Oil prices looked set to stabilize on Friday, but remained below a key support level as investors remained wary over rising U.S. crude oil inventories. On the New York ... Read More
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 ... Read More
Oil prices held gains on Friday on data showing U.S. stockpiles rose for a seventh straight week but at a pace that was well below expectations, and news of ... Read More
Oil futures climbed nearly 1 percent on Thursday after data showed a surprise decline in U.S. crude stocks as imports fell, supporting the view that a global glut is ... Read More
Oil prices held near multi-week highs on Wednesday after OPEC signaled optimism over its deal with other producers to curb output to clear a glut that has weighed on ... Read More
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 ... Read More
U.S. crude stocks fell last week as refineries hiked output, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration said on Wednesday. Crude inventories fell by ... Read More
Oil prices fell in Asian trade on Wednesday, reversing earlier gains, as doubts re-emerged over whether OPEC would agree to a crude oil production cut at a ministerial meeting ... Read More
Oil futures rose on Wednesday, shrugging off an industry report that showed an unexpected build in U.S. crude stocks, and adding to gains of nearly 6 percent from the ... Read More
Crude-oil futures retreated in early Asian trade Wednesday on expectations that U.S. crude inventories were bolstered significantly last week, exacerbating the global glut that has kept prices in the ... Read More
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