oil climbs above $72 in Asia as US dollar falls, OPEC to keep output unchangedSeptember 9th, 2009 Oil climbs above $72 as US dollar slumpsSINGAPORE — Oil prices rose above $72 a barrel Thursday in Asia amid a slumping U.S. dollar and steady OPEC production levels.
Oil steady near $68 in Asia amid mixed evidence on US crude demandSeptember 2nd, 2009 Oil steady near $68 amid mixed US demand signsSINGAPORE — Oil prices bobbed above $68 a barrel Thursday in Asia as mixed U.S. crude inventory data shed little light on demand.
Oil holds above $72 in Asia after US crude inventories fallAugust 20th, 2009 Oil holds above $72 after big US crude drawdownVIENNA — Oil prices held above $72 Thursday after jumping the previous day on an unexpected fall in U.S. crude inventories.
Oil rises to near $70 in Asia as US crude inventory drop suggest demand may be reboundingAugust 19th, 2009 Oil rises to near $70 on US crude inventory dropSINGAPORE — Oil prices rose to near $70 a barrel Wednesday in Asia, rallying for a second day after U.S. crude inventories unexpectedly fell last week.
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.
Oil rises above $70 in Asia as a drop in US crude inventories suggests demand pick-upJuly 1st, 2009 Oil rises above $70 as US crude inventories dropSINGAPORE — Oil prices rose above $70 a barrel Wednesday in Asia as a drop in U.S. crude inventories suggested demand may be picking up.
Oil rises to near $71 in Asia as a drop in US crude inventories suggests demand pick-upJuly 1st, 2009 Oil rises to near $71 as US crude inventories dropSINGAPORE — Oil prices rose to near $71 a barrel Wednesday in Asia as a drop in U.S. crude inventories suggested demand may be picking up.
Oil climbs above $72 in Asia on investor optimism for an economic recoveryJune 11th, 2009 Oil climbs above $72 on economic recovery hopesSINGAPORE — Oil prices climbed above $72 a barrel Thursday in Asia as investor optimism about a global economic recovery pushed crude to fresh highs for the year. Benchmark crude for July delivery rose was up 72 cents at $72.05 by early afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Oil climbs higher in Asia, nearing $70 a barrel ahead of US jobs reportJune 5th, 2009 Oil approaches $70 in AsiaBANGKOK — Oil climbed above $69 a barrel Friday in Asia as the first drop in U.S. unemployment claims in five months provided another sign that weak demand for crude could improve.
Oil climbs to near $60 in Asia as falling US crude inventories suggest demand pickupMay 13th, 2009 Oil climbs to near $60 on falling US inventoriesVIENNA — An unexpected drop in U.S. crude inventories propelled oil prices to near $60 Wednesday on indications that demand may be picking up.
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.