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News Topics: Commodity Prices

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Oil Up First Time in 8 Weeks on China Rate Cut, OPEC Expectations
Friday, November 21, 2014 Oil prices rise for their first weekly gain in two months with benchmark Brent crude returning to above $80 a barrel after a rally triggered by China's interest rate cut and speculation of an OPEC output cut.

BBVA Compass: The Texas Economy Can Handle $70-80/bbl Crude Oil Prices
Thursday, November 20, 2014 The Texas economy is likely to remain strong as long as crude oil prices remain at, or above, the $70-80/bbl range, according to a recent report.

Oil Up After 3-Day Loss On Strong US Data, OPEC Cut Speculation
Thursday, November 20, 2014 Oil closes higher, snapping a three-day loss, as strong US economic data bolsters crude markets.

Oil Down On Fed Uncertainty Over US Economy; OPEC In Focus
Wednesday, November 19, 2014 Oil prices fall for a third straight day, as early gains on talk of a possible OPEC output cut vanish after the Federal Reserve releases minutes.

Oil Extends Slide As Traders Seek Fresh Leads On OPEC
Tuesday, November 18, 2014 Oil falls for a second straight day as traders look beyond price defense attempts by Russia and Venezuela and toward Saudi Arabia and OPEC for fresh leads.

Oil Down after One-Day Rise, as Japan Enters Recession
Monday, November 17, 2014 Oil prices fall after a one-day rally as fourth-largest crude importer Japan fell into recession and an OPEC meeting neared without an agreement to cut production.

Oil Surges a Day after Brent Crash; Supply Fears Linger
Friday, November 14, 2014 Brent crude jump almost $2 a barrel for its biggest gain in three weeks amid support a day after crashing to four-year lows, but analysts doubt the rebound will continue.

Oil Slumps to 4-yr Low as Brent Crashes Below $80 a Barrel
Thursday, November 13, 2014 Oil prices slumped more than 3 percent to four-year lows on Thursday, with benchmark Brent crashing below $80 a barrel.

Brent Slips Below $80 As Saudis Refuse To Get Into Oil 'Price War'
Wednesday, November 12, 2014 Benchmark Brent crude slides below $80 a barrel, extending a freefall in oil prices that began earlier this year.

Brent At 4-Year Low In Continued Hunt For Bottom, US Crude Up
Tuesday, November 11, 2014 Brent crude closes down after setting a four-year low and coming close to testing the psychologically important $80 a barrel support.

Oil Falls as Strong Dollar Outweighs Libya, Ukraine Concerns
Monday, November 10, 2014 U.S. crude falls more than $1, edging below $78 a barrel, and Brent crude also dropped with both reversing early gains as U.S. dollar strength outweighed worries about conflict in Libya and Ukraine.

US Oil Hits Longest Weekly Losing Streak Since 1998
Friday, November 07, 2014 US crude climbs less than a dollar but finishes down more than 2% for the week, marking the first time the benchmark has fallen for six straight weeks since December 1998.

Oil Ends Down Again as Supply Worry, Dollar Strength Weigh
Thursday, November 06, 2014 Oil markets fall after a one-day spike as worries about high supplies returned to haunt traders, while the dollar pressed on with its rally which weighed on commodities priced in the currency.

Oil Jumps In Volatile Trade On Saudi Pipeline, US Inventories
Wednesday, November 05, 2014 Oil prices jump, with Brent rebounding from a four-year-low, as traders react to rumors of a pipeline blast in Saudi Arabia and bullish news on US crude inventories.

Oil Prices Tumble On Saudi Discount Move
Tuesday, November 04, 2014 Oil prices fall to multi-year lows after Saudi Arabia cuts the price of oil sold to the US, a move that is shaking an already volatile market but will likely give the world economy an unexpected stimulus.

Oil Tumbles Anew As Saudi Cuts US Prices, Hikes Others
Monday, November 03, 2014 Oil tumbles by as much as $2 a barrel in the final minutes of regular trade, hitting new lows in New York as Saudi Arabia deepens price cuts for US customers.

Oil Falls for Fourth Month, Longest Slump Since 2008
Friday, October 31, 2014 Oil's losing streak continued for the fourth consecutive month, with prices tumbling as another round of monetary stimulus from Japan pumped up the U.S. dollar and pounded the crude market.

Oil Slips On Dollar, Rate Fears After 2-day Gain; Brent Below $87
Thursday, October 30, 2014 Oil prices closed down 1%, resuming their downtrend after a two-day climb.

Oil Ends Up As US Crude Stocks Rise Less Than Expected
Wednesday, October 29, 2014 Oil prices close higher for a second day in a row after data showed US crude stockpiles rose less than expected last week.

Oil Rises After 2-Day Loss; US Inventories Seen Up Again
Tuesday, October 28, 2014 Crude oil prices close higher, with Brent finishing just above $86 a barrel after two straight days of losses.

US Oil Recovers From Dip Below $80 On Short-Covering
Monday, October 27, 2014 US oil prices rebound after tumbling to a 28-month low below $80 per barrel as short-covering helps offset earlier losses triggered by Goldman Sachs slashing its price forecasts.

