Search Results for: U.S. crude
Oil prices under pressure after historical high for U.S. crude stocks
March 2nd, 2017
Oil prices fell further Thursday, depressed by the latest pick up in U.S. crude stockpiles and production. On the New York Mercantile Exchange, light, sweet crude futures for delivery in AprilCLJ7, -0.33% traded at $53.54 a barrel, down 29 ...
Oil Resumes Advance as Report Shows U.S. Crude Stockpiles Drop
January 19th, 2017
Nationwide supplies fell 5.04 million barrels last week: API OPEC making “tremendous efforts” to reduce output: Barkindo Oil resumed gains after the biggest drop in more than a week as industry data showed U.S. crude stockpiles declined, while OPEC ...
Oil prices stumble after strong jump in U.S. crude stocks
January 12th, 2017
Crude prices slipped Thursday after data showed a stronger-than-expected increase in U.S. crude and distillate fuel stocks at a time when oil exports out of the Middle East are surging. On the New York Mercantile Exchange, light, sweet crude ...
Oil prices fall on rising U.S. crude stocks, OPEC output concerns
December 14th, 2016
Oil prices fell on Wednesday following a reported rise in U.S. crude inventories and an estimate that OPEC may have produced more crude in November than previously thought, potentially undermining a planned output cut. U.S. West Texas Intermediate (WTI) ...
Oil prices fall on higher OPEC output, rise in U.S. crude stocks
October 13th, 2016
Oil prices fell on Thursday after OPEC said its production had risen to the highest level in at least eight years and following reports of an increase in U.S. crude stockpiles. Brent crude futures LCOc1 were trading at $51.46 ...
Oil extends gains after big U.S. crude stock draw
September 8th, 2016
Oil prices rose more than 1.5 percent on Thursday after U.S. industry data showed a large drawdown in crude stocks, reflecting the temporary impact of an Atlantic storm. U.S. crude stocks fell 12.1 million barrels last week, data from ...
Oil prices fall on U.S. crude inventory build, record Saudi output
August 11th, 2016
Oil prices fell early on Thursday as a build in U.S. crude inventories and record Saudi Arabian production weighed on markets. U.S. West Texas Intermediate (WTI) crude futures CLc1 were trading at $41.34 per barrel at 8.32 p.m. ET, ...
Brent slips on OPEC worry; U.S. crude steady ahead of inventory data
December 2nd, 2015
API says U.S. crude inventories rose by 1.6 mln bbls last week Reuters poll had cited 500,000 bbls draw instead U.S. crude falls in post-settlement trade after API data OPEC expected to keep output high at Friday meeting (Adds ...
Oil down more than 3% as U.S. crude stockpiles rise 6 straight weeks
November 5th, 2015
EIA reports 2.8 million-barrel weekly climb in crude supplies Oil futures lost more than 3% on Wednesday as U.S. government data showed that crude inventories rose for a sixth week in a row. Strength in the dollar added to ...
Oil falls after industry report shows surge in U.S. crude stocks
October 21st, 2015
Oil prices fell on Wednesday after data from an industry group showed a larger-than-expected build in U.S. crude inventories last week, fanning worries over global oversupply, even as a slightly weaker dollar provided some support. Brent crude for December ...
