Us News Oil Prices Hold Gains After U S Crude Inventory Draw Reuters

Oil prices hold gains with Russia-Ukraine tensions; US inventory build in focus

The report showed U.S. crude oil inventories rose by about 405,000 barrels, defying market expectations for a draw. Gasoline and distillate fuel stocks also posted increases, pointing to softer demand ... Read More

Oil prices hold gains as markets focus on supply fears and economic strength

Oil prices stabilized after a strong rally as traders balanced robust U.S. economic data against rising supply risks tied to Venezuela and the war in Ukraine. Read More

Oil settles up over 2% on dented peace hopes in Ukraine, tensions in Yemen

Oil prices settled more than $1 a barrel higher on Monday as Russia accused Ukraine of attacking President Vladimir Putin's residence, while traders braced for potential supply disruptions in the ... Read More

Oil Prices Dip as the EIA Reports a Crude and Fuel Inventory Build

Oil prices edged lower after the EIA reported a modest build in U.S. crude inventories alongside increases in gasoline and distillate stockpiles. Read More

Crude gains as US increases actions against Venezuela

Oil futures settled higher as the U.S. stepped up actions to enforce a blockade of tankers entering or leaving Venezuela, and Ukraine continued strikes on Russia’s oil infrastructure. Read More

U.S. Crude Stocks Post Surprise Build as Gasoline and Distillates Rise

U.S. crude, gasoline, distillate, and Cushing inventories registered broad gains last week even as SPR volumes continued to rise and domestic production slipped slightly. Read More

Oil Prices Set for Largest Weekly Gain in Three Months

Crude oil prices are set for the sharpest weekly gain in three months, rising over $2 per barrel due to intensifying U.S. pressure on Venezuela and a reported U.S. military strike in Nigeria. Read More

US crude, fuel inventories rose in the week ended December 19, EIA says

U.S. crude, gasoline and distillate inventories rose in the week ended December 19, the Energy Information Administration said on Monday. Read More

Oil prices tick higher after large US crude draw; markets watch Fed decision and Ukraine developments

Crude prices inched upward on Wednesday, supported by a sharper-than-expected drop in U.S. oil inventories and investor anticipation of a possible Federal Reserve rate cut, as well as ongoing updates ... Read More

Oil extends gains as US seizes oil tanker near Venezuela

1546 ET – Oil futures extend gains post-market after the U.S. seized an oil tanker off the coast of Venezuela in what’s seen as an escalation of tensions between Washington and Caracas. A Pentagon ... Read More

Oil Prices Edge up After Reports of Possible US Sanctions on Russia, Venezuela Blockade

The Venezuela blockade could affect 600,000 barrels per day of Venezuelan oil exports, mostly to China, but 160,000 bpd of exports to the U.S. would likely continue, ING said. Chevron vessels were ... Read More