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Crude Futures Fall for Second Day on U.S. Supplies, Dollar.

Authors :
Rascouet, Angelina
Zhou, Moming
Source :
Bloomberg.com; 11/5/2015, pN.PAG-N.PAG, 1p
Publication Year :
2015

Abstract

Saudi Arabia raises oil prices for Asia; cuts prices for U.S. Saudi Arabia nudged pricing higher for December sales of all its crude grades to Asia, where refiners that buy its oil are earning bigger profits. Despite the ample U.S. inventories, supply constraints will push up oil prices, according to Andy Hall, who runs the $2.6 billion Astenbeck Capital Management hedge fund. [Extracted from the article]

Subjects

Subjects :
DOLLAR
AUTUMN

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
140723878