OIL FUTURES: Crude Hits 6-Mo High On Econ Optimism, Dollar
By Lananh Nguyen LONDON (Dow Jones)–Crude oil futures rose to fresh six-month highs Wednesday in London as economic optimism and a lower dollar encouraged buyers.
NYMEX-Crude ends down sharply on demand worries
* Wall Street down as bank, energy shares fall * Dollar up on global economic prospect worries NEW YORK, May 15 (Reuters) – US crude oil futures ended almost 4 percent lower on Friday amid demand worries following a pullback on Wall Street and as the …
OIL FUTURES: Crude Retreats From 2009 High On Econ Uncertainty
By Brian Baskin Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Crude oil futures fell back after hitting a high for the year as economic data expected later in the week threatened to dash hopes for a quick recovery.
NYMEX-Crude firms above $50 despite stock build
NEW YORK, April 29 (Reuters) – US crude futures firmed above $50 a barrel on Wednesday as traders shrugged off a larger-than-expected build in crude stocks in weekly government inventory data and banked instead on a bigger-than-forecast drawdown in …
NYMEX-Crude ends up as Wall Street gains, dollar dips
* Wall Street extends gains after “stress test” news * Euro at 1-week high vs dollar on German confidence NEW YORK, April 24 (Reuters) – US crude oil futures ended higher on Friday for the fourth day in a row as Wall Street extended gains and as a …
NYMEX-Crude down on large EIA stock build
* EIA: crude supply at fresh, near 19-year high * IMF says world falls into severe recession NEW YORK, April 22 (Reuters) – US crude oil futures fell back on Wednesday after government data showed a larger-than-expected build in domestic crude stocks …
NYMEX-Crude slips on economic worry, May to expiry
* Global equities weaker, Wall Street mixed early * US crude oil inventories expected to have risen NEW YORK, April 21 (Reuters) – US crude oil future fell on Tuesday as faltering confidence in a quick economic recovery and bank stability that pressured global equities pushed crude oil prices …