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distillate fuel inventories and a decision by the Federal Reserve Bank not to raise interest rates. "Crude oil spent most ..... Market Committee [the policy-making arm of the Federal Reserve ] meeting," said Olivier Jakob, managing director
concerns about results from the 2-day meeting of the Federal Open Market Committee, the policy-making arm of the Federal Reserve Bank , which concludes Aug. 1. The SIG Oil Exploration & Production Index was down 1.4%, and the Oil Service Index
New York market as the dollar strengthened and the Federal Open Market Committee, the policy-making arm of the Federal Reserve Bank , reported financial recovery is still too slow and reiterated its bond-buying plan to stimulate the economy. However
York market as the US dollar declined after the Federal Open Market Committee, the policy-making arm of the Federal Reserve Bank , again said it will keep the federal funds rate near zero for an extended period. “Despite another major debt
Sam Fletcher Senior Writer HOUSTON, Mar. 19 -- Energy prices rebounded Mar. 18 moments after the Federal Reserve Bank again cut its short-term interest rates, this time by three-quarters of a percentage point to 2.25%. The
front-month crude down 0.6% in the New York futures market May 21 as the US dollar rallied in expectation the Federal Reserve Bank would maintain current efforts to stimulate the national economy. Indeed, Fed Chairman Ben Bernanke told Congress
forecasts for warmer weather for most of the country. The equity market was more cautious on growing concern the Federal Reserve Bank will soon began to wind down its bond-purchase program aimed at stimulating the economy. The SIG Oil Exploration
bombshell came after market close on [May 10], when The Wall Street Journal published an article detailing the Federal Reserve Bank 's exit strategy from its $85 billion/month bond-buying program,” said analysts in the Houston office
said analysts in the Houston office of Raymond James & Associates Inc. “That may be too aggressive, but the Federal Reserve Bank tapering the pace of its bond-purchase program by the end of this year now certainly seems a less likely outcome
equity market that anticipated the European Central Bank will reduce interest rates at its May 2 meeting while the Federal Reserve Bank won’t raise its rates. “Domestic rates remain at rock bottom in the US, which means the Fed has less flexibility