Tag: crude inventories
Oil Rises on Inventory Drop as Equity Markets Rally
Oil prices inched higher on Thursday after dropping in the previous session. The market was supported by a larger-than-expected decline in U.S. crude inventories...
Oil Inches Higher as Oversupply Concerns Cap Gains
Oil prices moved slightly higher on Thursday, recovering part of the previous session’s losses. The rebound came after U.S. data showed a larger-than-expected draw...
Oil Slips on Oversupply Fears, but Sanctions Slow the Drop
Oil prices slipped on Wednesday after an industry report showed a rise in U.S. crude inventories, reinforcing market concerns about oversupply. However, the decline...
Oil Prices Slip on Oversupply Fears, U.S. Demand Cushions Drop
Oil Prices Slip 1% on Oversupply Fears, Strong U.S. Demand Limits Decline
Oil prices fell by 1% on Wednesday, pressured by growing concerns of a...
Oil Prices Pause as OPEC+ Output Rises and U.S. Shutdown Looms
Oil prices steady after sharp losses as OPEC+ output hike and U.S. shutdown weigh
Oil prices stabilized on Wednesday after two straight days of declines,...
Oil prices rise further after U.S. crude inventories decline
Oil prices climbed for a second straight day on Wednesday after an industry report showed U.S. crude inventories declined last week. The data added...
Oil Prices Ease but Stay Close to One-Month Peak on US...
Oil prices slipped slightly in Asian trading on Wednesday but stayed close to a one-month high. The market remained supported by fresh U.S. sanctions...
Oil Gains on Lower US Stockpiles and Tariff Pressures in India
Oil prices moved higher on Wednesday, supported by a larger-than-expected decline in U.S. crude inventories and concerns over the impact of fresh U.S. tariffs...
U.S. Stocks Decline on Jobless Claims Data as Markets Await Jackson...
U.S. stocks declined on Thursday after weak labor market data raised fresh concerns about the health of the U.S. economy. The losses came just...
