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Financial PostUPDATE 10-Oil ends down despite US crude draw; stockpiles still heftyReutersNEW YORK, May 13 (Reuters) - Oil prices fell after initially rallying on Wednesday as worries about huge supplies weighed on the market despite a second straight week
Admin 14.05.2015 0 86

Wall Street JournalIEA says oil market remains looseFinancial TimesEven though US shale output growth “buckled” last month following months of cost-cutting and a 60 per cent fall in the number of rigs drilling for oil, the International Energy Agency said
Admin 13.05.2015 0 77

Telegraph.co.ukUPDATE 12-Oil up 3 pct in largest gain in 3 weeks; volatility threatensReutersEIA cuts 2016 oil demand projections. * API numbers show crude stocks down 2 mln bbls last week (Adds API data, paragraph 10). By Barani Krishnan. NEW YORK, May 12
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Telegraph.co.ukUPDATE 11-Oil up about 3 pct; volatility threatensReutersSaudi-led air strikes aimed at Iran-allied Houthis hit on a rocket base in the Yemen capital Sanaa, killing 90 people and wounding 300 ahead of a five-day truce set to begin later Tues
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Reuters UKOil up about 3 percent; volatility threatensReuters UKThe Organization of the Petroleum Exporting Countries tweaked its 2015 world oil demand growth forecast to 1.18 million barrels per day (bpd), above a previous estimate of 1.17 million. Saudi-
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Reuters UKOil rises towards $66 as weaker dollar offsets oversupply concernReuters UKDollar-traded commodities such as oil benefit from a weaker U.S. unit as it makes them cheaper for holders of other currencies. "We had a strong recovery of the U.S.
Admin 12.05.2015 0 74

Reuters UKOil rises above $66 as weaker dollar offsets oversupply concernReuters UKRecord high oil output from Saudi Arabia in April failed to dent the move, although Goldman Sachs warned of further oil price declines. June Brent crude was up $1.34 at $66.
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USA TODAYUPDATE 10-Oil jumps as dollar dives, crude up 19 pct in 4 daysReutersDespite signs that U.S. crude supplies had registered another heavy build last week, investors were more confident that oil prices have hit a bottom after a seven-month rout. Tra
Admin 04.02.2015 0 84