Friday 19 April 2024
 
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US stockpiles

Oil gains as US stockpiles decline, Opec cuts weigh

Oil extended gains on Thursday as signs of declining US stockpiles and ongoing supply cuts led by Opec pointed to healthy demand while investors weighed potential disruptions to supply because of global geopolitical tensions. Futu

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Oil rises after US stockpiles fall

Oil futures rose in early Asian trading on Wednesday after an industry group released weekly figures showing US stockpiles fell more than expected last week. Brent crude LCOc1 was up 13 cents at $46.79 a barrel at 0017 GMT. On Tue

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Oil rises after US stockpiles fall

Oil futures rose in early Asian trading on Wednesday after an industry group released weekly figures showing US stockpiles fell more than expected last week. Brent crude LCOc1 was up 13 cents at $46.79 a barrel at 0017 GMT. On Tue

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Oil down on US stockpile report, Brexit

Oil prices fell in early Asian trade on Thursday, heading for a sixth day of declines, following a lower than expected draw on US stockpiles and amid worries Britain might leave the European Union. Front-month US crude futures CLc

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Oil falls on US stockpiles, Opec policy pause

Oil prices fell on Wednesday as a rise in US inventories added to a deep global glut, while investors discounted any possibility that the Organization of the Petroleum Exporting Countries (Opec) would do anything to cut production at this week&#

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Oil steady over US stock draw, demand outlook

Oil prices were steady early on Thursday, supported by lower US stockpiles and a firm demand outlook, but worries over China's economy continued to weigh. A 1.7-million barrel drop in US stockpiles last week helped to at least

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Oil steady over US stock draw, demand outlook

Oil prices were steady early on Thursday, supported by lower US stockpiles and a firm demand outlook, but worries over China's economy continued to weigh. A 1.7-million barrel drop in US stockpiles last week helped to at least

More…

Oil steady over US stock draw, demand outlook

Oil prices were steady early on Thursday, supported by lower US stockpiles and a firm demand outlook, but worries over China's economy continued to weigh. A 1.7-million barrel drop in US stockpiles last week helped to at least

More…

Oil rises on gasoline demand, economic data

Crude oil rose more than $1 to above $58 on Thursday as supportive economic data from Germany and gasoline demand lifted prices. Brent crude oil is still down about 8 per cent this month, however, thanks to worries about the Greek

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Oil near 6-year low as US stockpiles hit record high

Oil remained weak in Asia on Thursday after data showing record US stockpiles sent prices tumbling to the lowest level in nearly six years in the previous session and analysts said a global glut would continue to keep the market under pressure.

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