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Crude oil prices rise after Colonial Pipeline cyberattack

The Colonial Pipeline's shutdown is pushing oil and gasoline prices higher......»»

Category: topSource: foxnewsMay 10th, 2021

Futures Movers: Oil prices fall as U.S. data show hefty rise in gasoline supplies

Oil prices head lower on Wednesday, with gasoline futures leading the losses in the sector as traders parsed U.S. government data showing a more-than-3-million-barrel decline in crude inventories, and a bigger-than-expected climb in gasoline inventories......»»

Category: topSource: marketwatchApr 7th, 2021

API reports a weekly decline of 2.6 million barrels in U.S. crude supplies, sources say

The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 2.6 million barrels for the week ended April 2, according to sources. The data also reportedly showed gasoline stockpiles up nearly 4.6 million barrels, while disti.....»»

Category: topSource: marketwatchApr 6th, 2021

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......»»

Category: topSource: marketwatchMar 11th, 2021

Gas prices have been rising but OPEC keeps oil production cuts

The price of crude oil influences U.S. gasoline prices, already rising after February’s winter storms took 26 refineries offline. OPEC and allied countries are leaving most of their ex.....»»

Category: topSource: chicagotribuneMar 4th, 2021

Future of gas prices may be riding on today’s OPEC meeting

The price of crude oil influences U.S. gasoline prices, which are already rising after February’s winter storms took 26 refineries offline. OPEC could decide to increase production at today's meeting, which would ease pressure.....»»

Category: topSource: chicagotribuneMar 4th, 2021

Futures Movers: Oil prices rise 2% as EIA shows weekly fall in crude stockpiles; Brexit deal seen near

Crude-oil futures take a sharper leg higher Wednesday morning after a report from the Energy Information Administration showed a drop in U.S. crude inventories......»»

Category: topSource: marketwatchDec 23rd, 2020

World shares mixed amid hopes for business pickup; oil slips

Oil prices slid and world equity markets seesawed on Wednesday as investor hopes for a pickup in business activity were dashed by downbeat economic data and a rise in U.S. crude stockpiles to three-year highs that highlighted low fuel demand......»»

Category: topSource: reutersMay 6th, 2020

World shares mixed amid hopes for business pickup; oil slides

Oil prices slid and world equity markets seesawed on Wednesday as investor hopes for a pickup in business activity were weighed against downbeat economic data and low fuel demand highlighted by a rise in U.S. crude stockpiles to three-year highs......»»

Category: topSource: reutersMay 6th, 2020

World shares mixed amid hopes for business pickup, weak data; oil slides

World equity markets were mixed on Wednesday, with U.S. indexes seesawing amid hopes for a pickup in business activity and as oil prices slumped with demand low after a rise in U.S. crude stockpiles last week to three-year highs......»»

Category: topSource: reutersMay 6th, 2020

Brent settles higher on hopes of easing lockdowns, U.S. crude falls amid storage shortage

U.S. crude prices settled about 3% lower on Tuesday after data showing domestic stockpiles didn't rise as high as had been expected given tightening storage, despite pledges to cut production from May 1......»»

Category: topSource: reutersApr 28th, 2020

Crude Price Comeback Boosts Sagging Energy Stocks

Oil and gas production companies have gotten a boost since Monday's crude oil price collapse. But it's only a small boost for the year to date......»»

Category: blogSource: 247wallstApr 23rd, 2020

EIA reports a 15 million-barrel rise in U.S. crude supplies; gasoline stocks rise less than expected

Oil futures extended earlier gains on Wednesday after the Energy Information Administration reported a 13th consec.....»»

Category: topSource: marketwatchApr 22nd, 2020

Iran says it will fare better than others after oil crash amid battered economy

Iran will not suffer as much as other countries from the oil price plunge as it is less reliant on crude exports, its president said on Wednesday, with the state budget depending far less than before on oil revenue due to U.S. sanctions......»»

Category: topSource: reutersApr 22nd, 2020

Futures Movers: Oil prices rise as key OPEC+ production conference gets under way

Oil futures climb on Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is expected to lead to an agreement to cut global crude production and end a price war between Russia and Saudi Arabia......»»

Category: topSource: marketwatchApr 9th, 2020

Oil ends lower after U.S. crude stockpiles jump, gasoline demand sinks

Oil prices fell on Wednesday after U.S. crude inventories rose last week by the most since 2016, while gasoline demand suffered its biggest weekly drop ever due to the coronavirus pandemic......»»

Category: topSource: reutersApr 1st, 2020

After Worst Quarter Ever, WTI Extends Losses On Massive Crude & Gasoline Build

After Worst Quarter Ever, WTI Extends Losses On Massive Crude & Gasoline Build After its worst quarter ever, as COVID-19 lockdowns crushed demand, raising fears about overflowing storage tanks amid a price war that has f.....»»

Category: blogSource: zerohedgeMar 31st, 2020

US gas prices fall below $2 per gallon for the first time in 4 years amid COVID-19 outbreak, crude price war

Steven Senne/AP The national average for a gallon of regular gasoline dropped to $1.99, a four-year low, according to an AAA report released Tuesday. Prices have been dragged down by the coronavirus pandemic and ongoing oil pric.....»»

Category: topSource: businessinsiderMar 31st, 2020

How Oil Price War Threatens US Propane Exports

Fallout from the oil price war extends far beyond U.S. crude production. America's liquefied petroleum gas (LPG) exports are also in the crosshairs. read more.....»»

Category: blogSource: benzingaMar 20th, 2020

Oil prices rise on U.S. gasoline stock draw, smaller-than-expected gain in crude inventories

Oil prices rose further on Thursday after a U.S. report showed a draw in gasoline inventories and a much smaller-than-anticipated rise in crude stocks......»»

Category: topSource: reutersFeb 20th, 2020