Prices

Oil

Oil slips to $102 as US crude supplies seen rising

The price of oil fell 2 percent to settle just above $102 a barrel Tuesday as investors weighed expectations of rising U.S. crude stockpiles against tensions in Ukraine.

U.S. crude for May delivery dipped $2.24 a barrel to settle at $102.13 in electronic trading on the New York Mercantile Exchange. On Monday, oil added 7 cents to close at $104.37.

Brent crude, an international benchmark for oil, eased 68 cents to $109.27 on the ICE Futures exchange in London.

Oil

Oil slips on expectation of supply increase

Source: 
Bloomberg

WTI for May delivery dropped 45 cents to $103.92 a barrel in electronic trading on the Nymex Tuesday, while in London Brent crude was 35 cents lower to $109.60, Bloomberg reports.

Oil

Gasoline prices increasing as US refiners exports grow

Source: 
The Wall Street Journal

U.S. refineries are selling more of their gasoline abroad, which has shrunk domestic stockpiles and increased prices, The Wall Street Journal reports.

Oil

Oil remains above $104 as traders watch Ukraine

Source: 
Reuters

U.S. crude futures gained sharply after the Conference Board reported a March gain in the index of leading economic indicators but settled back to close up 7 cents at $104.37 a barrel on the Nymex, while in London Brent crude gained 42 cents to $109.95, Reuters reports.

Oil

Oil stays above $104 amid Ukraine jitters

BEIJING (AP) — The price of oil edged down Monday but stayed above $104 per barrel as investors watched simmering tensions in Ukraine.

U.S. crude for May delivery was down 12 cents at $104.18 in electronic trading on the New York Mercantile Exchange after trading resumed following a three-day holiday weekend. The contract rose 44 cents to $104.30 in the previous session.

Brent crude, an international benchmark for oil, was down 38 cents at $109.15 on the ICE Futures exchange in London.

Oil

Oil tops $104 on Ukraine fears

NEW YORK (AP) — The price of oil rose past $104 per barrel Thursday on worries over the upheaval in Ukraine.

Benchmark U.S. crude for May delivery rose 54 cents to close at $104.30 a barrel in New York.

Brent crude, an international benchmark used to price oil used by many U.S. refineries, was down 7 cents to close at $109.53 a barrel for June delivery in London.

Oil

US benchmark crude back over $104 on Ukraine concerns, demand expectations

Source: 
Reuters

Anticipating an increase in oil demand from the latest U.S. and Chinese data, as well as continued concerns over the Ukraine crisis, benchmark crude for May delivery gained 45 cents to $104.21 in electronic trading on Nymex, while in London Brent crude was up 7 cents to $109.67 in Thursday morning trading, Reuters reports.

Oil

WTI steady on higher inventories but Brent up on Ukraine worries

Source: 
Bloomberg

Benchmark West Texas Intermediate crude gained 1 cent to settle at $103.76 a barrel on the Nymex after the Energy Information Administration reported a hike in U.S. inventories last week, while in London Brent rose 24 cents to close at $109.60 a barrel, the highest level in six weeks, according to Bloomberg.

Oil

Oil jumps on renewed Ukraine concerns

Source: 
Reuters

With rhetoric growing more heated ahead of Ukraine talks set for Thursday, oil prices were back on the rise. WTI increased 88 cents Wednesday in electronic trading on the Nymex to $104.63 a barrel, while in London Brent crude hit $110 a barrel midmorning local time, Reuters reports.

Oil

WTI below $104 on predictions of supply increase

Source: 
Bloomberg

West Texas Intermediate dipped Tuesday on predictions that U.S. inventories increased last week, with the contract for May delivery closing down 30 cents to $103.75 a barrel on the Nymex. In London, Brent fell 33 cents on the final day of the May contract, to $108.74, Bloomberg reports.

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