Market Comments
Oil futures: Crude caps week-long selloff with 2.6% decline
Crude oil futures capped an aggressive week-long selloff with 2.6% decline to an eight-week low, aided by further strength in the dollar.
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Oil futures: Oil prices fall as supply climbs
Oil futures settled at their lowest level in two weeks Wednesday after a report showed U.S. oil supplies rose more than expected last week, confirming doubts that demand is keeping up with supply.
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U.S. gas: Futures fall for third day on mild weather view
Natural gas futures slid for a third-consecutive session Wednesday as traders bet that mild weather in the coming weeks will curb demand for the heating and power-plant fuel.
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Oil futures: Nymex crude slightly higher as gasoline rises
Crude futures were slightly higher Thursday, held by the competing issues of rising gasoline prices and weaker economic data.
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Oil futures: Crude settles +55c at $112.76/B on oil data, fed
Crude oil futures prices settled higher Wednesday spurred by a sharp decline in gasoline inventories and by expectations that Federal Reserve policy will keep the dollar weak.
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Oil futures: Crude inches up ahead of oil data, FOMC meeting
Crude oil futures prices were slightly higher Wednesday, awaiting direction from U.S. oil inventory data and the outcome of Federal Reserve's policy board meeting.
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Retail gasoline and diesel prices both move higher
The U.S. average retail price of regular gasoline advanced eight-tenths of a cent versus last week to $3.14 per gallon, $0.53 per gallon higher than last year at this time.
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