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Futures Movers: Oil snaps 6-day winning streak as U.S. dollar rises, product inventories build
Oil futures end a choppy session lower, snapping a six-day winning streak for the U.S. benchmark, after the dollar gains ground and inventories of gasoline and distillates rise more than expected......»»
Futures Movers: Oil posts a third straight gain as U.S. crude supply drop, Saudi output cut provide tailwind
Oil futures rise Thursday to post a third straight gain, buoyed byrecent data showed a larger-than-expected weekly drop in U.S. crude inventories......»»
Oil skids as oversupply fears pile up with U.S. inventories growth
Global crude oil prices slid further on Wednesday, following their biggest-ever quarterly and monthly losses, as a bigger-than-expected rise in U.S. inventories and a widening rift within OPEC heightened oversupply fears......»»
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......»»
Oil rises more than 1% on smaller-than-expected rise in crude stocks
Oil prices rose more than 1% on Thursday, recouping losses from the previous day on a smaller-than-expected rise in crude oil inventories in the United States, although the gains were capped by uncertainties over cuts by major oil producers......»»
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......»»
Oil gains after U.S.-China trade deal, rise in inventories
Oil prices rose on Thursday after the signing of an initial Sino-U.S. trade deal that sets the stage for a surge in Chinese purchases of American energy products, while U.S. crude inventories fell more than expected......»»
Global server shipments to rise 5-6% in 2020, says Digitimes Research
Global server shipments are forecast to increase 5-6% in 2020 after falling slightly in 2019, as brand vendors are expected to renew shipments pull-in momentum having adjusted their inventories to healthy levels, according to Digitimes Research......»»
Oil market to remain oversupplied despite OPEC+ pact, says IEA
Global oil inventories could rise sharply despite an agreement by OPEC and its allies to deepen output cuts as well as lower expected production by the United States and other non-OPEC nations, the International Energy Agency (IEA) said on Thursday......»»
Stocks edge higher as trade deadline nears, oil falls
Global equity markets rose on Wednesday as investors expected U.S. President Donald Trump would delay his promised new tariffs on Chinese goods, while oil prices fell after data showed an unexpected rise in U.S. crude inventories......»»
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......»»
Oil slips to $62 as trade talks drag on
Oil extended declines to $62 a barrel on Tuesday, pressured by limited progress in efforts to resolve the trade conflict between the United States and China as well as an expected rise in U.S. crude inventories......»»
Oil rises, supported by U.S. fuel stock draws but weighed by crude build
Oil prices rose about 1% on Thursday after draws in U.S. fuel inventories, but gains were capped by a larger-than-expected rise in crude stockpiles and a series of weak economic figures......»»
Oil falls, fanned by inventory rise and global demand worries
Oil prices fell on Thursday after a larger-than-expected rise in U.S. crude stockpiles and a series of weak economic figures, although a drop in fuel inventories helped offset the decline......»»
Oil prices rise for fifth day after U.S. stocks decline
Oil prices rose for a fifth day on Wednesday, buoyed by a bigger than expected drop in U.S. inventories and as investors awaited a widely expected cut in interest rates by the Federal Reserve, the first in more than 10 years......»»
Oil prices rise more than 2% as U.S. crude, products stockpiles fall
Oil prices rose more than 2% on Wednesday and hit their highest in about a month, buoyed by U.S. government data that showed a larger-than-expected drawdown in crude stocks as exports hit a record high, and surprise drops in refined product stockpiles......»»
Oil prices slip, but ongoing supply cuts support
Oil markets fell on Thursday despite a surprise decline in U.S. inventories, but the price drops were tempered by a smaller-than-expected reduction in gasoline stocks and ongoing OPEC-led supply cuts......»»
U.S. business inventories rise more than expected in January
U.S. business inventories increased more than expected in January as sales rose moderately, and businesses were taking the longest time in nearly 1-1/2 years to clear shelves, a sign of slowing demand......»»
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......»»
7 foods you eat everyday that are going to raise your grocery bill this year
Shutterstock After several drops in prices in the last few years, many grocery staples will increase in cost this year. In 2018, retail food prices are expected to rise between 0.5% to 1.5%, which is still below the historical average of 2.1%.....»»