Moming Zhou, Bloomberg

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  Storm effect on oil prices waning as shale booms

  By Moming Zhou, Bloomberg  |  September 14, 2012

  The power of hurricanes to drive up oil prices is diminishing as the proportion of U.S. crude coming from the Gulf of Mexico falls to a 14-year low because of the increase in onshore shale production.

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  Oil gains for second day as supplies fall more than forecast

  By Moming Zhou, Bloomberg  |  August 15, 2012

  Crude gained for a second day after the U.S. Energy Department said stockpiles fell more than expected last week.

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  Oil drops below $80 to eight-month low

  By Moming Zhou, Bloomberg  |  June 21, 2012

  Oil tumbled below $80 a barrel for the first time in eight months on weak economic data that increased concern that demand will slow with supplies at the highest level in almost 22 years.

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  Oil supplies grow as Seaway relief valve looms

  By Moming Zhou, Bloomberg  |  May 22, 2012

  U.S. oil inventories climbed for a ninth week, reaching a 21-year high, as growing production bolstered a supply glut in the days before the Seaway pipeline began to move crude to refineries along the Gulf Coast.

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  Oil drops as Iran, IAEA reach agreement on nuclear inspections

  By Moming Zhou, Bloomberg  |  May 22, 2012

  Crude slipped as Iran agreed to let Western nuclear inspectors into the country, easing concern that the conflict over its atomic energy program would disrupt Mideast supplies.

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  Oil declines as US supply increases twice as much as forecast

  By Moming Zhou, Bloomberg  |  April 18, 2012

  Crude futures fell after the U.S. government reported a larger-than-expected supply gain amid speculation a slowing European economy may reduce demand.