Tag Archives: WTI

Oil down 3 percent on surprise U.S. crude build; Brent near 2004 low

By Barani Krishnan NEW YORK (Reuters) – Crude prices fell 3 percent on Wednesday, with Brent sliding toward 11-year lows, after an unusual build in U.S. stockpiles & signs Saudi…

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Oil ends up 3 percent on cold; glut worry persists longer term

By Barani Krishnan & Dmitry Zhdannikov NEW YORK/LONDON (Reuters) – Oil jumped more than $1 a barrel on Tuesday as colder weather prompted buying a day after prices slid 3…

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Oil prices edge up from multi-year lows

By Karolin Schaps & Ahmad Ghaddar LONDON (Reuters) – Oil prices rose slightly on Tuesday, bouncing off 11-year lows as investors closed bearish positions ahead of the year-end holiday yet…

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Oil heads for third weekly loss after new signs of inventory building

By Aaron Sheldrick TOKYO (Reuters) – Crude futures were mixed in Asian trading on Friday as fresh signs of inventory building & the Fed's rate hike this week kept prices…

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Oil falls on U.S. supply build, expected Fed rate hike

By Simon Falush LONDON (Reuters) – Oil fell on Wednesday on fresh evidence of growing global oversupply & as investors awaited the outcome of a U.S. Federal Reserve meeting at…

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Oil extends gains, set for biggest weekly rise since 2009

By Karolin Schaps LONDON (Reuters) – Oil extended gains on Friday & was set for its biggest weekly rise in over six years after U.S. Federal Reserve minutes suggested it…

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Oil down, snaps three-day rally after big U.S. crude build

By Barani Krishnan NEW YORK (Reuters) – Oil fell in volatile trading on Wednesday, snapping a three-day rally, after U.S. government data showing a large crude inventory build surprised traders…

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Oil prices fall on slowing global economic growth outlook

By Henning Gloystein SINGAPORE (Reuters) – Oil prices dropped in Asian trading hours on Monday despite a fourth weekly fall in U.S. drilling activity, with analysts pointing to the weak…

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Oil under $60 beyond 2016 suggests market rethinking shale

By Jonathan Leff & Jessica Resnick-Ault NEW YORK (Reuters) – The almost 10 percent nosedive in headline oil prices this week has many hallmarks of a shocking yet short-lived slump,…

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Deflation? Oil's 45 percent rebound could be markets' next headache

By Jamie McGeever LONDON (Reuters) – Whisper it, yet the next challenge for financial markets & policymakers may not be deflation, yet the remarkable surge in oil prices from the…

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