Oil prices rise on geopolitical tensions, but U.S. supply gains limit rally

Oil prices climbed over $1 a barrel on Wednesday amid escalating global tensions, though rising U.S. inventories tempered the gains. Brent crude (CO1:COM) settled at $67.49, up $1.10 (1.7%), while U.S ... Read More

Oil Rises Following Second Straight U.S. Crude Weekly Draw

1609 GMT – Oil prices rise in evening trade after U.S. crude inventories fell for a second consecutive week. Brent crude is up 0.5% to $67.04 a barrel, while WTI gains 0.8% to $63.74 a barrel. Crude ... Read More

U.S. crude oil rises about 3% as rig count falls, OPEC+ increases output at steady rate

U.S. crude oil futures rose about 3% on Monday after OPEC+ increased production at a steady rate, easing investor fears that the group might boost output even faster. Stream Los Angeles News for free, ... Read More

Oil Gains As U.S. Stocks Draw, India Tariffs Take Effect

1523 ET – Oil futures recover part of the previous day’s losses, helped by a second straight weekly draw in U.S. crude oil inventories and geopolitical risk. Additional U.S. tariffs on Indian goods ... Read More

US crude stocks, fuel inventories fall as demand rises, EIA says

Crude inventories fell by 2.4 million barrels, exceeding expectations Distillate stockpiles fell by 1.8 million barrels, versus an expected rise Oil futures rose after EIA report release Refinery ... Read More

Oil prices ease on surprise build in US crude stockpiles, OPEC+ to consider output hike

Oil prices eased about 1% to a two-week low on Thursday on a surprise build in U.S. crude inventories last week and expectations that OPEC+ producers will increase output targets at a meeting this ... Read More