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UPDATE 12-Oil down after record US crude stocks; Brent below $55ReutersNEW YORK, Feb 11 (Reuters) - Oil prices fell as much as 3 percent on Wednesday after U.S. stockpiles hit record highs, and analysts and traders said the market could shed more of a two-
Admin 12.02.2015 0 96

ReutersOil down after record US crude stocks; Brent below $55ReutersAnalysts polled by Reuters had forecast a build of nearly 4 million barrels. [EIA/S]. The record inventory was a sign the market was still struggling to find a home for some 2 million barr
Admin 12.02.2015 0 52

ReutersOil down after record US crude stocks, Brent below $55ReutersEnergy firms slashed billions of dollars from their oil exploration budgets, and the number of U.S. oil drilling rigs fell to three-year lows after crude prices fell to half their June pea
Admin 12.02.2015 0 73

ReutersOil down as US crude stocks continue surgeReutersIn Wednesday's session of U.S. crude, the discount between oil for prompt delivery and a year ahead CLH5-CLH6 was at $11 a barrel, its biggest in a week. The widening of the spread, known as &quot
Admin 12.02.2015 0 67

ReutersOil slips toward $56 on expectations oversupply to lingerReutersDemand rebound will not save the oil market." Brent crude futures LCOc1 were down 28 cents at $56.15 by 1250 GMT (07:50 a.m. EST). U.S. crude CLc1 traded at $50.12, up 10 cents, ha
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ReutersOil slips below $56 on expectations oversupply to lingerReuters"This all means a weak market in 2015 and even lower oil prices. Demand rebound will not save the oil market." Brent crude futures LCOc1 were down 90 cents at $55.53 by 1037 GM
Admin 11.02.2015 0 68

CNBCOil rallies for third day after OPEC sees greater crude demandReutersData from last week showing the U.S. oil rig count at a three-year low also bolstered prices, which were attempting to find a floor after one of the most brutal selloffs in crude that
Admin 09.02.2015 0 83

WBUROil Price Dip, Global Slowdown Create Crosscurrents For USWBURAnd it starts out as a negative shock to the oil sector. Kotok says cuts in production and energy company payrolls will cost the U.S. economy up to $150 billion. That's made investors ne
Admin 09.02.2015 0 63

CNBCOil over $58 as OPEC raises demand forecast for its crudeReutersGlobal benchmark Brent crude oil LCOc1 for March was up 35 cents at $58.15 a barrel by 1305 GMT (08:00 a.m. EST) after rising as high as $59.06 earlier in the session. U.S. crude CLc1 was
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Wall Street JournalUPDATE 6-Oil prices fall on weak Chinese manufacturing, US refinery strikesReutersSINGAPORE, Feb 2 (Reuters) - Crude oil prices fell on Monday after U.S. unions called a refinery strike and traders cashed in on strong price gains last we
Admin 02.02.2015 0 109