...making up some ground after prices plunged $2.86 per barrel on Monday. "A little bounce is not unexpected," said Andrew Lebow, senior vice president at Man Financial Inc. in New York. "But I think the mentality is still bearish." Oil markets...
...cent to $1.24545 a gallon, coming off of an earlier low at $1.42. "It's been a real roller coaster," said Andrew Lebow, senior vice president at brokerage Man Financial Inc., in New York. Energy futures fell immediately after the government...
...producers and refiners are well off their highs. "It does seem that demand is not as robust as previously thought," said Andrew Lebow, senior vice president at Man Financial Inc. in New York. Moreover, the commercial supply of crude oil in the United...
...the next two months, with fewer drivers on the road and the winter heating season still to come, MF Global analyst Andrew Lebow said.In other Nymex trading in October contracts, heating oil rose 1.70 cents to settle at $2.0743 a gallon...
...percent, on Wednesday. U.S. crude oil inventories grew by 900,000 barrels last week to 293.3 million barrels. Andrew Lebow, senior vice president at Man Financial Inc. in New York, said that while the nation's supply of heating oil remains...
...winter. "A lot of people believe this week could be the last real bullish number that you see for heating oil," said Andrew Lebow, senior vice president at Man Financial, a New York-based brokerage. "We probably will begin rebuilding inventories...
...opening of a new front in global terrorism. "On one isolated attack you can't say we're entering a new era," said Andrew Lebow, an energy broker for Man Financial Inc., a New York brokerage firm. "I think people may be covering short positions...