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Brent crude price rises as Germany boosts oil demand outlook

2015-04-10 01:00:00| Offshore Technology

Brent crude has risen, backed by strong economic data from Germany and lifted the outlook for oil demand.

Tags: price germany oil demand

 

Dow Jones Industrial Average Ends See-Saw Session Higher After Fed; Crude Dives

2015-04-09 02:38:55| Footwear - Topix.net

Trading on the Dow Jones Industrial Average was choppy, but ultimately resolved to the upside following the release of the Federal Open Market Committee meeting minutes. The minutes revealed that central bank officials are split over the timing of an interest-rate hike -- though language suggested "several" are targeting a June deadline, and increases in core price inflation and wage inflation are not necessarily prerequisites to liftoff.

Tags: average industrial higher session

 
 

Brent futures extend losses over increase in US crude oil inventories

2015-04-09 01:00:00| Offshore Technology

Brent and US crude futures saw further loss by more than $2 on Wednesday, after data from the country's Energy Information Administration highlighted an increase in national crude oil inventories by nearly 11 million barrels last week.

Tags: increase oil extend losses

 

Brent crude futures witness gains over surge in US job openings

2015-04-08 01:00:00| Offshore Technology

Brent crude futures saw gains on Tuesday following a report by the US Labor Department that highlighted a jump in US job openings in February.

Tags: job gains witness openings

 

Railroad companies, MDE renew spat over disclosing crude oil shipments

2015-04-07 04:43:26| Railroads - Topix.net

Details about shipments of crude oil are trade secrets protected from disclosure under the Maryland Public Information Act, two national railroad companies have argued in an attempt to prevent a state agency from releasing the information. Norfolk Southern Corp. and CSX Transportation Inc. each filed a lawsuit against the Maryland Department of the Environment last summer as the department was preparing to disclose the information at the request of McClatchy Newspapers and the Associated Press.

Tags: companies oil renew railroad

 

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