Oil jumps to near $76 in Asia, fresh 1-year high, as stocks, US dollar fuel gainsOctober 15th, 2009 Oil jumps to fresh 1-year high near $76 a barrelSINGAPORE — Oil prices reached a fresh one-year high near $76 a barrel Thursday in Asia on a weaker U.S. dollar and growing investor optimism about an economic recovery.
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 hovers near $66 in Asia after jump in US crude supplies sparks 2-day plungeSeptember 25th, 2009 Oil hovers near $66 in Asia after 2-day plungeSINGAPORE — Oil prices hovered near $66 a barrel Friday in Asia after investor concerns about U.S. crude demand sparked a two-day plunge.
Oil rises slightly to above $66 in Asia after jump in US crude supplies sparks 2-day plungeSeptember 24th, 2009 Oil rises above $66 in Asia after 2-day plungeSINGAPORE — Oil prices rose above $66 a barrel Friday in Asia after investor concerns about U.S. crude demand sparked a two-day plunge.
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 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.
Oil extends rally to above $67 in Asia as stocks jump, fueling optimism on economyJuly 31st, 2009 Oil extends rally to above $67 as stocks jumpSINGAPORE — Oil prices jumped above $67 a barrel Friday in Asia, extending a big rally from the previous day as surging stock markets fueled investor optimism. Benchmark crude for September delivery was up 62 cents to $67.56 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Oil rises above $68 in Asia as economic recovery hopes fuel 3-week rallyJuly 27th, 2009 Oil rises above $68 as rally extends to third weekSINGAPORE — Oil prices rose above $68 a barrel Monday in Asia as a rally fueled by an improving economic and corporate outlook extended into a third week. Benchmark crude for September delivery was up 59 cents to $68.64 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Oil extends rally for third day, rising above $63 despite huge surplus and weak demandJuly 17th, 2009 Oil extends rally, jumps above $63NEW YORK — Oil prices are extending their rally into a third straight day, rising above $63 a barrel Friday for the first time in 10 days. Benchmark crude for August delivery jumped $1.80 to $63.82 a barrel on the New York Mercantile Exchange.
Oil jumps above $73 in Asia, 8-month high, on weaker dollar, Nigeria attacksJune 30th, 2009 Oil jumps above $73 on dollar fall, Nigeria attackSINGAPORE — Oil prices jumped above $73 a barrel Tuesday in Asia as a weakening U.S. dollar and attacks on oil installations in Nigeria helped push prices to eight-month highs.
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 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.
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.
Crude and gasoline prices rise after government reported drop in US suppliesMay 13th, 2009 Oil, gas prices rise after drop in US suppliesNEW YORK — Energy prices rose Wednesday after the government reported a sharp drop in U.S. crude stores and a sharp pullback in fuel production.
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