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By Moming Zhou, Bloomberg |
May 2, 2013
West Texas Intermediate crude gained the most in almost six months as the number of Americans filing applications for unemployment benefits slipped and the European Central Bank reduced interest rates to a record low.
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By Moming Zhou, Bloomberg |
April 23, 2013
West Texas Intermediate crude was little changed as data from China and Europe signaled a slowdown in global manufacturing and equities climbed for a third day.
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By Moming Zhou, Bloomberg |
March 20, 2013
West Texas Intermediate oil rose after a government report showed U.S. inventories unexpectedly declined last week and as European policy makers weighed bailout options for Cyprus.
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By Moming Zhou, Bloomberg |
March 15, 2013
West Texas Intermediate crude gained for the sixth time in seven days as the dollar weakened and inventories fell at a major storage hub. The U.S. benchmark narrowed its discount to Brent crude for a fifth week.
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By Moming Zhou, Bloomberg |
March 12, 2013
West Texas Intermediate advanced, narrowing its discount to Brent crude to the lowest level in more than five weeks, as the euro trimmed losses against the dollar and OPEC increased production.
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By Moming Zhou, Bloomberg |
January 18, 2013
Oil headed for the longest weekly winning streak in 14 months in New York after growth accelerated in China, the world’s second-biggest crude-consuming country.
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By Moming Zhou, Bloomberg |
January 14, 2013
Oil rose to the highest level in almost four months as service began on the expanded Seaway pipeline and heating oil jumped.
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By Moming Zhou, Bloomberg |
December 10, 2012
U.S. oil stockpiles dropped last week to the lowest level in almost two months as refineries ramped up fuel production, a Bloomberg survey showed.
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By Moming Zhou, Bloomberg |
September 26, 2012
Oil fell below $90 a barrel as a report showed U.S. stockpiles rose for a third week and on concern the worsening European crisis will reduce demand.
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By Moming Zhou, Bloomberg |
September 20, 2012
Oil was little changed as gasoline and heating oil futures climbed while more Americans than forecast applied for unemployment benefits.