Tag Archive | "oil demand"

Oil up 3% on upbeat economic data as dollar falls – Marketwatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures finished more than 3% higher Tuesday, finding support from a decline in the U.S. dollar as upbeat economic data from the U.S. and Germany helped brighten the outlook for oil demand. A bigger-than ……

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Oil settles higher; volume low – Marketwatch

A weaker dollar and rising U.S. stocks supported higher prices for oil futures. Stocks are seen as proxy for economic growth and as such a barometer of oil demand. A lower dollar makes dollar-denominated commodities cheaper for holders of other…

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VEGOILS-Palm oil inches lower before EU summit, rains eyed – Reuters

But palm oil futures are still on course for their first weekly gain in three weeks over concerns of heavy rains curbing output and eating into stocks. Traders are now on the lookout for any signs of slowing palm oil…

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NYMEX-Oil steadies above $97, China comments weigh – Reuters UK

U.S. crude oil demand in October rose as the economy showed some signs of growth, but gasoline consumption remained weak, the American Petroleum Institute said. * The futures curve for U.S. crude flattened and moved towards a contango structure ……

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Oil Futures Rise To Log Fifth Straight Gain – FOXBusiness

SAN FRANCISCO — Crude-oil futures rose Tuesday to log a fifth straight session of gains as forecasts for strong oil demand and concerns about Iran’s nuclear program helped lift prices to their highest closing level in over three months. Oil…

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Oil Snaps Longest 2011 Rally on IEA Demand Outlook, Euro’s Gain – BusinessWeek


Financial Times
Oil Snaps Longest 2011 Rally on IEA Demand Outlook, Euro's Gain
BusinessWeek
Brent expanded its premium to New York futures to $25.79 a barrel, near the Sept. 6 record of $26.87 based on settlement prices. The spread has

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Oil Declines in New York as IEA Cuts Demand Forecast, Euro Strengthens – Bloomberg


Moneycontrol.com
Oil Declines in New York as IEA Cuts Demand Forecast, Euro Strengthens
Bloomberg
Brent expanded its premium to New York futures to $25.79 a barrel, near the Sept. 6 record of $26.87 based on settlement prices. The spread has

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Oil futures shave some losses after data – Marketwatch

SAN FRANCISCO (MarketWatch) — Crude futures pared losses Monday and even ventured briefly into positive territory, as upbeat reports on U.S. manufacturing and construction spending spurred some hopes for oil demand. The data offset some of the ……

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Oil scene: Weak economic data batter crude markets – Arab News


Fars News Agency
Oil scene: Weak economic data batter crude markets
Arab News
Oil futures declined further this Friday, ending the month nearly 10 percent lower and down 16 percent for the quarter, as hopes dimmed that oil demand would

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Oil ends the month down 11% – Marketwatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures declined Friday, finishing a dismal September sharply in the red as hopes dimmed that oil demand would pick up amid fears of slow growth and heightened concerns about the euro-zone debt crisis.…

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