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By Mark Shenk and Moming Zhou |
April 25, 2013
West Texas Intermediate crude capped the longest rally in nine months as fewer Americans filed first-time claims for unemployment insurance payments last week and the market breached key technical resistance.
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By Moming Zhou |
April 25, 2013
West Texas Intermediate crude rose for a sixth day as fewer Americans than forecast filed first- time claims for unemployment insurance payments last week.
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By Mark Shenk, Bloomberg |
April 18, 2013
West Texas Intermediate crude rose from a four-month low on signals that recent losses were exaggerated and as Spain sold more debt than planned.
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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 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 Inyoung Hwang, Sarah Pringle and Moming Zhou, Bloomberg |
March 4, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average within 40 points of a record, amid optimism the Federal Reserve will continue to provide monetary stimulus.
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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.
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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.