Energy News Results

  • Crude oil output, exports at Mexico's Pemex rise in October

    Production and exports of crude oil at Mexican state oil company Petroleos Mexicanos, or Pemex, increased in October, the firm said on Friday. Crude output rose by 9.9 percent from the previous month to 1.902 million barrels per day after suffering a sharp drop in September, according to Pemex data published online.

  • U.S. oil prices end at more than 2-year peak, ahead of OPEC meeting

    By Barbara Kollmeyer and Mark DeCambre, MarketWatch. OPEC's Nov. 30 meeting comes into view; Natural gas futures book steepest weekly fall since February. U.S. oil prices finished at a 2 1/ 2- year high in an abbreviated session on Friday, as investors focused on a disruption to a major crude-oil hub in Oklahoma and looked ahead to a key OPEC meeting next week.

  • Oil Rises to New Two-Year High

    Oil prices rose for the third session in a row Friday, as falling stockpiles and expectations for extended supply cuts boosted optimism in the market. Light, sweet crude for January delivery advanced 93 cents, or 1.6%, to $58.95 a barrel on the New York Mercantile Exchange, trading at the highest level since June 2015. Brent, the global benchmark, gained 31 cents, or 0.5%, to $63.86 a barrel. Prices have rallied this week on data from the U.S.

  • Oil ends at more than 2-year peak on bullish bets ahead of OPEC confab

    U.S. oil prices rose on Friday, settling at a 21/ 2- year high, as investors focused on a disruption to a major crude- oil hub in Oklahoma and looked ahead to a key meeting of the Organization of the Petroleum Exporting Countries next week. West Texas Intermediate crude oil trading on the New York Mercantile Exchange for January delivery finished up 93 cents, or 1.6%, at $58.95 a barrel. For the week, WTI crude oil, the U.S. benchmark, closed with a weekly climb of 1.8%, according to FactSet data.

  • Oil Rises to New Two-Year High

    Oil prices rose for the third session in a row Friday, as falling stockpiles and expectations for extended supply cuts boosted optimism in the market. Light, sweet crude for January delivery advanced 60 cents, or 1%, to $58.62 a barrel on the New York Mercantile Exchange, trading at the highest level since June 2015. Brent, the global benchmark, declined 11 cents, or 0.2%, to$ 63.44 a barrel. Prices have rallied this week on data from the U.S.

  • BULLET: US TSYS/STOCKS: Treasuries continue in a mildly......

    US TSYS/STOCKS: Treasuries continue in a mildly lower range with light two-way flows as many eye the early exit time. Meanwhile in commodities, the natural gas is down 2.26% on the day while sold and silver are both down mildly; but NYMEX crude oil is up 1.10% on the day at $58.67/barrel. - US Tsy/financial futures close 1pm ET Friday at CME, and cash Tsys/US bonds close 2pm ET. - Meanwhile in US stocks, the NYSE stock market closes 1pm ET, and at 1:15pm ET for eligible options.

  • Oil Prices Edge Higher as Investors Await OPEC Meeting

    Oil prices edged higher on Friday in muted trade due to the Thanksgiving holiday, as falls in inventory and disrupted supply to the U.S. supported prices. Brent crude, the global oil benchmark, rose 0.13% to $63.63 a barrel on London's ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.95% at $58.56 a barrel.

  • *U.S. crude prices up 56 cents, or 1%, to $58.58 a barrel

    (END) Dow Jones Newswires 11-24-17 0251 ET Copyright (c) 2017 Dow Jones& Company, Inc..

  • U.S. crude tops two-year high as Keystone outage hits supply

    * Canada to U.S. pipeline shut after Nov. 16 oil spill. * Expectations of OPEC extension to oil curbs support prices. * Mixed Russian signals on oil pact put brake on gains. * Market thin after U.S. Thanksgiving holiday. By Catherine Ngai.

  • Nymex Oil Futures Rising Amid North America Supply Snag

    --Nymex oil futures rose in Asian trading Friday as the spread narrows further between the U.S. and global crude benchmarks. --January light, sweet crude on the New York Mercantile Exchange was recently 0.7% above Wednesday's settlement at$ 58.44 a barrel in the Globex training session. Brent fell 0.2% from Thursday's settlement to $63.34.

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