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  • September 28th, 2012

Crude Oil Set for Quarterly Gain as U.S. Spending Increases

Oil headed for its biggest quarterly gain this year as personal spending in the U.S. rose in line with forecasts, signaling an economic recovery that may boost fuel demand. ›


  • September 21st, 2012

Oil Rises on Central Bank Stimulus Optimism

Oil advanced as optimism that central bank stimulus will revive the global economy pared crude’s biggest weekly decline in more than three months. ›


  • September 14th, 2012

Oil Rises to $100 for First Time Since May After Stimulus

US Light Crude Oil rose to $100 a barrel in New York for the first time since May as the Federal Reserve pledged further economic stimulus, while unrest in the Middle East and North Africa fanned concern that supplies will be threatened. ›


  • September 7th, 2012

Flows to Europe steady ahead of major field maintenance

Norway’s gas exports to Europe were broadly stable on Friday morning ahead of a production halt at its main gas processing plant and its biggest gas field next week. ›


  • August 16th, 2012

Europe gas prices must rise to avoid winter squeeze

European natural gas prices need to rise by $2 per million British thermal units (mmBtu) in order to attract cargoes of liquefied natural gas (LNG) and avoid a winter supply squeeze, Goldman Sachs said on Thursday. ›


  • August 3rd, 2012

US Crude Above $90 as Jobs Report Sparks Rally

U.S. crude futures rose more than $3 on Friday, pushing above $90 a barrel on support from a U.S. July nonfarm payrolls report showing employers added 163,000 jobs, above expectations for an increase of 100,000. ›


  • July 30th, 2012

Brent Rises Toward $107, Stimulus Measures Eyed

Brent crude rose toward $107 per barrel on Monday, stretching gains into a fifth consecutive day on hopes the United States and Europe will this week announce new measures to shore up their fragile economies, boosting the outlook for oil demand. ›


  • July 13th, 2012

Oil Rises Higher as China GDP Hits 3-Year Low

Oil prices rose above $101 on Friday after Chinese GDP data came in slightly better than expected, improving sentiment across the board in commodities, but gains were limited as Chinese power demand remained flat. ›


  • June 25th, 2012

Oil Declines Below $80 for a Third Day on Euro-Zone Debt

Oil fell below $80 a barrel for a third day on concern that a meeting of European Union leaders this week will fail to check the region’s debt crisis, leading to a reduction in fuel demand. ›


  • June 15th, 2012

Global LNG-Asian LNG dips toward $17 on supply increase

Asian liquefied natural gas (LNG) spot prices LNG-AS began to ease toward $17 per million British thermal units (mmBtu) for July cargoes as new supplies came onto the market. ›


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