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Oil Trades Near Six-Year Low Amid Surging U.S. Crude Stockpiles

2015-01-29 19:04:48| Electronics - Topix.net

Futures were little changed in New York after falling 3.9 percent on Wednesday. Crude inventories in the U.S., the world's biggest oil consumer, expanded by 8.87 million barrels to 406.7 million last week, the Energy Information Administration reported.

Tags: low oil trades crude

Oil Drops Below $45; U.S. Stockpiles May Speed Price Collapse

2015-01-13 05:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Oil extended losses to below $45 a barrel amid speculation that U.S. stockpiles will increase, exacerbating a global supply glut that's driven prices to the lowest in more than 5 1/2 years. Futures fell as much as 4.1 percent in New York, declining for a third day. Crude inventories probably gained by 1.5 million barrels last week, a Bloomberg News survey showed before government data tomorrow. The United Arab Emirates, a member of the Organization of Petroleum Exporting Countries, will continue...

Tags: price speed oil collapse

Brent crude oil trades around $51 a barrel amid fall in US crude stockpiles

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

The price of Brent crude oil traded around $51 a barrel on Thursday as US crude stockpiles unexpectedly declined last week.

Tags: us fall oil trades

Russian Cybergang Stockpiles 1.2B Unique Stolen Credentials

2014-08-07 23:14:41| TechNewsWorld

A Russian cybercriminal gang so far has stolen 4.5 billion credentials, of which 1.2 billion appear to be unique, Hold Security has announced. The credentials belong to more than 500 million email addresses. Two reports released Tuesday may help explain why the cybergang was so successful. About 92 percent of the 800 top consumer websites evaluated failed the OTA's 2014 Email Integrity Audit.

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