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Oil prices slip on rising U.S. crude inventories
Oil prices edged down on Wednesday after industry data showed U.S. crude inventories had swelled more than expected, while the market kept watch on diplomatic efforts in the Middle East as Israel continued attacks on Gaza and Lebanon.
U.S. crude oil prices rise more than 2%, extend gains to above $72 per barrel
Oil prices have bounced back somewhat after selling off steeply last week. Beijing cuts its benchmark lending rate on Monday, lending some support to the futures market.U.S. crude oil futures extended gains on Tuesday after rising nearly 2% in the previous session.
Crude oil prices today: WTI is trading at $69.97
WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.
U.S. Crude Oil Inventories Seen Rising By 800,000 Barrels
U.S. crude oil inventories likely rose last week, reversing some of the previous week's decline, according to a survey by The Wall Street Journal. Commercial crude stockpiles are seen up by 800,000 barrels at 421.
Oil prices rise as US stocks move sideways
Oil prices shot higher Tuesday on an indicator pointing to increased China demand as global equity markets mostly moved sideways amid caution over the US elections. "It's indicative of a market taking a step back.
2h
on MSN
Oil slips on higher US crude stockpiles; market watches Middle East
Oil prices dipped on Wednesday after industry data showed U.S. crude inventories swelled more than expected, though declines ...
14h
on MSN
Oil scores back-to-back gains, but ‘bearish landscape’ remains
Oil futures moved higher Tuesday, attempting to claw back steep losses suffered last week, with prices supported by a more ...
1d
Oil Industry’s Future Hangs In Balance Of Election
As U.S. crude oil and gas production nears a potential peak, the outcome of the 2024 presidential election could decide the ...
1h
on MSN
Saudi Arabian economic growth to accelerate in 2025 as oil taps open
Economic growth in Saudi Arabia will accelerate next year thanks to higher oil output after two years of modest performance, ...
Opinion
2d
on MSN
Opinion
Why the Oil Market Is Not Shocked
Geopolitical turmoil, particularly in the Middle East, used to send oil prices soaring, as frantic traders—anticipating ...
Opinion
1d
Opinion
Why the Oil and Gas Industry Is So Afraid of Kamala Harris
Mr. Mingle is an independent journalist and the author of “Gaslight: The Atlantic Coast Pipeline and the Fight for America’s ...
19h
South Africa Is Still Tapping Oil Stockpile to Fund Fuel Subsidy
South Africa is still selling oil from strategic stockpiles to fund measures introduced two years ago to cushion consumers ...
NOLA.com
9h
Judge grants more time for new rules on Gulf of Mexico endangered species, a win for oil and gas
A federal judge has granted more time to rewrite rules governing endangered species in the Gulf of Mexico, granting a victory ...
10h
on MSN
Jim Irsay is giving away Eras Tour tickets at Lucas Oil Stadium. Here's how you could win
It's not uncommon for Irsay to give tickets away ahead of Colts game days, but Eras Tour tickets have been notoriously ...
21h
on MSN
Oil prices steady on Mideast ceasefire push, China demand weighs
Oil prices steadied near $74 a barrel on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the ...
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