Bloomberg reported that West Texas Intermediate crude gained as US stocks surged after data showed factory orders in the US exceeded forecast, signaling positive economic growth and higher fuel demand.
Articles Tagged "new york mercantile exchange"
West Texas Intermediate crude rose to the highest level in almost a month as policy makers indicated flexibility on the application of a new bank tax in Cyprus.
Bloomberg reported that West Texas Intermediate oil has traded near highest since the first of March and is headed for a second advance in 2 weeks. The Organization of Petroleum Exporting Countries (OPEC) will also increase shipments by 300,000 barrels/day, which totals 23.75 million barrels daily.
Bloomberg reported that West Texas Intermediate oil shrunk its discount to Brent to lowest level in 7 weeks as it traded near the highest level since the beginning of March.
Bloomberg reported that crude options volatility fell at 18.22% as futures advanced for the fourth straight day.
Bloomberg reported that West Texas Intermediate futures rose to 0.5% in New York to one-week high as OPEC raised its demand forecast.
Bloomberg reported that crude oil options volatility rose above 21% for the first time since January 16th, as oil futures fell the highest in two months.
Bloomberg reported that crude oil options have sunk the most since May 2 at 21.66% as of 3:40PM on the New York Mercantile Exchange amid a better-than-expected U.S. jobs report.
Bloomberg reported that crude drops from a three-month high as 372,000 Americans filed for jobless claims last week.
Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.