Oil prices extend losses on oversupply, US demand concerns

Oil prices fell on Friday, adding to big declines in the previous session, as concerns about the possible softening of U.S. demand and broad oversupply offset worries about supply disruption from ... Read More

Oil gains weighed down by US demand worries

Oil prices rose on Friday after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about U.S. demand. Read More

Oil prices ease on oversupply and weaker US demand

Oil prices held steady on Thursday as worries over softening U.S. demand and broad oversupply risks were offset by concerns over attacks in the Middle East and the Russian war in Ukraine. Brent crude ... Read More

Oil prices slide 2% on worries about global oversupply, US demand

Oil prices slid on Thursday, settling about 2% lower as concerns over possible softening of U.S. demand and broad oversupply offset threats to output from the conflict in the Middle East and the war ... Read More

Oil prices fall nearly 1% on oversupply and weaker US demand

Oil prices fell on Thursday, pressured by concerns over softening U.S. demand and broad oversupply that offset threats to output from conflict in the Middle East and the Russian war in Ukraine. Brent ... Read More

Oil Prices Gain as U.S. Stockpiles Drop Sharply

Oil extended its upward momentum in Asian markets on Thursday, lifted by a larger-than-expected decline in U.S. crude inventories, while traders monitored potential diplomatic developments between ... Read More

Oil Prices Scale Back As Attention Shifts To US Demand Softness

Benchmark Brent crude prices edged lower 0.2% to $67.37 per barrel, while U.S. West Texas Intermediate prices fell 17 cents to $63.50 per barrel at 3.56 a.m. ET. Read More

Oil Prices Tick Up On Strong US Consumption Data; Traders Eye Ukraine Talks, Jackson Hole Conference

Oil prices gained in Asia trading on Thursday after a large drawdown of crude oil inventories in the U.S. raised optimism around fuel demand in the world’s largest economy. Benchmark Brent crude ... Read More

Oil prices slide 2% on oversupply, weaker US demand

Oil prices slid about 2% on Thursday on concerns over softening U.S. demand and broad oversupply that offset threats to output from the conflict in the Middle East and the war in Ukraine. Brent crude ... Read More