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Oil prices rise after U.S. crude stocks draw

Oil prices rose on Thursday following a drawdown in U.S. crude inventories, but gains in fuel inventories and persistent concerns over the global economy and future demand outlook capped gains......»»

Category: topSource: reutersAug 21st, 2019

Oil prices rise after U.S. crude stocks draw

Oil prices rose on Thursday following a drawdown in U.S. crude inventories, but gains in fuel inventories and persistent concerns over the global economy and future demand outlook capped gains......»»

Category: topSource: reutersAug 21st, 2019

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

Oil prices near session highs; EIA reports a weekly rise for U.S. crude supplies, but distillate stocks drop

The Energy Information Administration reported Wednesday that U.S. crude inventories climbed by 1.3 million barrels for the.....»»

Category: topSource: marketwatchFeb 24th, 2021

Asia stocks set to rise after Wall Street gains on oil rebound

Asian equity markets were poised to edge higher on Thursday after rebounding crude prices and the promise of more U.S. government aid to ease the economic pain inflicted by the coronavirus crisis helped calm global equity markets......»»

Category: topSource: reutersApr 22nd, 2020

Stocks rise as oil stages a sharp turnaround

Stocks rose for the first time in three days Wednesday as crude oil prices tried to stabilize after a record plunge......»»

Category: topSource: moneycentralApr 22nd, 2020

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......»»

Category: topSource: reutersMar 4th, 2020

Oil prices rise as U.S. crude stocks build less than expected

Oil prices rose on Thursday after the U.S. government reported a much smaller-than-anticipated rise in crude stocks, but gains were capped by worries about the spread of Coronavirus outside China......»»

Category: topSource: reutersFeb 20th, 2020

Oil prices extend gains as EIA data show a rise in U.S. crude supplies, but product stocks decline

Oil prices extended earlier gains on Wednesday after weekly data from the Energy Information Administration revealed .....»»

Category: topSource: marketwatchFeb 5th, 2020

Short Sellers Abandon Oil Stocks as Crude Prices Rise

Short interest in oil and gas stocks generally declined in the two-week period through December 13, primarily due to an OPEC+ decision to reduce production by a total of 2.1 million barrels a day........»»

Category: blogSource: 247wallstDec 26th, 2019

Global stocks rise after Fed keeps rates on hold; oil falls

Global equity markets rose on Wednesday after the Federal Reserve indicated interest rates would remain on hold for some time - a positive for risk assets - while oil prices fell after data showed an unexpected increase in U.S. crude inventories......»»

Category: topSource: reutersDec 11th, 2019

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......»»

Category: topSource: reutersDec 11th, 2019

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......»»

Category: topSource: reutersDec 11th, 2019

Oil slips as U.S. stocks rise, but hopes for U.S.-China trade deal stem losses

Oil eased on Wednesday following an industry report showing a surprise build in U.S. crude stockpiles, but hopes surrounding the signing of the first phase of a U.S.-China trade deal prevented a bigger drop in prices......»»

Category: topSource: reutersNov 27th, 2019

Futures Movers: Oil prices rise ahead of weekly U.S. storage data

Oil futures gain ground Thursday as investors await a government tally of U.S. crude inventories after industry figures showed an unexpected decline in stocks......»»

Category: topSource: marketwatchNov 14th, 2019

Oil prices rise, shrug off inventory gain, look for China stimulus

Oil prices rose on Thursday as investors banked on more economic stimulus by China after weak PMI data, partly recovering from losses in the previous session on a much larger than expected build in U.S. crude stocks......»»

Category: topSource: reutersOct 31st, 2019

Oil prices rise as investors put hopes on China stimulus

Oil prices rose on Thursday as investors banked on more economic stimulus by China after weak PMI data, partly recovering from losses in the previous session on a surprise build in U.S. crude stocks......»»

Category: topSource: reutersOct 30th, 2019

Oil prices drop, U.S. falls for third day as Cushing stocks rise

Oil prices slipped on Wednesday, with U.S. crude falling for a third day after an industry report that stocks at the Cushing delivery hub for the benchmark rose last week, shrugging off a drop in overall inventories......»»

Category: topSource: reutersOct 29th, 2019

Oil pares U.S. stock-draw gains on weak demand outlook

Oil prices dipped on Thursday on lingering concerns about a weak demand outlook, after surging more than 2% in the previous session on the back of a surprise draw in U.S. crude stocks......»»

Category: topSource: reutersOct 23rd, 2019

Oil slips as U.S. stocks rise; prospect of OPEC action supports

Oil prices slipped toward $59 a barrel on Wednesday on data showing a bigger-than-expected rise in U.S. crude stocks, while the prospect of deeper output cuts by OPEC and its allies offered support......»»

Category: topSource: reutersOct 23rd, 2019

Oil dips as U.S. stocks rise; prospect of OPEC action supports

Oil prices declined on Wednesday, holding below $60 a barrel on data showing a bigger-than-expected rise in U.S. crude stocks, but the prospect of deeper output cuts by OPEC and its allies offered support......»»

Category: topSource: reutersOct 23rd, 2019