Off the wire
U.S. dollar gains against euro amid upbeat job data  • 1st LD: Pentagon says Russia "contradictory" in position on Syria crisis  • S. Africa should focus more on trade with China: expert  • U.S. private sector adds 200,000 jobs in September  • 1st LD Writethru: U.S. stocks post solid gains with global shares  • Kerry warns of "grave concerns" about Russia's intention in Syria  • Pakistan sees rise, spread of terrorism in Middle East as "unprecedented security challenges"  • AU strongly condemns attack on UNAMID peacekeepers in Darfur, Sudan  • Palestinians celebrate hoisting their flag at UN  • Swedish PM calls for action to create low-carbon world economy  
You are here:   Home

Oil prices fluctuate amid mixed data

Xinhua, October 1, 2015 Adjust font size:

Oil prices wavered Wednesday as U.S. crude data came in mixed.

U.S. crude production lost 40,000 barrels to 9.096 million barrels a day last week, according to the weekly report issued by the Energy Information Administration (EIA) Wednesday.

U.S. crude supplies of last week unexpected gained 3.9 million barrels to 457.9 million barrels, 96 million barrels more than one year before.

Inventories at Cushing, Oklahoma, the delivery point for the U.S. contract, lost 1 million barrels to 53 million barrels.

The EIA projected in an early report that U.S. crude oil production averages 9.2 million barrels per day in 2015 and 8.8 million barrels per day in 2016.

The West Texas Intermediate for November delivery moved down 14 cents to settle at 45.09 dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery increased 14 cents to close at 48.37 dollars a barrel on the London ICE Future Exchange. Enditem