...second month. The main reason: The daily flow of imported crude oil reached a 17-year low.The trade gap shows how much...2.8 percent. Petroleum imports fell 4.4 percent. Crude oil imports averaged 7 million barrels a day, the fewest...
...rose 21.77 points to 3,328.79, up 0.7 percent. The dollar fell against the yen and the euro, and the price of crude oil fell $1 to $93.46 a barrel. Gold edged up $4.70 to $1,472.10 an ounce.The yield on the 10-year Treasury note...
...prices brought down energy and mining companies.Signs of a slowing economy rattled commodity markets. The price of crude oil dropped 2 percent to $91 a barrel as weak U.S. economic reports followed forecasts for weaker oil demand.Gold plunged...
...day last year ? a record increase. By 2020, the nation is forecast to overtake Saudi Arabia as the world's largest crude oil producer. At the same time, U.S. gasoline demand has fallen to 8.7 million barrels a day, its lowest level since...
...time of year.The culprits: Rising crude oil prices, slowing output at refineries...higher on the East Coast.And rising crude oil prices have pushed prices higher...the Oil Price Information Service.Crude oil has risen 14 percent since mid-December...
...enormous amounts of electric power and generate steam to cook crude oil into gasoline, diesel, jet fuel and heating oil. If...come down if refineries can soon get up and running. Crude oil prices fell Wednesday and wholesale gasoline prices fell...
...Tuesday that Amer ican exports ranging from Gulf of Mexico crude oil to Mid wes tern grain to natural gas from fracking shale...addition, he said, the expanded canal will make U.S. crude oil more competitive on the world market and make natural...
...IBM and Coca-Cola Bottling Co. have complained that the stronger dollar has hurt revenue, Lien noted.The price of crude oil fell to a three-month low, another sign that investors expect a weak economy. The yield on the benchmark 10-year U.S...
...11.13 points to 1,428.39, while the Nasdaq composite index gained 12.27 points to 3,011.93.The price of crude oil jumped $3 to $88.71 in New York as reports suggested that Superstorm Sandy caused a drop in gasoline supplies. That...
...Service. That's nearly 26 cents less than a month ago.In the morning, the Energy Department said that the nation's crude oil supplies fell by 100,000 barrels to 387.2 million barrels, which is 7.7 percent above year-ago levels. Gasoline...