Fri Jun 12, 2009
NEW YORK, June 12 (Reuters) - U.S. crude oil futures ended lower on Friday as the dollar's rebound directed investment flow away from commodities, at least for the moment, and as traders took pre-weekend profits, snapping a three-day rally.
OIL FUTURES: Crude Settles -64c At $72.04/Bbl
By Madalina Iacob
NEW YORK (Dow Jones)--Crude oil futures seesawed on Friday around $72 a barrel as the dollar strengthened amid continued worries about the global economy, especially in the eurozone.
Oil, Gasoline, Fall on Record European Industrial Output Drop
By Mark Shenk
June 12 (Bloomberg) -- Crude oil and gasoline fell for the first time in four days as a record plunge in European industrial production prompted speculation that bets on an economic recovery are premature.
U.S. product stocks will cap oil market gains: John Kemp
By John Kemp
Friday June 12 2009
LONDON, June 12 (Reuters) - Crude oil prices have doubled since the start of February, with the front-month light sweet crude futures contract on NYMEX up from a Feb. 12 low of $33 to close above $72 on Thursday. But the rally appears increasingly frothy. While the crude market looks firmer, stocks and prices for refined products tell a very different story.
Crude oil costs sending gas prices up
Drivers may feel a little less confident the economy is turning around each time they pull up to the pump
Gas prices rise for 45th straight day
by Associated Press
Saturday, June 13, 2009
NEW YORK — Gas prices rose Friday for the 45th consecutive day as summer travelers hit the highways and refineries hold back on fuel production.
Video: Global Demand For Crude Oil - Bloomberg
OIL FUTURES: Crude Settles -64c At $72.04/Bbl
By Madalina Iacob
NEW YORK (Dow Jones)--Crude oil futures seesawed on Friday around $72 a barrel as the dollar strengthened amid continued worries about the global economy, especially in the eurozone.
Oil, Gasoline, Fall on Record European Industrial Output Drop
By Mark Shenk
June 12 (Bloomberg) -- Crude oil and gasoline fell for the first time in four days as a record plunge in European industrial production prompted speculation that bets on an economic recovery are premature.
U.S. product stocks will cap oil market gains: John Kemp
By John Kemp
Friday June 12 2009
LONDON, June 12 (Reuters) - Crude oil prices have doubled since the start of February, with the front-month light sweet crude futures contract on NYMEX up from a Feb. 12 low of $33 to close above $72 on Thursday. But the rally appears increasingly frothy. While the crude market looks firmer, stocks and prices for refined products tell a very different story.
Crude oil costs sending gas prices up
Drivers may feel a little less confident the economy is turning around each time they pull up to the pump
Gas prices rise for 45th straight day
by Associated Press
Saturday, June 13, 2009
NEW YORK — Gas prices rose Friday for the 45th consecutive day as summer travelers hit the highways and refineries hold back on fuel production.
Video: Global Demand For Crude Oil - Bloomberg
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