Search Results for: U.S. crude
Oil steadies after big fall, but soaring U.S. crude output still weighs
March 8th, 2018
Oil prices steadied on Thursday, supported by healthy demand, after falling the previous day on the back of record U.S. crude production and rising inventories. Brent crude futures LCOc1 were at $64.46 per barrel at 0506 GMT, up 12 ...
Oil rises on report of lower U.S. crude inventories
February 7th, 2018
Oil prices rose on Wednesday amid a share market recovery and supported by a report that U.S. crude inventories fell last week, although analysts warned that soaring U.S. output and a seasonal demand drop could soon weigh on crude. ...
Oil Prices Up On Lower U.S. Crude Stocks
December 14th, 2017
Oil prices rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this week. U.S. West Texas Intermediate (WTI) crude futures were at ...
Oil prices edge up on expected drop in U.S. crude stocks
December 5th, 2017
Oil prices nudged higher on Tuesday, buoyed by expectations of a drop in U.S. crude stockpiles and after last week’s deal between OPEC and other crude producers to extend output curbs. International benchmark Brent crude futures were trading up 6 ...
U.S. crude futures fell in Asian trading on Friday
September 1st, 2017
U.S. crude futures fell in Asian trading on Friday, partly reversing sharp gains from the previous session, amid ongoing turmoil in the oil industry with nearly a quarter of U.S. refining capacity offline. U.S. West Texas Intermediate (WTI) Clc1 ...
Oil steady after U.S. crude stockpiles drop; traders watch Gulf of Mexico storm
August 24th, 2017
Oil was steady on Thursday, holding gains from the previous session after another fall in U.S. crude inventories indicated a tighter market, and as a tropical storm was heading for oil producing facilities in the Gulf of Mexico. Brent ...
Oil drops on rising U.S. crude inventories, defies expected supply cut extension
May 17th, 2017
Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia to extend output cuts. Brent crude was down 41 cents, ...
Oil falls on bulging U.S. crude inventories, record global supplies
April 26th, 2017
Oil prices resumed their downward trend on Wednesday as data showed a rise in U.S. crude inventories and record supplies in the rest of the world cast doubt on OPEC’s ability to cut supplies and tighten the market. U.S. ...
Oil prices fall on record U.S. crude stocks, rising production
April 6th, 2017
Oil prices fell on Thursday as record U.S. crude inventories underscored that crude markets remain bloated, despite efforts led by OPEC to cut output and prop up prices. Brent crude futures, the international benchmark for oil, were at $54.07 ...
Oil prices fall on bloated U.S. crude storage
March 22nd, 2017
Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite an OPEC-led effort to cut output. Prices for front-month Brent crude futures, the international benchmark for oil, were ...
