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United States Crude Oil News is an EIN News Service for energy industry professionals. Constantly updated news and information about United States Energy.
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  • Oil lower in Asia trade on profit-taking 26 Nov 2009 05:13 GMT
    ... overnight rally on the back of positive United States data and a weak dollar, analysts said. ... dollar, analysts said. New York's main contract, light sweet crude for January delivery, fell 50 cents to $77.76 a ...

  • Oil Gains as Dollar Falls, Inventories Rise Less than Expected 26 Nov 2009 06:15 GMT
    ... 11/25/2009 by Moming Zhou & Polya Lesova-MarketWatch.com Crude oil rose Wednesday, as a weaker dollar boosted dollar-denominated commodities ... $5.16 per million British thermal units. The United States Oil Fund gained 2.5%, and the United ...

  • Shareholders overwhelmingly endorse split of EnCana into two distinct and independent companies ' Cenovus Energy 26 Nov 2009 00:25 GMT
    ... of EnCana’s Canadian enhanced oil assets and United States refinery interests, underpinned by a well-established natural ... other major operating divisions, Canadian Foothills and USA, will form a pure-play natural gas growth company, aimed ... difficulties in manufacturing, transporting or refining synthetic crude oil; risks associated with technology and the application ...

  • Oil demand to outpace supply in 2010 26 Nov 2009 00:55 GMT
    ... including Iraq assessed around 28.9 million bpd, crude oil inventories could fall by almost 150 million barrels next ... showed on Monday. Inside the OECD, the United States is seen posting a small recovery in ...

  • Magnum Hunter Resources Corporation Announces Closing of $150 Million Senior Revolving Credit Facili 26 Nov 2009 05:51 GMT
    ... base redetermination derived from the Company's proved crude oil and natural gas reserves. The initial borrowing base has been ... of oil and natural gas in the United States. The Company is presently active in three ...

  • Crunch Time for the Banking Cartel 26 Nov 2009 00:59 GMT
    ... - “Just over a year ago, the United States underwent a seemingly radical change, seemingly overnight. ... of Gold and Silver (and Equities and Crude Oil) prices? The Consequences of either result (continued Cartel Control, or ...

  • Red Alert: The Second Wave of The Financial Tsunami 26 Nov 2009 02:55 GMT
    ... The financial architects at Goldman Sachs had a master ... world trade is denominated in dollars especially crude oil, the lifeline of the global economy. But ... they want to sell to the mighty USA, they must accept US toilet paper reserve currency and ...

  • The Pilgrims, Famine, and the End of Feudalism 26 Nov 2009 06:39 GMT
    ... "Now the welcome time of harvest approached, in which all ... His public service is finding and producing crude oil and natural gas from privately owned lands in the USA. ...

  • German politicians, media warn about the next global financial crisis 26 Nov 2009 06:16 GMT
    ... German politicians, media warn about the next global ... 60 percent since March. The prices of crude oil, copper and other raw materials have also ... powerful individuals on Wall Street and in Washington are no less closely interlinked than Prime ...

  • Crude prices sink to $76 per barrel 26 Nov 2009 04:36 GMT
    ... Oil prices fell to around $76 a barrel ... $4.486 per 1,000 cubic feet. In London, Brent crude dropped $1 to settle at $76.46 on ... in Lisbon, Portugal, and Jeannine Aversa in Washington contributed to this report. Copyright 2009 The ...

  • Crude Oil Drops Below $76 as Weaker US Growth May Cut Demand 25 Nov 2009 06:16 GMT
    ... Nov. 25 (Bloomberg) -- Oil was little changed ... In the medium, long term we’re supported.” Crude oil for January delivery traded at $76.21 a ... 20 is due at 10:30 a.m. in Washington. Analysts were split over whether supplies of ...

  • Oil mixed in Asia 25 Nov 2009 09:11 GMT
    ... mixed in Asian trade on Wednesday as traders continued to digest slower-than-expected third quarter United States growth data, analysts said. New York's main contract, light sweet crude for January delivery, fell seven cents to $75.95 (R564) a barrel. Brent North Sea crude for ...

  • Oil prices sink on lower US GDP data 25 Nov 2009 00:43 GMT
    ... Oil prices sank Tuesday after the United States said the world's largest economy grew more ... about energy demand. New York's main contract, light sweet crude for January delivery, dropped $1.54 to close ... inventory reports should show an increase in crude oil totals and utilization remains historically low as a ...

  • Oil prices firm before US energy report 25 Nov 2009 22:33 GMT
    ... report after slower-than-expected economic growth in the United States, the world's biggest energy consuming nation. New ... energy consuming nation. New York's main contract, light sweet crude for January delivery, added just one cent ... November 20. Market expectations are that American crude oil stockpiles grew by 1.5 million barrels last week, ...

  • Stocks up after a drop in weekly jobless claims 25 Nov 2009 23:11 GMT
    ... Stocks up after a drop in weekly jobless claims City ... Market industry news provided by Financial News USA. By Tim Paradis and Ieva M. Augstums Stocks climbed Wednesday following ...


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