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By Mark Shenk, Bloomberg |
April 2, 2013
West Texas Intermediate crude rose as U.S. equities surged after data showed U.S. factory orders exceeded forecasts, signaling increasing economic growth and fuel demand.
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By Brian K. Sullivan |
March 21, 2013
Oil, gasoline and copper fall on conflicting economic data, while gold climbs.
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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 Mark Shenk, Bloomberg |
March 13, 2013
West Texas Intermediate oil pared gains after an Energy Information Administration report showed that U.S. inventories gained last week as production rose.
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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 Mark Shenk, Bloomberg |
March 11, 2013
Oil dropped as China’s industrial production trailed estimates and after Saudi Arabian crude output climbed from a 20-month low last month.
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By Barbara Powell, Bloomberg |
March 6, 2013
Gasoline sank as the Energy Information Administration reported East Coast stockpiles increased and imports jumped. Crack spreads narrowed.
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By Mark Shenk, Bloomberg |
March 1, 2013
West Texas Intermediate oil slipped to the lowest level this year as Chinese manufacturing expanded less than forecast and U.S. federal spending cuts were set to be triggered, bolstering concern that fuel demand will decline.
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By Mark Shenk, Bloomberg |
February 28, 2013
OPEC crude output rose for the first time in six months as rising Libyan production outpaced a cut by Saudi Arabia, which has implemented a program aimed at curbing excess supply and supporting prices.
