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Oil Settles at 5-Month High, Gains Capped by Jump in US Crude Stocks
NEW YORK (Reuters) -Oil prices settled at ... it said in a note. Oil's gains were capped after the U.S. Energy Information Administration reported U.S. crude stocks increased by 3.2 million ... Read More
Oil prices extend gains after industry data shows fall in U.S. crude inventories
Oil futures rose Wednesday morning, extending gains after industry data showing a drop in U.S. crude inventories added to supply worries. Crude closed Tuesday at its highest since late October ... Read More
Crude Prices Retreat on Ample US Crude Supplies
WTI crude oil (CLK24) on Wednesday closed down -2.67 (-3.13%), and May RBOB gasoline (RBK24) closed down -9.36 (-3.32%). Crude and gasoline prices Wednesday sold off sharply, with crude falling to a 3 ... Read More
Oil prices jump, U.S. stock futures sink on reports of explosions heard in Iran
Crude oil prices jumped and U.S. stock futures sank Thursday night following reports of explosions in a city in western Iran, amid fears of a wider ... Read More
Crude Oil News Today: Global Conflicts, US Rig Count Decline Underpinning Prices
Crude oil’s gains ... price movements if supply concerns outweigh the impact of a stronger U.S. dollar. The early strength on Monday suggests the uptrend may be ready to resume after a three ... Read More
Oil Prices Gain 2% on Tightening Supply
U.S. benchmark crude ... a draw in gasoline inventories, helping to support oil prices. That data, released on Wednesday, put downward pressure on oil prices initially. However, after some time ... Read More
Oil prices end lower, with weekly U.S. crude supply up over 3 million barrels
Oil futures declined on Wednesday but settled off the session’s lows after official U.S. data revealed a weekly increase in commercial crude inventories that was smaller than what was reported ... Read More
Crude Oil Gains on the Outlook for OPEC+ to Maintain Production Cuts
May WTI crude oil (CLK24) this morning is up +1.42 (+1.46%), and May RBOB gasoline (RBK24) is up +1.92 (+0.71%). Crude oil and gasoline prices ... Wednesday's EIA report showed that (1) US crude ... Read More
U.S. crude oil drops by most since January as supplies rise more than expected
Crude oil futures fell for a third straight session Wednesday, with prices dropping to their lowest in three weeks, as another increase in U.S ... China's industrial output in March improved 4.5% Y/Y, ... Read More
Oil Prices Under Pressure As U.S. Crude Oil Inventories Climb
Crude oil inventories in the United States rose this week by 9.337 million barrels for the week ending March 22, according to The American Petroleum Institute (API). The API reported a 1.519 ... Read More
Crude Oil News Today: Gains Capped by Profit-Taking as Dollar Strengthens
The rising U.S. dollar is a significant factor influencing oil prices on Wednesday ... this bullish trend. Light crude oil futures are inching lower on Tuesday after testing their highest level ... Read More
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