News Topics: Commodity Prices

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Oil Crashes 8% As Greek Vote, Iran Talks Set Off Exodus
Monday, July 06, 2015 Oil prices suffer their biggest selloff in 5 months, falling as much as 8 percent.

Oil Flat As US Rig Count Rise Cools Gains, Gasoline Jumps
Thursday, July 02, 2015 Crude oil prices end little changed as the first weekly gain in the US rig count this year pared earlier gains.

WTI-Brent Spread Hits 3-Wk High After Surprise US Oil Stock Build
Wednesday, July 01, 2015 US crude oil futures' discount to Brent, one of the biggest plays in oil, widened to more than $5 a barrel for the first time in 3 weeks.

Oil Bounces Off 3-Week Lows As Greek Debt Default Looms
Tuesday, June 30, 2015 Oil prices end higher as it rebounds from 3-week lows with US refined fuel trading leading the rally on bets for strong summer demand.

Oil Hits 3-Week Lows As Greek Crisis Worsens; Eyes On Iran
Monday, June 29, 2015 Crude futures hit 3-week lows as Greece shut its banks and imposes capital controls, causing widespread risk aversion.

Oil Near Flat, Brent Up Modestly After Two-Day Drop
Friday, June 26, 2015 Crude futures ended little changed after signs Greece might have a deal by the weekend to avoid a debt default.

Crude Down Again On Oil Products Weakness; Greece, Iran eyed
Thursday, June 25, 2015 Crude oil falls for a second straight day, weighed by weaker US refined fuels markets and potential negative impact from Greece's debt crisis on European energy demand.

Oil Slides After Big US Gasoline Build Offsets Crude Draw
Wednesday, June 24, 2015 Crude oil futures settle down more than 1% after a government report showing an eighth straight weekly drop in US crude stockpiles was offset by a large build in refined products.

Crude Up About 2% As US Oil Products Jump; Eyes On Iran
Tuesday, June 23, 2015 Crude futures rally around 2%, latching onto a rebound in oil products ahead of US inventory data expected to show strong demand for gasoline.

Oil Up As US Crude Contract Expires; Eyes On Gasoline, Greece
Monday, June 22, 2015 Oil reverses losses to end slightly higher as short-covering ahead of the expiry of the front-month contract in US crude lifted a burdened market.

Oil Down 2% On Greek Worries, Weaker Products Markets
Friday, June 19, 2015 Crude oil falls about 2%, the first decline after three days of gains, as worries over the Greek fiscal crisis, weaker oil products prices and pre-weekend profit taking undercut the market.

Oil Up Third Day On Dollar Slump, US Crude Draw Data
Thursday, June 18, 2015 Oil prices settle up for a third straight day, boosted by a slipping dollar.

Brent Edges Up, US Crude Off Low As Fed Weakens Dollar
Wednesday, June 17, 2015 Brent crude edges up and US crude eases in volatile trading as both contracts trim losses after the Federal Reserve left the outlook for interest rate increases uncertain.

US Crude Oil Up As Tropical Storm Goes Ashore In Texas
Tuesday, June 16, 2015 US crude prices rise as a tropical storm moves ashore in the oil-producing state of Texas.

Oil Slips On Greece Concerns As July Brent Expires
Monday, June 15, 2015 Oil prices fall in volatile trading as the Greek debt crisis raises concerns about demand for petroleum in Europe.

Oil Down 2nd Day, Weekly Gain Cut On Saudi Output Worry
Friday, June 12, 2015 Oil slides for a second day, giving back more of the week's gains as investors took profits on worries that higher Saudi Arabia output would feed the global supply glut.

Oil Slips, Rally Cut Short By Dollar And Greek Worry
Thursday, June 11, 2015 Crude oil prices fall as players take profits from the past two days of gains.

Oil Jumps After US Stockpile Draw; Gasoline At 7-Month High
Wednesday, June 10, 2015 Oil rallies for a second straight day, with US crude nearing a one-month high and gasoline hitting its highest price since November.

Oil Up More Than 3% In Broad Rally Ahead Of Stockpile Data
Tuesday, June 09, 2015 Prices for crude oil, gasoline and diesel jump more than 3%, as bullish investors ramp up bets across the oil complex for another weekly drop in US stockpiles.

Oil Falls as China Cuts Crude Imports; OPEC Decision Weighs
Monday, June 08, 2015 Oil falls by 1 percent or more on a slump in Chinese demand and worries that OPEC's decision to pump crude without restraint could prolong the current supply glut, although a weaker dollar limits losses.

Oil Up 2% After Early Swing on Dollar, OPEC Move
Friday, June 05, 2015 Oil stages its first rally in three days, gaining 2 percent, despite warnings of more oversupply as a result of OPEC's decision to keep pumping crude without restraint.

Iraqi Oil Minister Expects Prices, Demand to Rise
Friday, June 05, 2015 Iraqi Oil Minister Adel Abdel Mahdi expects demand to rise and sees oil prices heading to $75 per barrel by the end of 2015.

Conoco CEO sees Return to $40s Unlikely, Demand Growth Doubling
Thursday, June 04, 2015 ConocoPhillips Chief Executive Ryan Lance believes that the oil price is unlikely to go down to $40 and claims that demand is rising.

Oil Tumbles Again Before OPEC; Worry Over Spiking European Yields
Thursday, June 04, 2015 Crude prices tumble almost 3% for a second day ahead of an OPEC decision.

Russia sees Oil Price at $60-70 in Next 3 Years
Wednesday, June 03, 2015 Russia's energy minister expects oil prices to fluctuate between $60 and $70 per barrel in the next three years.

Oil Down 3% Despite US Stockpile Drop; Pre-OPEC Mood Glum
Wednesday, June 03, 2015 Oil falls nearly 3% as traders and investors ignore a fifth straight weekly decline in US crude stockpiles.

Oil Up On Dollar Drop; Poll Calls For US Stocks Decline
Tuesday, June 02, 2015 Oil prices rise, driven by a weak dollar and expectations that US crude supplies could have fallen last week for a fifth straight week.

Oil Drops On High OPEC Output, Firmer Dollar
Monday, June 01, 2015 Oil settles down as much as %, retreating from Friday's sharp rally on a strong dollar and concern over stubbornly high supplies.

Oil Leaps As Dollar Rally Stalls, US Rigs Fall
Friday, May 29, 2015 Crude oil prices jump almost 5%, their biggest rally in six weeks, setting off a renewed rush of bullish bets.

Oil Ends Higher As US Inventories Drop For 4th Week
Thursday, May 28, 2015 Oil prices rise in choppy trade, snapping two days of sharp losses, after data shows a fourth weekly drawdown in US crude stocks.

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.


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Brent Crude Oil : $62.07/BBL 0.09%
Light Crude Oil : $56.93/BBL 0.05%
Natural Gas : $2.82/MMBtu 1.43%
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