News Topics: Commodity Prices

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Indonesia's Pertamina to Halt Oil Contracts with Petral in June
Wednesday, May 27, 2015 Indonesia's Pertamina will halt all contracts with its oil trading arm, Petral, next month.

Oil Down About 3% Again On Dollar, Awaits Supply Data
Wednesday, May 27, 2015 Oil prices fall by up to 3% for a second straight day as a resurgent dollar weighs on the market ahead of US inventory data.

Oil Falls As Dollar Strengthens, Ample Supply Weighs
Tuesday, May 26, 2015 Oil prices fall nearly 3% as the dollar's rally weighs on dollar-denominated crude oil futures along with concerns that a recent rally might keep US producers active.

Oil Down 2% Ahead Of Long US Memorial Day Weekend
Friday, May 22, 2015 Oil falls about 2% as a rallying dollar and profit-taking ahead of a long US holiday weekend cut short a two-day run-up in crude prices.

Oil Gains Over 2% On Inventory Draws, Iraq Fighting
Thursday, May 21, 2015 Oil prices jump more than 2%, giving Brent its biggest rally in more than a week.

Oil Rises On US Crude Drawdown But Oversupply Still Weighs
Wednesday, May 20, 2015 Oil prices rebound, with US crude snapping a five-day decline.

Oil Down Over 3% On Dollar Rally, Ample Supply Worry
Tuesday, May 19, 2015 Oil prices fall more than 3%, with US crude extending losses for a fifth straight day.

Oil Down As Firmer Dollar, Ample Supplies Offset Mideast Turmoil
Monday, May 18, 2015 Oil slips as a rallying dollar and concerns of growing oversupply weighs on the market after Saudi Arabia reported its highest crude exports in nearly a decade.

Brent Up, US Crude Down As Oil Rally Comes Into Question
Friday, May 15, 2015 Brent rebounds from early weakness while US crude holds to losses as traders and investors debate whether oil's rally over the past month and a half should continue.

Oil Down On Ample Supply As June Brent Expires
Thursday, May 14, 2015 Oil futures pull back as ample global supply weighs on prices while Brent's front-month June contract heads to expiration.

Oil Falls as Refiners Reduce Crude Runs by Most in Four Months
Wednesday, May 13, 2015 Crude oil fell as U.S. refineries reduced their crude use by the most in almost four months.

Oil Up About 3%; Volatility Threatens
Tuesday, May 12, 2015 Oil rises as much as 3 percent as a weak dollar lifts commodities denominated in the currency and OPEC raises slightly its forecast for world oil demand growth.

Oil Slips Lower Amid Debate on U.S. Shale Oil Recovery
Monday, May 11, 2015 Oil edges lower on signs that a multi-week rally was encouraging a rejuvenation in already bloated U.S. shale supplies, even as the government expected less output in June from the fastest-growing fields.

Brent Posts Weekly Loss After Month Of Gains; US Crude Up
Friday, May 08, 2015 Brent oil posts its first weekly loss in a month as the market frets again about global oversupply. Meanwhile, US crude rises for an eighth straight week.

Oil Dives 3% On Surging Dollar, Renewed Supply Worries
Thursday, May 07, 2015 Oil prices tumble 3% as a resurgent dollar erases gains from the past two sessions, setting the market up for its first weekly loss in five.

Oil Hits 2015 Peak After First US Crude Drawdown Since January
Wednesday, May 06, 2015 Oil prices hit 2015 peaks amid the first drawdown in US crude inventories since January, before settling off their highs as investors and traders move to take profits on a multi-week rally.

Oil Hits 2015 Highs As Libya Output Slows, Saudis Raise Prices
Tuesday, May 05, 2015 Oil prices hit their highest for the year, aided by a disruption in Libyan crude exports, higher selling prices for Saudi oil and a weaker dollar that tends to inflate commodity prices.

Oil Down After 2015 High; Saudis' Yemen Action And Dollar Weigh
Monday, May 04, 2015 Brent oil hit a 2015 high before settling down with US crude as Saudi Arabia's plan to halt bombing in Yemen eased tensions over the security of oil Middle East supplies.

Oil Off 2015 Highs On Iraq Export Record, Strong Dollar
Friday, May 01, 2015 Oil prices ease off 2015 highs after Iraq says its crude oil exports hit a record in April, and on pressure from a stronger dollar.

Oil Has Best Monthly Gain In 6 Years But Rally May Hit 'Speed Bumps'
Thursday, April 30, 2015 Oil rounds out its best monthly gain in six years, with the two global benchmarks for crude rising between 20 and 25% in April, helped by a weaker dollar and bets that a supply glut would ease.

Oil Hits 2015 Highs After First US Hub Stock Draw In 5 Months
Wednesday, April 29, 2015 Oil prices hit the highest this year after the first crude stock draw in five months at the US Cushing, Oklahoma hub suggests an oil glut may be starting to ease.

