Search Results for: oil price
Oil prices edge up as U.S. supply tightens
July 4th, 2018
Oil prices edged up on Wednesday following a report of tightening U.S. fuel inventories amid an outage at Syncrude Canada oil sands facility in Alberta, which usually supplies the United States. Prices were also pushed up by looming U.S. ...
Oil prices fell; Oil traders are closely watching a threat by China
June 19th, 2018
Oil prices fell nearly one percent on Tuesday as an escalating trade dispute between the United States and China triggered sharp selloffs in many global markets. Crude was also weighed down by expectations that producer cartel OPEC and key ...
Oil prices rebounded on Tuesday on expected stockpile drop
June 5th, 2018
Oil prices rebounded on Tuesday after falling in the previous session on expectations that inventories in the United States may decline but increasing U.S. production and concerns that OPEC may raise output continue to weigh on sentiment. Brent crude ...
Oil prices drop on potential increase in OPEC output
May 24th, 2018
Oil prices fell on Thursday on expectations that OPEC members will step up production in the face of worries over supply from both Venezuela and Iran. A surprise build up in crude oil inventories in the United States also ...
Oil prices rose on Monday as markets reacted to news
May 21st, 2018
Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world’s two biggest economies “on hold”. Brent crude futures were at $79.13 per barrel at ...
Oil prices reach highest since November 2014
May 7th, 2018
U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 while Brent crude prices climbed to fresh highs, as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supplies. ...
Oil prices hold steady
May 4th, 2018
Oil prices held steady on Friday after shedding earlier gains, as market jitters kicked in over the prospect of geopolitical risks from possible new U.S. sanctions against Iran. U.S. West Texas Intermediate (WTI) crude futures were trading 1 cent ...
Oil prices rise amid risk of supply disruptions
April 17th, 2018
Oil prices rose on Tuesday amid worries there could be a high risk of disruptions to supply, especially in the Middle East. Brent crude oil futures were at $71.75 per barrel at 0646 GMT, up 33 cents, or 0.5 ...
Oil prices dips on rising U.S. supplies, market still tense on conflict in Syria
April 11th, 2018
Oil prices on Wednesday eased away from 2014 highs reached the previous session as escalating Middle East tensions were offset by increasing inventories and production in the United States. Brent crude futures LCOc1 rose to $70.78 per barrel at ...
Oil prices rise as OPEC seen continuing supply cuts through 2018
March 29th, 2018
Oil prices rose on Thursday as the producer cartel OPEC and other suppliers look set to continue withholding output for the rest of the year and potentially into 2019. U.S. WTI crude futures CLc1 were at $64.62 a barrel ...
