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

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

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

Oil extends gains as US seizes oil tanker near Venezuela

Oil futures extended 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. Read More

EIA Reports Modest U.S. Crude Draw after API Surprise

Crude oil inventories in the United States decreased by 1.3 million barrels during the week ending December 12, after losing 1.8 million barrels in the week prior ... Read More

World shares gain, while oil prices jump as Trump orders a blockade of oil tankers to Venezuela

Shares have advanced in Europe and Asia as strong buying of technology shares helped lift some benchmarks, while the price of U.S. crude briefly surged more than 2% after President Donald Trump ... Read More

Oil prices edge down on US inventory build, OPEC forecast shift

(Reuters) -Oil prices edged lower on Thursday, extending losses from the previous session, after a report showing rising crude inventories in the U.S. reinforced concerns that the global supply is ... Read More

Crude Oil Futures Gain as OPEC+ Extends Output Cuts

Crude oil futures are rising Monday after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday extended their output cuts by one month. Read More

Oil edges up amid broader market rally, falling U.S. crude stockpiles

LONDON (Reuters) -Oil prices edged up on Thursday after falling in the previous session, boosted by a bigger-than-expected draw in U.S. crude stockpiles and a general risk-asset market rally. Brent ... Read More

Oil edges higher on inventory draw and equities rally

LONDON (Reuters) -Oil prices edged up on Thursday after falling in the previous session, boosted by a bigger than expected draw in U.S. crude stockpiles and a broader equities rally. Brent crude ... Read More

Oil prices hold modest gains — '$30s pump drop still possible', experts say

Global oil prices held modest gains today, 4 December, after increasing 0.4% in the previous session. Investors remain cautious amid escalating US-Venezuela tensions and uncertainty over Ukraine ... Read More