Oil category
Oil news is information in oil drilling and exploration, price, market, trade, data, chart from company and industry in petroleum and oil production. In the category oil you can find news about future and current oil prices, investing, oil mining, market and trading, oil prices prediction and history of oil prices, also oil company, petroleum industry that has been exploration on their oil field or project.
Oil Futures Prices Decline two weeks, U.S. Supplies Gained 3.9 million Barrels
Thursday, April 19th, 2012Oil futures were little changed after declining the most in two weeks yesterday. U.S. supplies gained 3.9 million barrels last week, Energy Department data showed. The median forecast in a Bloomberg News survey of analysts was for an increase of 1.8 million barrels. Prices also dropped after Iraq’s deputy prime minister for energy said the [...]
Tags:2012 oil trader, brent oil june 2012, oil futures prices, us oil stockpile, us oil supply
Oil prices Climb, Crude Oil for May delivery Rose 68 cents
Friday, March 30th, 2012Oil prices climbed after US consumer sentiment and spending gained and Euro area agreed to boost rescue funds. Oil futures prices increase 0.9 % and crude oil for May delivery rose 68 cents or about 0.7 %, to USD 103.46 per barrel on NYME. Brent oil for May settlement gained 81 cents, or 0.7 percent, [...]
Tags:brent oil, crude oil prices, NYME trading oil, oil consumers 2012, oil index, oil prices
US Domestic Oil Production will lower gasoline prices
Thursday, March 29th, 2012US oil industry recently laid out a set of proposals it believes will instantly lower gasoline prices. The proposals call for more domestic oil production, fewer environmental regulations, and for not raising taxes on the industry. They’re basically what the Republican presidential candidates are calling for. But analysts say those ideas will do little to [...]