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Brent crude rises above $99 on US data, eyes ECB

US crude stocks fall 1.765 mln bbls last week-API; US services sector data also supports; Two US Fed officials cool to more monetary easing

June 6, 2012 12:03
 
4.1.1

Oil down, ECB move on Greece drags after U.S. data

Oil prices drop with equities, euro's slump on Greece worries; U.S. EIA crude stock build smaller than API report; Coming up: U.S. weekly jobless claims, Thursday

May 17, 2012 12:29
 
Brent rises above $122; ECB loan may spur buying

Brent rises above $122; ECB loan may spur buying

Brent crude rose above $122 on Wednesday, snapping two days of losses, in line with gains across broader financial markets on expectations that cheap loans from the European Central Bank will spur buying of riskier assets.

February 29, 2012 1:47