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By Moming Zhou and Mark Shenk |
February 20, 2013
West Texas Intermediate tumbled the most in three months following declines in metals on speculation that a commodity fund is selling positions.
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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 Grant Smith and Ben Sharples, Bloomberg |
January 21, 2013
Oil dropped from the highest level in four months in New York before European finance ministers meet today to discuss the region’s debt crisis and as U.S. lawmakers vote this week on budget measures.
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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 Torsten Fagerholm |
January 15, 2013
Shepherd Energy Fund, the hedge fund that opened in 2004 to exploit price swings in European energy markets, stopped trading crude oil after losing money a third straight year.
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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 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.
