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737 words • advanced • 2 years, 10 months ago
business
"Reuters/Kim Kyung HoonBack in 2008, I wrote an article called Hoarding in Plain Sight,making the argument that the tightness in oil supplies was crucially augmented by the decision of the Bush Administration to double the amount of oil secreted in th..."
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209 words • advanced • 2 years, 8 months ago
business
"Oil futures slid on Thursday, resuming a recent selloff as worries over a global supply glut continued to weigh on the market. Crude oil for May CLK6, -1.25%   slid 54 cents, or 1.4%, to $37.78 a barrel, while Brent for the same month LCOK6, -0.41%..."
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121 words • advanced • 2 years, 10 months ago
oilgas
"Crude oil prices were lower Friday morning as traders considered government data showing another record build in US stockpiles. Meanwhile, hopes are fading for a deal between Iran and Saudi Arabia to limit production in an effort to prevent a furthe..."
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134 words • intermediate • 3 years, 3 months ago
sales
"WASHINGTON (AP) — U.S. businesses boosted their stockpiles by a tiny amount in July while sales also showed a slight gain.The Commerce Department says business inventories increased 0.1 percent in July compared to June when stockpiles were up 0.7 per..."
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323 words • advanced • 2 years, 11 months ago
business
"[NEW YORK] Oil prices sank Wednesday after an unexpected rise in US commercial crude stockpiles reinforced worries about the prolonged global oversupply. US benchmark West Texas Intermediate (WTI) for February delivery tumbled US$1.27, or 3.4 per ce..."
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366 words • advanced • 3 years, 6 months ago
""But we have also been clear, we remain steadfast in our determination to take any steps necessary to prevent Iran from obtaining nuclear weapons. That is not just important to Israel's security but America's security." He rejected reports that Iran'..."
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311 words • advanced • 2 years, 9 months ago
business
"Amid low oil prices, the Liquefied Petroleum Gas Marketers’ Association (LPGMA) has supported the Department of Energy’s plan to stockpile ready-to-use fuel products and secure some of the country’s future requirements. “Considering the hist..."

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418 words • advanced • 2 years, 8 months ago
business
"US oil falls after big jump in stockpiles By Reuters | Mar 24, 2016, 12.18 PM IST TOKYO: US oil prices fell in Asian trading on Thursday, adding to a slump in the previous session, after stockpiles rose for the sixth week to another record, sapping..."
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405 words • advanced • 2 years, 11 months ago
business
"China must lower corn prices to stop the imports of corn substitutes, including barley, sorghum and distillers' grain, a senior agricultural official said on Saturday, as the country is faced with a mounting stockpile of corn. Chen Xiwen, deputy dir..."
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214 words • advanced • 2 years, 9 months ago
oilgas
"(Newser) – Approximately 800,000 barrels of oil went missing every day in 2015, and that could be bad news for anyone hoping to see a rise in global oil prices any time soon, the Wall Street Journal reports. It's the highest level of missing oil in..."

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203 words • advanced • 3 years, 1 month ago
business
"NEW YORK (Reuters) - Oil was $2 a barrel higher on Wednesday after the U.S. government reported a crude inventory build squarely within market expectations, extending gains after an earlier rally triggered by what the market described as a big algori..."
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212 words • advanced • 2 years, 2 months ago
business
"[SYDNEY] Oil rose for a second day after declines in US fuel supplies offset the first nationwide oil stockpile gain since August. Futures rose as much as 0.7 per cent in New York after climbing 0.5 per cent Thursday. Crude stockpiles rose 4.85 mill..."
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108 words • advanced • 2 years, 11 months ago
business
"Agriculture imports may not be so good for China in the new year. CoBank's Knowledge Exchange Division says in a new report, China has a multiyear high supply of commodities. The report blames China's subsidization of its agricultural sector, which..."

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101 words • intermediate • 2 years, 6 months ago
business
"A global glut of oil could take up to 18 months to decline, holding prices down until as late as 2018 and placing further pressure on Britain’s North Sea oil industry, BP warned yesterday. Spencer Dale, chief economist at BP, estimated that two ye..."
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344 words • advanced • 3 years, 7 months ago
"Wednesday, 13 May 2015 10:03 Posted by Parvez Jabri SINGAPORE: Oil prices extended gains in Asia Wednesday on a weaker dollar and amid expectations the latest US crude-oil inventories report will show a decline, easing a global supply glut, analysts..."
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477 words • advanced • 3 years ago
business
"Corn, Beans Rise as Farmers Sock Crops AwayCorn and soybeans rose overnight on speculation that growers are storing more of the commodities on farms until prices improve, limiting the amount of available supply.U.S. growers have the capacity to store..."
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194 words • advanced • 3 years, 2 months ago
business
"As Asian stocks recovered from Tuesday's rout, oil prices remain under pressure because demand growth continues to fall behind crude supply, analysts said. U.S. benchmark West Texas Intermediate (WTI) for November delivery fell 28 cents to US$44.95 ..."
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298 words • advanced • 3 years, 6 months ago
"NEW YORK: Global oil prices rebounded sharply Wednesday after a mixed US oil inventories report left traders focusing on its positive elements for demand: falling gasoline and distillates stockpiles. New York's benchmark West Texas Intermediate for ..."
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315 words • advanced • 3 years, 3 months ago
business
"Analysts expect US crude oil inventories to expand for a third week, and news that the Opec cartel has slashed its demand growth forecast for next year are keeping a lid on any price rally.– Reuters pic, September 15, 2015. Oil was mixed in Asia to..."
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301 words • advanced • 3 years, 3 months ago
business
"Wednesday, 09 September 2015 10:07 Posted by Parvez Jabri SINGAPORE: Oil prices edged higher in quiet Asian trade Wednesday as dealers set aside weak Chinese trade data and looked ahead to the release of a US stockpiles report, analysts said. US be..."
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