Oil Under Pressure As High Supply Offsets Mideast Tensions, Dollar
Tuesday, April 28, 2015 Oil prices remain under pressure as worries about record high US crude stockpiles offset security scares in the Middle East and support from a weak dollar.

Oil Slips As Ample Supply Counters Yemen, Drilling Slump
Monday, April 27, 2015 Crude settles lower as ample global supply blunts support from the conflict in Yemen and the falling number of US rigs drilling for oil.

Brent At 4-1/2 Month High; US Crude Up For Sixth Week
Friday, April 24, 2015 Oil prices diverge, with Brent hitting 4-1/2-month highs on continued fighting in Yemen.

Oil Hits 2015 High On Yemen Worry; US Gasoline At Nov Peaks
Thursday, April 23, 2015 Crude oil prices settle up 3%, hitting 2015 highs, while US gasoline reaches 5-month peaks.

Brent Up On More Yemen Bombing; US Crude Dips After Stock Build
Wednesday, April 22, 2015 Oil prices diverged; Brent closed up on renewed fighting in Yemen while US crude fell after another weekly rise in inventories despite slower production.

Oil Down As Saudis End Yemen Bombing; Traders Eye Crude Build
Tuesday, April 21, 2015 Oil prices fall after Saudi Arabia announces the end of its military campaign in Yemen.

Oil Up On Drop In US Crude Stockpiles, Middle East Tensions
Monday, April 20, 2015 Oil prices end in positive territory after a drop in stockpiles at the delivery point for US crude in the second half of last week outweighed pressure from near record high production in Saudi Arabia.

Oil Falls From 2015 Peaks, Brent Jumps 9.6% On The Week
Friday, April 17, 2015 Crude futures fell from 2015 peaks in choppy trading, but Brent's 9.6% weekly gain was its biggest in more than five years.

Oil Turns Higher, Rallies To 2015 High On Yemen Conflict
Thursday, April 16, 2015 Crude oil prices jump to fresh 2015 peaks, turning higher on news that a tribal group made up of former Al Qaeda militants took control of a major southern oil terminal in Yemen.

Oil Surges After Lower Than Expected US Inventory Rise
Wednesday, April 15, 2015 Oil prices rally and US crude jumps nearly 6% to a 2015 peak after government data shows crude oil inventories in the US rose less than expected.

Oil Rises On US Production Dips, Middle East Tensions
Tuesday, April 14, 2015 Crude oil futures rise on signs of falling US oil production, weakness in the dollar and tensions in the Middle East, particularly Yemen.

Oil Edges Up As Iran Uncertainty, Yemen Turmoil Support
Monday, April 13, 2015 Crude futures rise, but close well below intraday peaks, as concerns about Iran and turmoil in Yemen support prices.

Oil Rises And Posts Weekly Gain As Iran Tensions Support
Friday, April 10, 2015 Oil prices rose, posting a weekly gain on lift from lowered expectations that an agreement on Iran's nuclear program will result in a rapid return of more Iranian barrels to the market.

Oil Up On Iran, German Data, But Strong Dollar Curbs Rise
Thursday, April 09, 2015 Oil prices rise on strong German economic data and uncertainty about negotiations on Iran's nuclear program.

Oil Dives 6% From 2015 High As Stocks Swell, Saudis Pump
Wednesday, April 08, 2015 Oil prices dives 6% after closing at their highest this year.

Oil Rallies On US Jobs Data, Bullish EIA Monthly Report
Tuesday, April 07, 2015 Oil futures rally, erasing losses on strong jobs data, US government forecasts for lower domestic crude production growth and higher global demand for oil.

Oil Jumps 5% On Tempered Iran View, Slower US Inventory Rise
Monday, April 06, 2015 Oil prices jump more than 5% as traders reassess how quickly Iran might increase exports after a preliminary nuclear deal.

Oil Falls Nearly 4% After Tentative Nuclear Deal For Iran
Thursday, April 02, 2015 Brent oil falls nearly 4% after a preliminary pact between Iran and global powers on Tehran's nuclear program.

Oil Jumps After US Output Drop As Iran Talks Drag
Wednesday, April 01, 2015 Oil jumps as much as 5%, snapping a 3-session losing streak, as US crude output falls for the first time in two months.

Oil Extends Losses On Iran Talks; Brent Ends March Down 12%
Tuesday, March 31, 2015 Oil falls for a third straight session, with Brent crude tumbling 12% for the month.

Oil Down As Iran Races For Tuesday Deadline On Nuclear Deal
Monday, March 30, 2015 Oil settles down for a second straight session as Iran and six world powers try to negotiate a deal on Tehran's nuclear program that could end Western sanctions.


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Brent Crude Oil : $62.06/BBL 2.60%
Light Crude Oil : $57.71/BBL 0.55%
Natural Gas : $2.82/MMBtu 0.00%
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