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Oil dips as U.S. crude stockpiles swell; possible OPEC cuts prevent bigger slide
Oil prices slipped on Thursday after U.S. crude inventories swelled to their highest level since December 2017 amid concerns of an emerging global glut, although the potential for a supply cut by OPEC prevented further drops......»»
Futures Movers: Oil settles lower as traders bet on a fourth-weekly rise in U.S. crude inventories
Oil futures marked a third straight decline on Tuesday, with U.S. benchmark crude trading below later-dated futures, as traders bet that domestic crude supplies climbed for a fourth week in a row in the wake of last month's Texas deep freeze......»»
Futures Movers: Oil prices buoyed by falling fuel inventories
Oil futures trade higher Thursday, with support tied in part to follow through on the previous session's gains that saw a sharp rise in crude inventories offset by a further draw in gasoline supplies as a result of last month's Texas freeze......»»
Oil sinks to 18-year low as inventories swell by most on record
Weekly crude oil inventories rose by 19.2 million barrels, the most on record......»»
Oil prices mixed, U.S. inventory build-up heightens oversupply concerns
Crude oil benchmarks opened the month mixed on Wednesday, following their biggest-ever quarterly and monthly losses, overshadowed by fears of global oversupply as data showed a bigger-than-expected rise in inventories in the United States......»»
Saudi Aramco drops 10% after kingdom triggers oil price fall
Saudi Aramco shares fell 10% on Monday after Saudi Arabia slashed its official selling prices for crude and set out plans for a dramatic increase in oil production next month, prompting a sharp drop in prices......»»
Oil falls on U.S. gasoline, distillate stock builds, record crude output
Oil prices on Wednesday fell about 1% to their lowest in over a month, after a U.S. report showed big increases in gasoline and distillates inventories and as crude production rose to a new record......»»
Oil little changed near three-month high amid stockpile drop, economic hopes
Oil was little changed on Friday, steadying near three-month highs after new data showed U.S. crude inventories fell far more than expected, while upbeat economic data and optimism over a U.S.-China trade deal fueled a year-end stock market rally......»»
Oil edges up to three-month highs as U.S. crude stocks fall
Oil prices rose on Friday to three-month highs after data showed U.S. crude inventories declined much more than expected and upbeat economic data and optimism over a U.S.-China trade deal improved investor sentiment......»»
Oil reaches three-month highs, supported by low U.S. inventories, trade progress
Oil prices reached the highest level in three months in thin pre-Christmas trading on Thursday, buoyed by the previous day's news that U.S. crude inventories declined and as U.S.-China trade tensions continued to ease......»»
Oil hovers near three-month highs, supported by low U.S. inventories, trade progress
Oil prices hovered near the highest in three months in thin pre-Christmas trading on Thursday, buoyed by the previous day's news that U.S. crude inventories declined and as U.S.-China trade tensions continued to ease......»»
Futures Movers: Oil on track to post fresh 3-month highs
Oil futures move modestly higher on Thursday, on track to notch another settlement at their highest since mid-September, a day after data showed a weekly decline in U.S. crude inventories......»»
Oil hovers near three-month highs on trade progress, lower inventories
Oil prices hovered near three-month peaks on Thursday, buoyed by falling U.S. crude inventories and thawing trade relations between the United States and China......»»
Oil prices surf near three-month highs after U.S. crude inventories fall
Oil prices remained in touching distance of three-month peaks on Thursday, extending a robust streak that began a week ago, after data showed U.S. crude inventories had dropped while output cuts by major producers kept supply snug......»»
Oil drops on surprise U.S. crude build but tariff deadline eyed
Oil prices dropped almost 1% on Wednesday following a surprise build in U.S. crude inventories, and as investors waited to see if a fresh round of tariffs by Washington on Chinese goods would come into force on Sunday......»»
Oil drops as U.S. data shows unexpected rise in crude stocks
Oil prices dropped about 1% on Wednesday following a surprise build in U.S. crude inventories, and as investors waited to see if a fresh round of tariffs by Washington on Chinese goods would come into force on Sunday......»»
Futures Movers: Oil prices fall as U.S. supplies rise a second straight week and Saudi output recovers
Oil futures fall Wednesday as U.S. government data reveal a second weekly climb in domestic crude inventories and reports indicate Saudi Arabia continues to make rapid progress in restoring production after attacks on its facilities earlier this month......»»
Oil drops 3% on weak global economic data, U.S. crude stocks build
Oil prices shed 3% on Wednesday after fresh Chinese and European economic revived global demand fears and U.S. crude inventories rose unexpectedly for the second week in a row......»»
Oil prices jump 4.5% on U.S. crude stocks draw, Gulf of Mexico storm
Oil prices rose 4.5% a barrel on Wednesday to their highest level in more than a month after U.S. crude inventories shrank and as major producers cut nearly a third of offshore Gulf of Mexico production ahead of an expected storm......»»
Oil jumps near $60 on biggest US stockpile drop since 2016
Oil rose near $60 a barrel for the first time this month as a huge drop in U.S. crude inventories bolstered the outlook for demand......»»