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Tag Archives: IEA

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Oil falls below $115 on IEA weaker oil demand view

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Oil prices push higher as Fed stimulus supports

By Robert Gibbons NEW YORK (Reuters) – Oil prices rose on Friday but settled below four-month highs hit in the session as concerns that high energy costs could threaten economic growth tempered hopes for stronger demand after the Federal...
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Oil pares gains after U.S. oil stockpiles rise

* U.S. crude stocks build by nearly 2 million barrels * German court approves legality of euro zone fund * Fed stimulus hopes also support oil prices * Killing of U.S. ambassador to Libya highlights political risks (Updates throughout) By Simon...
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Brent up on German ruling, but EIA data curbs rise

* German court affirms legality of euro zone fund * U.S. crude stocks rose nearly 2 mln bbls last week-EIA * Fed stimulus hopes support oil prices * Coming up: U.S. jobless claims 8:30 a.m. EDT Thursday (Adds analyst comment, volume data, paragraphs...
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Oil gains on euro zone bailout, Fed hopes

* German court approves legality of euro zone fund * Brent reaches $116 per barrel, heads for highest close in over a month * Fed stimulus hopes also support oil prices * Coming up: U.S. EIA data at 1430 GMT (Recasts with German court decision,...
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Oil falls on economic concerns, weak U.S. data

* Weak U.S. factory gauges for August pressure oil * U.S. Gulf of Mexico oil ops restarting after Isaac * Coming up: API oil data 4:30 p.m. EDT Wednesday By Robert Gibbons NEW YORK, Sept 4 (Reuters) – Oil prices fell on Tuesday as concerns...
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Brent drops toward $112, Isaac may spare energy assets

* U.S. crude stocks rose unexpectedly last week -API * U.S. consumer confidence slips; eyes on Fed’s Jackson Hole meeting * IEA chief voices strong opposition to oil reserves release * Coming Up: EIA crude inventory data By Ramya Venugopal SINGAPORE,...
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Oil rises as Hurricane Isaac threatens U.S. Gulf Coast

* Isaac reaches hurricane strength, targets Louisiana * White House says reserves release still an option * G7 Finance Ministers say will ensure supply * IEA chief says high prices do not justify reserves release * Coming up: EIA oil data 10:30...
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Oil drops on reserves release report, storm limits loss

* IEA may release oil reserves – Petroleum Economist * Tropical Storm Isaac targets Gulf of Mexico * IAEA says differences remain after talks with Iran * Coming up: API oil data 4:30 p.m. Tuesday (Adds volume, CFTC data paragraphs 16-17) By...
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Brent crude gains as US oil release meets resistance

* IEA, Japan, South Korea question need to release reserves * North Sea supply shortfall may ease after maintenance ends * Winter demand, low product inventories to support prices By Ramya Venugopal SINGAPORE, Aug 20 (Reuters) – Brent...
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