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LOS ANGELES, April 17 (Reuters) – Brent crude oil fell on Thursday after the United States, Russia, Ukraine and the European Union joined to call for an end to the violence in Ukraine, taking some risk premium out of the market, while U.S. oil rose on positive economic data. The joint statement from the four [...]

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By Moming Zhou | Apr 17, 2014 | Bloomberg West Texas Intermediate crude rose to trade above $104 for a fifth day as a report showed fewer Americans than forecast filed applications for unemployment benefits last week. Prices climbed as much as 1 percent. Jobless claims reached 304,000, the Labor Department reported, below the 315,000 [...]

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By Mark Shenk  | Apr 16, 2014 | Bloomberg Futures rose 0.2 percent in London. Ukraine accused Russia of fueling terrorism in its eastern regions as a move against separatists in the town of Kramatorsk stalled and NATO bolstered the defense of nearby nations. U.S. supplies increased 10 million barrels last week, according to Energy Information [...]

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By Timothy Puko | Wall Street Journal NEW YORK–Natural-gas futures eased Wednesday as traders awaited more data to gauge how quickly producers can replenish stockpiles that are at an 11-year low. Natural gas for May delivery fell 1 cent, or 0.2%, to $4.557 a million British thermal units on the New York Mercantile Exchange. The [...]

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By Moming Zhou | Bloomberg Brent crude dropped from a five-week high as Libya’s National Oil Corp. prepared to resume exports from its Hariga terminal. West Texas Intermediate slipped below $104 on U.S. inventory forecasts. Brent’s premium to WTI shrank. A tanker will arrive at the port in eastern Libya today to load 1 million [...]

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By Christian Berthelsen | The Wall Street Journal Crude-oil prices fell Tuesday on concerns that Chinese energy demand could wane following recent data and as diplomatic talks about Ukraine eased worries about possible supply disruptions. Light, sweet crude for May delivery was down 12 cents, or 0.1%, to $103.93 a barrel on the New York [...]

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By Steve LeVine | Quartz Oil prices have fallen again today thanks in part to a deal this week between Libya’s government and a separatist-minded militia that allowed a key oil terminal to reopen. But there is the potential for an even sloshier market—and lower prices—starting later this month with the largest US exports of crude and oil products in [...]

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By Elizabeth Dilts | Reuters NEW YORK, April 11 (Reuters) – U.S. crude oil rose on Friday, lifted by a positive consumer confidence report that indicated strength in the U.S. economy, while Brent was pulled higher by traders covering short positions before the weekend in case ties with Russia worsened. The International Energy Agency had [...]

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By John Kell | WSJ NEW YORK–Natural-gas futures climbed to a four-week high as traders focused on forecasts calling for another late-season cold snap and fretted about a potentially disappointing storage report due Thursday. Natural gas for May delivery settled up 5.2 cents, or 1.2%, at $4.5860 a million British thermal units, the highest since [...]

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Crude Steady Ahead Of Supply Data

On April 9, 2014 - 10:25 AM By

Michael Calia | Wall Street Journal Updated April 9, 2014 9:45 a.m. ET NEW YORK–Oil futures were nearly flat Wednesday, as observers waited for U.S. weekly crude oil supplies data a day after government analysts scaled back their production outlook for the year. Light, sweet crude for May delivery was down 6 cents, or 0.1%, [...]

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By Moming Zhou | Bloomberg | Apr 9, 2014 8:44 AM MT West Texas Intermediate crude slipped after the Energy Information Administration reported that U.S. supplies surged five times as much as analysts forecast. Futures were little changed in New York. Inventories increased 4.03 million barrels, the EIA, the Energy Department’s statistical arm, said. Analysts [...]

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iNVEZZ.com: Tuesday, April 8th: Crude oil West Texas Intermediate (WTI) and Brent have risen today on renewed tensions over Ukraine as pro-Russia activists declare independence in Donetsk. The increased tensions have raised concerns about oil supplies from Russia – the world’s biggest energy producer. WTI has also increased on speculation of declining US gasoline inventories. [...]

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