News // Поиск по тегу 'oil prices'

Oil prices may reach $100 a barrel by 2015, Adam Sieminski, chief energy economist at Deutsche Bank, said today at a conference in Houston. Natural-gas prices might reach $6 per million British thermal units in that timeframe, he said

Oil traded near the lowest in nine days as European debt concerns drove the dollar higher, outweighing gains driven by speculation Asia’s recovery is stoking fuel demand

Oil declined from a two-year high in New York as Asian equities dropped and a strengthening dollar curbed investor demand for commodities

Oil prices tumbled in Asian trade today on profit-taking ahead of a key report expected to show that the US rebound from recession is losing pace.

Oil was steady around $77 on Thursday after falling in the past two sessions on weak durable good data and the biggest weekly increase in crude inventories for nearly two years in the United States.

Oil fell for a second day on Wednesday towards $77 after an unexpected increase in U.S. crude stockpiles and a drop in U.S. consumer confidence deepened doubts about recovery in energy demand.

Oil nudged up to just above $79 on Monday, supported by improved risk appetite and expectations that a forecast severe Atlantic hurricane season could bring further disruptions to oil and gas operations in the U.S. Gulf of Mexico.

Crude prices slipped from an 11-week high to stay near $79 on Friday, as uncertainty about European bank stress tests and U.S. oil demand tempered a boost from positive corporate results and storm threats.

Oil prices extended losses to more than a dollar Wednesday after Federal Reserve Chairman Ben Bernanke in prepared remarks before a U.S. Senate panel said the economic outlook was "unusually uncertain," and that the Fed remained prepared to take further action as needed.

Oil rose more than 1 percent Tuesday, up a second day as U.S. stocks bounced higher from early lows.

U.S. crude oil futures rose for the first time in four sessions on Monday, advancing with Wall Street on some robust quarterly earnings but tempered by a report that home building sentiment fell to its lowest in more than a year.

Oil prices rose nearly 3 percent Tuesday to a two-week high above $77 per barrel as better-than-expected corporate earnings boosted confidence about the economy and lifted markets.

Oil fell to stay below $75 on Tuesday as forecasts for a seventh straight weekly gain in distillate fuel inventories at top consumer the United States tempered expectations of a drop in crude stockpiles.

U.S. crude oil futures held above $76 a barrel on Monday as China's bigger-than-expected trade surplus in June eased worries about a slowdown for the global economic recovery and oil demand.

Oil was headed for a five-percent weekly gain, the biggest since May, after government statistics showed robust U.S. demand growth and falling inventories, while positive economic indicators lifted sentiment across markets.

Oil jumped to a one-week high around $75 on Thursday after earnings euphoria injected positive sentiment into Asian equities, reinforcing overnight gains triggered by an industry report showing U.S. crude inventories plunged last week.

Crude prices fell below $72 on Wednesday on a slightly stronger U.S. dollar, reversing earlier gains of as much as 0.6 percent boosted by forecasts of a second weekly fall in U.S. inventories.

Oil extended losses on Tuesday to four-week lows near $71, down as much as 1.5 percent from Friday's close, after a raft of negative economic indicators over the past week undermined confidence about growth in energy use.

U.S. crude prices on Monday rebounded from their lowest in more than three weeks, staying above $72 as the market assessed the implications of a slowing global economic recovery on energy demand.

Oil prices rebounded on Friday from three-week lows, but were still far from reversing the biggest one-day drop in almost a month a day earlier, after a spate of weak manufacturing data reflected slower global economic growth.