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Oil skids as U.S. inventories pile up, but demand hopes stem bigger drop

Oil prices dropped on Wednesday after U.S. industry data showed a surprise build in crude inventories, but expectations for firmer demand next year kept losses in check......»»

Category: topSource: reutersDec 18th, 2019

Oil prices rise on OPEC deficit forecast

Oil prices rose on Thursday, recouping some of the losses from the previous session that followed a surprise increase in U.S. crude inventories, as the market mood switched to relief after OPEC forecast a supply deficit next year......»»

Category: topSource: reutersDec 12th, 2019

Oil edges lower after U.S. crude and gasoline build

Oil eased on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week and gasoline stocks surged, but losses were limited by optimism that a U.S.-China trade deal would be reached soon......»»

Category: topSource: reutersNov 27th, 2019

Oil falls about 1% after U.S. crude and gasoline build

Oil fell about 1% on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week and gasoline stocks surged, but optimism that a U.S.-China trade deal would be reached soon limited losses......»»

Category: topSource: reutersNov 27th, 2019

Oil eases on growing U.S. stockpiles; U.S.-China trade deal hopes check losses

Oil slipped on Wednesday after an industry report showed a surprise build-up in U.S. crude inventories, but optimism surrounding the signing of the first phase of a U.S.-China trade deal prevented a bigger slide in prices......»»

Category: topSource: reutersNov 27th, 2019

Oil slips on cloudy U.S.-China trade picture

Oil prices fell on Wednesday as worries about a possible delay in resolving the U.S.-China trade war, which has hurt global oil demand, competed with a price-supporting drop in U.S. crude inventories......»»

Category: topSource: reutersOct 30th, 2019

Oil Price Holds Firm Despite Massive Stockpile Increase

The U.S. crude oil stockpile rose by more than 9 million barrels last week but the impact of the huge increase was partially offset by large declines in gasoline and distillate inventories......»»

Category: blogSource: 247wallstOct 17th, 2019

Oil prices mixed ahead of U.S. crude stocks data

Oil prices were mixed on Wednesday as Brent crude extended losses due to depressed global stock markets, but U.S. crude rose slightly after industry data showed a surprise drop in inventories in the United States......»»

Category: topSource: reutersOct 2nd, 2019

Oil dives nearly 5% to seven-month low on surprise U.S. stock build, trade war

Oil prices tumbled more than 4.5% on Wednesday to a seven-month low, extending recent heavy losses following a surprise build in U.S. crude stockpiles and fears that demand will shrink due to Washington's escalating trade war with Beijing......»»

Category: topSource: reutersAug 7th, 2019

Oil dives 4% to seven-month low on surprise U.S. stock build, trade war

Oil prices tumbled more than 4% on Wednesday to a seven-month low, extending recent heavy losses following a surprise build in U.S. crude stockpiles and fears that demand will shrink due to Washington's escalating trade war with Beijing......»»

Category: topSource: reutersAug 7th, 2019

Oil prices little changed despite U.S. crude stock draw

Oil futures were mostly steady on Wednesday as price support from a larger-than-expected decline in U.S. crude inventories was countered by a lull in equities......»»

Category: topSource: reutersJun 19th, 2019

Oil prices mostly steady despite U.S. crude stock draw

Oil futures were little changed on Wednesday as price support from a larger-than-expected decline in U.S. crude inventories was countered by a slump in equities......»»

Category: topSource: reutersJun 19th, 2019

WTI Extends Losses After Crude Inventories Hit Highest Since July 2017

Oil prices extended their losses overnight after API surprised with notable builds in crude and gasoline (and at Cushing) - sending WTI to a $51 handle - and not helped as US-China t.....»»

Category: blogSource: zerohedgeJun 12th, 2019

Oil tumbles on unexpected surge in US stockpiles

Oil prices sharply extended losses Wednesday, with U.S. crude dropping below $52 per barrel for the first time since February, after an unexpected gain in U.S. crude inventories......»»

Category: topSource: moneycentralJun 5th, 2019

WTI Extends Losses After Large Inventory Builds Across The Board

Oil prices tumbled overnight on signs that U.S. crude inventories jumped last week (API reported a big build), worrying i.....»»

Category: blogSource: zerohedgeJun 5th, 2019

Oil Algos Unsure As Crude Inventories Pop, Production Drops

WTI held on to losses overnight (bouncing of $61) after a big surprise crude build (reported by API) trumped geopolitical risk premia from drone attack in Saudi Arabia. “.....»»

Category: blogSource: zerohedgeMay 15th, 2019

Futures Movers: WTI oil slips, Brent gains as trade-linked demand worries play out against U.S. inventory drop

U.S.-based oil prices slip as an escalating trade battle between the Trump administration and China and its potential to dent energy demand offset the upward price pressure that might normally be expected from a surprise decline in U.S. crude inventories......»»

Category: topSource: marketwatchMay 9th, 2019

Oil dips, then recovers, after unexpected rise in crude inventories

Oil futures were little changed after briefly extending losses Wednesday after government data showed an unexpected rise in U.S. crude inventor.....»»

Category: topSource: marketwatchApr 3rd, 2019

Futures Movers: Oil bounces back in volatile trade after U.S. supply data

Oil prices finish higher Wednesday in volatile trading, with concerns surrounding Iran and the risk to global crude supplies helping to erase earlier losses fed by an unexpected weekly rise in U.S. inventories......»»

Category: topSource: marketwatchApr 25th, 2018

Crude Oil Price Slips as Inventory Drops Sharply

U.S. crude oil inventories dropped more than expected last week, but the biggest changes came in how much crude and refined products were exported......»»

Category: blogSource: 247wallstApr 25th, 2018