Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Energy Prices Down After Inventory News

MARKETSCOPE : Energy prices fell on Wednesday after news about inventories.

December West Texas Intermediate crude oil fell 10 cents to $59.75, December heating oil fell 2.21 cents to 178.29 cents, and December gasoline futures fell 3.45 cents to 156.91 cents.

The Department of Energy said builds in crude and gasoline in the week ended Oct. 28 are in line with expectations, but they add to the cushion against potential later shortfalls. The distillate draw was less than expected and four-week average demand was 5.2% less than a year ago.

PetroLogistics says Organization of Petroleum Exporting Countries crude oil production averaged 30.3 million barrels per day during October, or about the same as in September. The output from Iran was seen higher, offsetting a slight decline in Iraqi production.

December natural gas fell 26 cents to $11.60.

blog comments powered by Disqus