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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 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 Asjylyn Loder, Bloomberg |
April 2, 2013
China is on course to overtake the U.S. as the world’s top crude importer by 2014, as the Asian country’s growing refining capacity boosts demand and America’s fracking boom cuts the need for foreign oil, OPEC said today.
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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 |
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 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 Mark Shenk, Bloomberg |
November 7, 2012
Oil fell from a two-week high in New York after President Barack Obama won re-election and as Greece prepared to vote on austerity measures.
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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.
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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.
