Oil News

Economies.com provides you with the latest news and fundamental analysis about Oil. Through this page you may read about all the economic and political events around the world affecting the Crude Oil Prices.
Oil price - Last update: 2024-05-24 23:55PM UTC
77.760
Global oil prices rose over 1.5% in American trade on Thursday, on track for the first profit in four days following strong European, UK, and US manufacturing data.    Such data ...
US crude stocks climb unexpectedly
2024-05-22 15:40PM UTC
The Energy Information Administration reported a buildup of 1.8 million barrels in US crude stocks last week to 458.8 million barrels, while analysts expected a drop of 2.4 million ...
Global oil prices skidded in American trade on Wednesday to three-month lows, sharpening losses for the second straight session on grim outlook for global demand, after the International Energy ...
Oil prices rose in American trade on Thursday on track for the second profit in a row away from two-month lows after US crude stocks marked a steep drawdown.    China’s crude ...
The Energy Information Administration reported a drop of 1.4 million barrels in US crude stocks last week to 459.5 million barrels, while analysts expected a 1 million barrels drop.   Gasoline ...
Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected US inventory buildup this week.   Baker Hughes data also showed the US oil rig count fell by 7 ...
Global oil prices rose in European trade on Thursday for the first time in five sessions away from seven-week lows amid short-covering.   Current gains remain limited amid concerns about US ...
Oil prices fell in American trade on Tuesday, extending losses for the third straight session, with US crude plumbing a week low, while Brent shed five-week lows as the dollar gained ...
Oil prices rose in European trade on Friday, extending gains for the second straight session, with US crude scaling a one-week high, on track for weekly gains following a surprise US inventory ...
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude stocks last week.   US crude stocks fell 6.4 million barrels last week to 453.6 million ...