Oil futures end higher, with Brent turning up for the week
Oil futures edged higher on Thursday, with U.S. and global benchmark prices turning higher for the week after posting losses day earlier, when weekly gains in U.S. product inventories outweighed support from a fall in crude supplies.
Oil Futures Retreat After U.S. Inventories Report
Oil futures give up gains in a technical pullback, with the decline accelerating after the EIA's weekly inventory report. A second straight week of outsized builds in U.S. distillate fuel and gasoline stocks offset any upside from a moderate drawdown in crude.
Oil Fall as Traders Digest EIA Report
Oil falls in the morning Asian session, as traders digest EIA’s report on weekly U.S. supplies of crude, gasoline, and distillates. While the report showed that commercial crude supplies declined by 1 million barrels for the week ended Jan.
Nymex Overview: Petroleum Futures Pull Back After Bearish Inventory Report -- OPIS
The petroleum futures complex was moving lower Wednesday following the release of bearish federal data showing large increases in U.S. gasoline and distillate inventories. Diesel futures were falling by about 1.
US oil futures rise after API reports much larger drop in US crude stocks
U.S. crude oil futures inched higher in post-settlement trading Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly domestic crude stockpiles. Crude Oil WTI Futures,
Oil prices rally 3% as US hits Russian oil with tougher sanctions
Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the ...
Why Has Oil Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
Oil prices jump 3% on cold weather, supply concerns
Oil futures rose sharply early Friday, trading at their highest since October with support tied to cold weather in the U.S.
Brent Crude Oil Hits $80 a Barrel for First Time Since October
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...
Oil settles up 1% as cold weather in US, Europe drives winter fuel demand
Oil prices rose more than 1% on Thursday as cold weather gripped parts of the United States and Europe, boosting winter fuel ...
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year ...
Oil Futures Settle at Nearly Three-Month High
Crude futures resume their recent rally, settling at their highest level since October with support from winter weather driving demand for heating fuels. Focus will turn to tomorrow's EIA inventory ...
Oil Rises Amid Expectations of Tighter Supply From Russia, Iran
Oil rose in the early Asian session amid expectations of tightening supply from Russia and Iran due to Western sanctions, Exness’ Maria Agustina Patti said.
Oil jumps on concerns about more sanctions on Russia and Iran
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply ...
Oil and natural-gas futures rally as winter storm looks set to lift heating demand
Oil futures on Friday climbed to their highest levels since early October and natural-gas futures jumped more than 5% as forecasts for a major winter storm tar ...
Oil Falls on Likely Technical Correction
Oil fell amid a likely ongoing technical correction. Prices finished lower overnight after posting five straight session gains.