Prices

Oil

Oil gains to near $96 as investors eye US economy

The price of oil rose to near $96 a barrel on Friday ahead of the release of Conference Board's index of leading indicators for the U.S. economy.

Oil

Wyden calls on DOJ to join oil price manipulation probe

Source: 
Reuters
Senate Energy and Natural Resources Chairman Ron Wyden, D-Ore., asked the Justice Department to join the European Union's probe of possible oil price manipulation, Reuters reports.
Oil

Oil falls to near $95 on choppy growth outlook

BANGKOK (AP) — The price of oil fell to near $95 per barrel Friday after new signs of a choppy economic recovery in the U.S.

Oil

Oil reverses early losses, tops $95 a barrel

NEW YORK (AP) — Oil followed a familiar pattern Thursday, moving higher despite some less-than-stellar economic reports.

Oil

US consumer prices fall 0.4 pct. on cheaper gas

WASHINGTON (AP) — A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, prices were largely unchanged.

CFTC adopts weakened rule on derivatives trading

WASHINGTON (AP) — A rule intended to loosen the largest U.S. banks' control over the trading of complex investments and help safeguard the financial system was weakened Thursday by regulators.

Oil

Energy traders stick with Platts amid EU probe

Source: 
Bloomberg
A poll of energy traders and analysts found most said Platts remains the best determiner of oil prices despite a European Union investigation into three companies over alleged price fixing, Bloomberg reports.
Oil

Oil falls below $94 a barrel after supplies rise

BANGKOK (AP) — The price of oil fell below $94 a barrel Thursday after a survey showed crude inventories on the increase.

Oil

Oil back above $94 a barrel after early loss

NEW YORK (AP) — The price of oil rose back above $94 Wednesday after dropping earlier on disappointing economic reports from Europe and the U.S.

Oil

Weak German growth drags oil below $94

 

BANGKOK (AP) — The price of fell below $94 on Wednesday after Germany, Europe's largest economy, reported anemic growth for the first quarter.


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