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Oil rises for third day after surprise drop in U.S. inventories

Oil rose for a third day after a U.S. government report showed tumbling domestic crude and fuel inventories......»»

Category: topSource: moneycentralJun 13th, 2018

Oil rises on European inventories drop and expected OPEC cuts

Oil prices rose on Friday, supported by a drop in European inventories and expectations of more OPEC production cuts despite the International Energy Agency (IEA) reporting demand growth at its lowest since the financial crisis of 2008......»»

Category: topSource: reutersAug 9th, 2019

Oil rises as U.S. crude stocks fall again, Fed cuts interest rates

Oil prices rose for a fifth day on Wednesday following a larger-than-expected drop in U.S. inventories and after the Federal Reserve cut U.S. interest rates for the first time in more than a decade......»»

Category: topSource: reutersJul 31st, 2019

Oil rises as U.S. crude stocks fall, market awaits U.S. Fed rate cut

Oil prices rose for a fifth day on Wednesday, supported by a larger-than-expected drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower borrowing costs for the first time in more than a decade......»»

Category: topSource: reutersJul 31st, 2019

Oil rises as market awaits U.S. Fed rate cut

Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower borrowing costs for the first time since the financial crisis more than a decade ago......»»

Category: topSource: reutersJul 31st, 2019

Oil rises for fifth session as stockpiles fall and market awaits Fed

Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower borrowing costs for the first time since the financial crisis more than a decade ago......»»

Category: topSource: reutersJul 31st, 2019

Oil rises for fifth straight day as market awaits Fed, stockpiles fall

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 U.S. Federal Reserve, the first in more than 10 years......»»

Category: topSource: reutersJul 31st, 2019

Oil rises more than 1% but sets biggest weekly loss of 2019

Oil prices climbed more than 1% on Friday ahead of long U.S. and UK holiday weekends, but posted the biggest weekly drop of the year, pressured by rising inventories and worries about the global economy......»»

Category: topSource: reutersMay 24th, 2019

Oil rises towards $69 but set for 2019"s biggest weekly loss

Oil rose towards $69 a barrel on Friday after two sessions of losses but remained on track for its biggest weekly drop of the year, pressured by rising inventories and concern over an economic slowdown......»»

Category: topSource: reutersMay 24th, 2019

Oil rises toward $69, but set for 2019"s biggest weekly loss

Oil rose toward $69 a barrel on Friday after two sessions of losses, but remained on track for its biggest weekly drop this year due to rising inventories and concerns of an economic slowdown......»»

Category: topSource: reutersMay 24th, 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 rises on tightening supplies; ample U.S. output caps gains

Oil prices edged higher on Wednesday, supported by ongoing OPEC-led supply cuts and a surprise fall in U.S. crude inventories, although gains were capped by strong U.S. production......»»

Category: topSource: reutersApr 18th, 2019

Oil prices extend losses despite surprise drop in U.S. inventories

Oil prices edged down on Thursday despite a surprise decline in U.S. inventories, with international benchmark Brent retreating from a five-month high touched in the previous session......»»

Category: topSource: reutersApr 17th, 2019

Futures Movers: Oil prices settle at a 4-month high as U.S. crude and gasoline supplies drop

Oil futures rally Wednesday to settle at their highest level since November as weekly data reveal a surprise decline in U.S. crude stockpiles and a bigger-than-expected drop in gasoline inventories......»»

Category: topSource: marketwatchMar 13th, 2019

Crude Oil Price Rises on Drop in Inventories, Ignoring Big Increases in Gas, Diesel Stocks

U.S. crude oil inventories fell more than expected but production of gasoline and distillates more than offset the drop. Exports of both crude and refined products rose sharply in the week as well......»»

Category: blogSource: 247wallstJun 20th, 2018

United States Oil (USO) Price Rises on Drop in Inventories, Ignoring Big Increases in Gas, Diesel Stocks

United States Oil (USO) Price Ris.....»»

Category: topSource: livetradingnewsJun 20th, 2018

Oil eases, but Iran sanctions keep Brent above $80 a barrel

Oil prices eased on Wednesday after U.S. data showed a surprise build in domestic crude inventories, but an impending drop in Iranian exports kept Brent futures above $80 a barrel and on track for a fifth straight quarterly gain......»»

Category: topSource: reutersSep 26th, 2018

US Housing Starts Collapsed In March - Biggest Drop Since COVID Lockdowns

US Housing Starts Collapsed In March - Biggest Drop Since COVID Lockdowns The roller-coaster ride in housing permits, starts, and completions in the last few months is set to continue today... and 'surprise' they did. After a big (+10.7%) .....»»

Category: worldSource: nytApr 16th, 2024

Oil futures remain higher as EIA reports an 8 million-barrel weekly drop in U.S. crude supplies

The Energy Information Administration reported Wednesday that U.S. crude inventories fell by 8 mi.....»»

Category: topSource: marketwatchMay 5th, 2021

Futures Movers: Oil prices jump higher as IEA raises demand outlook

Oil futures on Wednesday trade sharply higher as the International Energy Agency's monthly report lifted its demand outlook for crude and as a U.S. report on inventories showed a drop in weekly stockpiles......»»

Category: topSource: marketwatchApr 14th, 2021

Oil Crashes Most Since December As Inventories Jump, Demand Hope Fades

Oil Crashes Most Since December As Inventories Jump, Demand Hope Fades Update (1240ET): The plunge in oil prices has accelerated with WTI now down 5%, the biggest intraday drop since December... We're gonna need m.....»»

Category: blogSource: zerohedgeMar 18th, 2021