The Energy Information Administration reported a drop of 1.5 million barrels in US crude stocks last week to 447 million barrels, while analysts expected no change.
US gasoline stocks fell ...
Global oil prices rose over 1% in European trade on Wednesday after a surprise drop in US crude stocks last week according to initial data, with the official numbers released later today from the ...
Global oil prices rose in European trade on Tuesday for the second session off two-week lows as investors await global demand estimates from three major energy agencies.
Traders also ...
Oil prices lost ground on Friday, giving up earlier gains as markets continue to assess Fed Chair Jerome Powell’s Congressional testimony this week and its impact on monetary policy, growth, ...
Global oil prices fell in European trade for the first time in three days on profit-taking off four-month highs.
The losses are curtailed by hopes of improving fuel demand in the US and ...
The Energy Information Administration reported a buildup of of 1.4 million barrels in US crude stocks last week to a total of 448.5 million barrels, while analysts expected a build of 2.4 million ...
Global oil prices rose 2% in American trade on Wednesday, resuming gains and approaching four-month highs as the dollar lost ground ahead of the Federal Reserve’s testimony.
Now ...
Global oil prices fell in American trade on Tuesday, extending losses for the second straight session away from four-month highs on profit-taking.
The losses came ahead of initial US ...
Oil prices advanced on Friday as investors await OPEC+ decisions on supplies, expected to extend voluntary production cuts for the second quarter of the year.
Reuters sources indeed ...
Global oil prices rose in European trade on Friday on track for the second straight session, with US crude scaling four-month highs, and on track for the third weekly profit in a month on speculation ...