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By Lindsey Rupp and Nikolaj Gammeltoft, Bloomberg |
April 3, 2013
U.S. stocks fell, dragging the Standard & Poor’s 500 Index down from a record, as financial and energy shares tumbled after oil plunged and worse-than-estimated data spurred concern over economic growth.
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By Mark Shenk, Bloomberg |
April 3, 2013
Crude dropped after an industry report showed that U.S. oil stockpiles climbed to a nine-month high as output held at the highest level in more than two decades.
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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 Phil Flynn |
January 28, 2013
While WTI and heating oil look toppy, RBOB on the other-hand looks poised to drive higher. RBOB looks to target more than $3.00 a gallon basis the March future.
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By Moming Zhou, Bloomberg |
December 10, 2012
U.S. oil stockpiles dropped last week to the lowest level in almost two months as refineries ramped up fuel production, a Bloomberg survey showed.
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By Phil Flynn |
October 31, 2012
Enough with the refineries already! All the talk about the storm is about East Coast refineries when it should be about the destruction of demand.
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By Phil Flynn |
August 29, 2012
Hurricane Isaac makes a second landfall at Port Fourchon, La. and it is becoming clearer that the threat from this slow moving storm may not come from the winds but the potential flooding.
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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.
