Oil Prices Slip Following Fed Rate Cut and Mixed U.S. Inventory Reports

Oil prices softened in Asian trading on Thursday, retreating after earlier climbs to two-week highs as markets reacted to the Federal Reserve’s interest rate cut and mixed signals from U.S. crude ... Read More

Oil Prices Hold Steady After Earlier Gains Amid Global Tensions

Oil prices held steady in Asian markets on Thursday following strong gains earlier in the week, driven by escalating geopolitical tensions in Russia and the Middle East, which raised concerns over ... Read More

Oil prices drift lower as soft U.S. fuel demand offsets persistent supply concerns

Crude oil futures added to losses as traders shifted focus from rate-cut enthusiasm to demand concerns, worried about the U.S. economic outlook a day after the Federal Reserve reduced interest rates ... Read More

Crude Prices Slip as the Dollar Strengthens and Oil Supplies Remain Ample

October WTI crude oil (CLV25) on Thursday closed down -0.48 (-0.75%), and October RBOB gasoline (RBV25) closed down -0.0173 (-0.85%). Crude oil and gasoline prices settled lower on Thursday as the ... Read More

Crude Oil Prices Ease After Strong Gains: Traders Now Await US Inventory Data

Oil prices slipped on Tuesday after a strong start to the week that came on the back of supply fears triggered by an escalation of attacks on energy infrastructure in Russia. Benchmark Brent crude ... Read More

Oil prices settle lower, US economic concerns outweigh Fed rate cut

Oil prices eased on Thursday, settling lower as traders remained worried about the U.S. economic outlook a day after the U.S. Federal Reserve cut interest rates for the first time this year. Read More

Oil Prices Steady, Supported by Unexpected Fall in U.S. Crude Inventories

Oil prices were steady in the early Asian trade, supported by an unexpected fall in U.S. crude inventories last week. Read More

U.S. crude supplies tallied a more than 9 million-barrel weekly decline. Here’s why oil prices fell anyway.

Oil traders looked past expectations for an interest-rate cut by the Federal Reserve on Wednesday, pulling U.S. benchmark prices for crude down for the first time in four sessions, even as [the Energy ... Read More

Oil Futures Hold Gains Ahead of U.S. Inventory Data

Crude futures were adding to gains of the previous two sessions with geopolitical risk countering underlying concerns of a surplus as OPEC+ increases planned output. 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