Tag: oil supply
Surprise Build in EIA Crude Inventories Points to Softer Demand
The U.S. Energy Information Administration reported an unexpected rise in weekly crude oil inventories, pointing to softer demand conditions and raising the prospect of...
Oil Gains 1% After OPEC+ Announces Smaller Output Increase
Oil Prices Rise 1% After Smaller-Than-Expected OPEC+ Output Increase
Oil prices climbed about 1% on Monday after OPEC+ announced a smaller-than-expected production increase for November....
