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By Mark Shenk, Bloomberg |
February 13, 2013
West Texas Intermediate oil in New York dropped after the Energy Information Administration said U.S. crude output rose to the highest level in 20 years.
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By Mark Shenk, Bloomberg |
February 4, 2013
Oil tumbled the most in two months after equities dropped on political turmoil in Europe and as Middle East tensions eased on the prospect of renewed talks between Western countries and Iran.
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By Mark Shenk, Bloomberg |
February 1, 2013
Oil capped the longest stretch of weekly advances in more than eight years after reports showed that U.S. hiring and manufacturing expanded last month.
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By Mark Shenk, Bloomberg |
January 22, 2013
Oil increased to a four-month high as German investor confidence climbed more than economists expected and a Bloomberg survey showed that international optimism about equities gained.
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By Mark Shenk, Bloomberg |
December 31, 2012
Oil in New York rose on optimism that negotiators will reach a last-minute U.S. budget deal that would avert more than $600 billion of tax increases and spending cuts that threaten economic growth.
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By Mark Shenk, Bloomberg |
November 7, 2012
Oil fell from a two-week high in New York after President Barack Obama won re-election and as Greece prepared to vote on austerity measures.
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By Mark Shenk, Bloomberg |
October 5, 2012
Oil pared a decline after government data showed the U.S. added 114,000 jobs last month as the unemployment rate in the U.S. unexpectedly fell to 7.8 percent.
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By Mark Shenk, Bloomberg |
September 19, 2012
Oil tumbled to a six-week low after U.S. crude inventories surged the most since March as production and imports rebounded from Hurricane Isaac.
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By Mark Shenk, Bloomberg |
July 25, 2012
Oil declined after an Energy Department report showed U.S. stockpiles unexpectedly climbed as production surged to the highest level in 13 years.
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By Mark Shenk, Bloomberg |
July 12, 2012
Oil declined as the euro slumped to a two-year low, reducing investor appetite for raw materials, and on signals that the global economic recovery is faltering.
