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  • LONDON, July 24- Brent crude dipped below $108 a barrel on Thursday as unseasonably weak demand from European refiners and plentiful supplies offset strong Chinese factory data. Brent for September delivery was down 31 cents at $107.72 a barrel by 0909 GMT, after closing 70 cents higher on Wednesday.

  • Social Security's $300M IT project doesn't work Thursday, 24 Jul 2014 | 3:06 AM ET

    WASHINGTON— After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can't get it to work. Six years ago, Social Security embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims.

  • SINGAPORE, July 24- Brent crude held steady above $108 a barrel on Thursday as a surprisingly strong reading on Chinese manufacturing bolstered hopes for higher demand in the world's No.2 oil consumer. Brent crude for September delivery traded up 8 cents at $108.11 a barrel by 0539 GMT, after closing 70 cents higher on Wednesday.

  • SINGAPORE, July 24- Brent crude was steady above $108 a barrel on Thursday, holding on to the previous day's gains, after a surprisingly strong reading on Chinese manufacturing bolstered hopes for higher demand in the world's second-biggest oil consumer.

  • SINGAPORE, July 24- U.S. crude was little changed near $103 a barrel in early Asian trading on Thursday, holding on to previous day gains due to a higher-than-expected decline in crude inventories. Geopolitical tensions in Eastern Europe and the Middle East helped underpin oil prices, but had yet to cause disruptions to well-supplied global crude markets.

  • Social Security spent $300M on 'IT boondoggle' Wednesday, 23 Jul 2014 | 4:45 PM ET

    WASHINGTON— Six years ago the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims. In 2008, Social Security said the project was about two to three years from completion.

  • *U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23- Crude oil futures rose on Wednesday, as oil stockpiles in the United States fell more than expected and geopolitical tensions in Eastern Europe and the Middle East persisted.

  • NEW YORK, July 23- The U.S. Department of Transportation on Wednesday proposed new safety rules for hauling crude oil by rail after a string of explosive accidents, in a move that could impact railroads, drillers, refiners and railcar makers amid an energy boom.

  • *U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23 (Reuters)- Oil futures rose on Wednesday, with U.S. crude outpacing Brent, after oil stockpiles in the United States fell more than expected. Brent crude for September delivery was up 9 cents at $107.42 a barrel at 12:59 p.m. EDT ( 1659 GMT), after slipping 35 cents in the previous session.

  • LONDON, July 23- Brent crude oil rose towards $108 a barrel on Wednesday as threats to supplies from oil-producing regions and a drop in U.S. oil stocks overshadowed a stronger dollar. The U.S. Energy Information Administration said U.S. crude stocks fell by 4 million barrels last week, more than expected, while gasoline and distillate stocks rose.

  • The European Union threatened Russia with harsher sanctions on Tuesday after the downing of the Malaysian airliner in Ukraine, straining the EU's relationship with the world's second-largest oil exporter.

  • The European Union threatened Russia with harsher sanctions on Tuesday after the downing of the Malaysian airliner in Ukraine, straining the EU's relationship with the world's second-largest oil exporter.

  • The European Union threatened Russia with harsher sanctions on Tuesday after the downing of the Malaysian airliner in Ukraine, straining the EU's relationship with the world's second-largest oil exporter.

  • CALGARY, Alberta, July 22- Canada's largest pipeline company Enbridge Inc may build a 140,000 barrel per day unit train unloading terminal in Pontiac, Illinois, to relieve congestion on its crude oil export network.

  • UPDATE 8-Oil slips as supplies flow despite conflicts Tuesday, 22 Jul 2014 | 4:09 PM ET

    NEW YORK, July 22- Brent and U.S. crude settled lower after a choppy trading session on Tuesday as oil supplies remained unaffected by continuing violence in Iraq, Ukraine and Gaza. The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner.

  • NEW YORK, July 22- Brent and U.S. crude edged lower in choppy trading on Tuesday as oil supplies remained unaffected by continuing violence in Iraq, Ukraine and Gaza.

  • NEW YORK, July 22 (Reuters)- Brent crude oil futures edged higher in choppy trading on Tuesday, as traders searched for direction amidst political tensions in Ukraine and Gaza, and U.S. prices were supported by expectations of a drop in national stockpiles.

  • *Fighting in Ukraine, Gaza adds to oil risk premium. LONDON, July 22- Brent crude steadied around $108 a barrel on Tuesday, supported by expectations of large draws in U.S. oil stockpiles and escalating geopolitical tension over Ukraine causing European foreign ministers to consider further sanctions on Russia.

  • *Fighting in Ukraine, Gaza adds to oil risk premium. SINGAPORE, July 22- Brent crude edged up towards $108 a barrel on Tuesday, pushed higher by escalating geopolitical tension over Ukraine and expectations of large draws in U.S. oil stockpiles.

  • *Fighting in Ukraine, Gaza adds to oil risk premium. "There is a lot of tough talk going on at the moment and the potential is there for further sanctions on Russia, which would have an impact across energy markets," said Ben Le Brun, a market analyst at Sydney- based trader OptionsXpress.