Brent Oil Ends Week Flat, Pausing Rout, as US Contango Looms
Friday, October 24, 2014 Brent oil prices fell but were little changed on the week as traders caught their breath from a months-long rout, even as signs of rising global supply and a U.S. contango structure threatened deeper losses.

Brent Up Almost 3%, Biggest Gain Since June, On Reported Saudi Cut
Thursday, October 23, 2014 Brent crude oil jumps nearly 3%, its most in over four months, after an industry source says Saudi Arabia cut output in September following the summer's tumble in prices.

Oil Dives After Big US Weekly Crude Stock Build
Wednesday, October 22, 2014 Oil prices fall sharply, with US crude approaching $80 a barrel after data shows a second big jump in weekly US crude stockpiles.

Oil Ends Up After China Demand News, Fragile Recovery Seen
Tuesday, October 21, 2014 Brent crude oil ends up almost 1%, helped by data showing stronger-than-expected China demand and some technical price recovery after weeks of almost uninterrupted selling.

Oil Falls Below $86 As Oversupply, Global Economy Worries Weigh
Monday, October 20, 2014 Brent crude falls, dropping below $86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week's 4-year low.

Russia's Gazprom Neft Sees Oil Price Returning To $95-110 Per Barrel
Friday, October 17, 2014 Gazprom Neft says it does not see a fall in the oil price as a long-term trend.

Oil Bucks Downtrend To Eek Out Small Gain
Friday, October 17, 2014 Oil prices rise slightly, bouncing from near 4-year lows even while marking a fourth straight weekly loss.

Oil Rises On Tight US Gasoline Stocks, Options Expiry
Thursday, October 16, 2014 Oil prices rise in volatile trading, as data showing tight US gasoline supplies and technical trading ahead of options expiry provided rare support amid a long downturn.

Oil Resumes Slump On Economic Gloom After Brief Bounce
Wednesday, October 15, 2014 Oil prices slump after a brief bounce from four-year lows fails to gain traction.

Oil Dives $4 As Demand Dims, Shale Booms And OPEC Resists Cuts
Tuesday, October 14, 2014 Oil dives more than $4 a barrel, its biggest drop in more than two years as mounting evidence of slackening demand and unrelenting US shale output leaves traders struggling.

IEA Sees 2015 Oil Demand Growth Much Lower, Supply Hitting Prices
Tuesday, October 14, 2014 Demand for oil in 2015 will grow far slower than previously forecast as global economies remain weak, the IEA says.

Brent Crude Slides To Lowest Since 2010 On Saudi Output Signal
Monday, October 13, 2014 Brent oil prices fall, tumbling more than $2 a barrel intraday to their lowest since 2010.

Oil Rebounds Off 4-Year Low On Short Covering
Friday, October 10, 2014 Global oil prices rebound, after sinking to the lowest levels in nearly four years earlier in the day.

Brent Drops Below $90; Worry Over Global Economy, Supply
Thursday, October 09, 2014 Brent breaks below $90 a barrel for the first time since the summer of 2012.

Brent Ends Down But Off Early Lows, Shaking Off US Stockpile Data
Wednesday, October 08, 2014 Brent crude hits a 27-month low before recovering partially to close above $91 a barrel.

Oil Deepens Slump On Economy, Demand Data; Arbitrage Hits WTI
Tuesday, October 07, 2014 World oil prices resumes a months-long rout to close at lowest in more than two years, pressured by reduced economic and demand growth forecasts.

Oil Reverses Course, Ends Higher On Weak Dollar
Monday, October 06, 2014 Crude oil futures reverse course after a massive sell-off last week and end higher on a slump in the US dollar.

Oil Shaves $1, Retreats to Bear Territory on US Dollar Spike
Friday, October 03, 2014 Global crude oil prices extended a months-long rout into bear market territory, with Brent notching a new 27-month low as the dollar spiked.

Oil Prices Deepen Slide On Glut Worry; US Crude Bounces
Thursday, October 02, 2014 Global oil prices deepen a three-month rout to hit their lowest since mid-2012.

Oil Falls As Bearish Trend Continues, Saudi Lowers Prices
Wednesday, October 01, 2014 Oil prices fall toward $94 a barrel, continuing a three-month losing stretch as weak economic signals from China and Europe and ample global supply continue to weigh.

Oil Drops To Two-Year Lows, Capping Quarter-Long Rout
Tuesday, September 30, 2014 World oil prices tumble to their lowest in more than two years on, with US crude posting its biggest daily decline since 2012.

US Crude Rises On Economic Data, Strong Products Market
Monday, September 29, 2014 US crude oil rises backed by strong US economic data, and Brent edges up after nearing a two-year low last week.

Brent Steady, US Crude Up On Supportive Economic Data
Friday, September 26, 2014 Brent crude futures end flat as improving supply and concerns about tepid demand for oil in Europe and China offset concerns about the Middle East conflicts.

Oil Flat On Strong Dollar, Abundant Supplies
Thursday, September 25, 2014 Brent crude oil prices hold steady while US crude dips slightly in choppy trading.

Brent Rebounds, US Crude Gains As Spread Dips Below $4
Wednesday, September 24, 2014 Crude oil futures on both sides of the Atlantic settle higher, shrugging off early losses.