NEW YORK, May 22- Brent crude oil dropped to $103 per barrel on Wednesday after data showing an unexpected jump in U.S. gasoline stockpiles sparked worries that summer demand in the world's top oil consumer might be weaker than expected.
NEW YORK-- The nation's crude oil supplies shrank last week, the government said Wednesday. Crude supplies declined by 300,000 barrels, or 0.1 percent, to 394.6 million barrels, which is 3.1 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.
LONDON, May 22- Brent crude oil dropped towards $103 per barrel on Wednesday after data showing a surprise jump in U.S. gasoline stockpiles sparked worries that summer demand in the world's top oil consumer could be weaker than expected.
LONDON, May 22- Brent crude oil dropped towards $103 per barrel on Wednesday after data showing a surprise jump in U.S. gasoline stockpiles sparked worries that summer demand in the world's top oil consumer could be weaker than expected.
CHENNAI, India, May 22- Brent futures dropped further below $104 per barrel on Wednesday, as data showing a surprise jump in U.S. gasoline stockpiles and worries that peak summer demand in the world's top oil consumer may falter dragged down prices.
CHENNAI, India, May 22- Brent futures pulled further below $104 per barrel on Wednesday on concerns that peak summer demand in the world's top oil consumer may falter after data showing a stronger-than-expected rise in U.S. oil stockpiles.
PERTH, May 22- U.S. crude futures prices fell below $96 a barrel on Wednesday after an unexpected increase in U.S. gasoline stockpiles ahead of the summer driving season in the world's largest oil consumer. July oil futures contract fell 44 cents to $95.74 a barrel by 0028 GMT.
NEW YORK, May 21- Crude prices fell on Tuesday, led lower by a sharp drop in U.S. gasoline futures as traders bet the market would be well supplied this summer, and as an industry report showed rising fuel stockpiles in the world's largest oil consumer.
NEW YORK, May 21- Crude oil futures ended lower on Tuesday, falling early as the dollar strengthened, then paring losses as the greenback weakened after a Federal Reserve official said he did not believe the U.S. central bank should pull back on its quantitative easing program.
NEW YORK/ LONDON, May 21- Brent crude oil futures fell below $104 per barrel on Tuesday in New York, as investors worried that the U.S. Operations were unaffected at the U.S. crude futures hub in Cushing, Oklahoma, about 77 miles northeast of Moore, after a vicious tornado ripped through the area.
LONDON, May 21- Brent oil futures fell towards $104 per barrel on Tuesday on concerns that the U.S. Investors are focussing on the release of minutes of the Fed's last meeting and testimony by Fed Chairman Ben Bernanke to Congress, both scheduled for Wednesday.
*Fresh conflict in Syria supports prices. CHENNAI, India, May 21- Brent crude futures steadied near a two-week high on Tuesday, holding around $105 per barrel as rising Middle East tensions offset concerns about moderating demand growth to keep prices in a tight range.