Page 3 - Us Crude Oil

With oil market in limbo, here's how analysts see things playing out

If there's no increase in production, then oil at $85 to $90 a barrel is on the cards, Fereidun Fesharaki, chairman of industry consultant FGE, said in a Bloomberg TV interview

Oil rises 1% after cyber attack forces closure of US fuel jugular pipeline

Crude prices climbed more than 1% on Monday after a major cyber attack that forced the shutdown of critical fuel supply pipelines in the United States, highlighting the fragility of oil infrastructure

Oil nears $70 as data shows bigger-than-expected drop in US crude stocks

Brent crude futures were up 49 cents, or 0.7 per cent, at $69.37 barrel after touching a more than seven-week high of $69.78 earlier in the session

Oil steady as demand worries counter surprise drop in US crude stocks

Oil prices were mixed as concerns over rocky demand in Europe counterbalanced hopes of a recovery in US refinery activity as industry data showed US crude stockpiles unexpectedly fell last week

Oil dips on demand worries despite surprise drop in US crude stocks

Oil slipped for a fourth day on worries about rocky demand in Europe, even as hopes of a recovery in US refinery activity were boosted by industry data that showed US crude stockpiles fell last week

Oil prices rise amid tight supply as US output slowly returns after storm

Brent crude was up 51 cents, or 0.8%, at $63.42 a barrel

Oil prices slip after unexpected increase in US crude inventories

Brent crude futures fell 3 cents to $56.05 a barrel

Oil prices ease as Covid surge, lockdowns outweigh Chinese, US data

Brent's six-month backwardation, whereby contracts for later delivery are cheaper, fell to its lowest since Jan. 5, indicating bullish sentiment easing

Oil extends gains on vaccine hopes, shrugs off US inventory build

AstraZeneca said on Monday its COVID-19 vaccine could be up to 90% effective, providing another weapon in the fight to control the pandemic.

US oil drops as Covid-19 pandemic rages while US vote counting continues

US oil fell nearly 1% as new lockdowns went into affect in Europe raising questions over demand for crude, while ballots were still being counted in the US election, keeping markets on edge

Oil rises 4% after Trump falsely claims victory in tight US election

Oil prices rose nearly 4% after President Trump falsely claimed victory in a tight US election with millions of votes still to be counted and after data showed a large decline in US crude inventories

Oil prices rise 2% but traders brace for wild ride on US Election Day

Brent futures rose 84 cents, or 2.2 per cent, to $39.81 a barrel by 1:58 p.m.

Volatile oil prices poised for second monthly decline on Covid-19 concerns

US West Texas Intermediate (WTI) crude fell 47 cents to $35.71 after dipping to its lowest since June on Thursday at $34.92

Oil rises 1% on economic hope; coronavirus fears check price gains

Brent crude settled at $42.43 a barrel, up 51 cents, or 1.22 per cent. US West Texas Intermediate settled at $40.60 a barrel, rising 35 cents, or 0.87 per cent

Crude steady as rising European Covid-19 cases offset US oil stock draw

NEW YORK (Reuters) - Oil prices held steady on Thursday as a new wave of coronavirus cases in Europe led several countries to reimpose travel restrictions, offsetting a bullish drop in U.S. crude and fuel inventories.

Oil prices rise over 1% after US crude, fuel stockpiles draw down

Brent crude rose 53 cents, or 1.3%, to $42.25 a barrel by 10:54 a.m. EDT (1454 GMT). US West Texas Intermediate crude gained 55 cents, or 1.4%, to $40.35 a barrel

Oil falls 5% as economic outlook dims with rising coronavirus cases

Crude oil followed other equities and commodities markets in turning risk-averse on Monday as rising Covid-19 infection rates in Europe and other countries prompted renewed lockdown measures

Oil prices at five-month high on big drop in US crude stocks, weak dollar

Brent crude was up $1.50, or 3.4 per cent, at $45.93 a barrel

Oil rises after surprise drop in US inventories offsets demand concerns

Inventories of crude oil in the US dropped by 6.8 million barrels last week to 531 million barrels, data showed

Oil prices fall on US inventory build, increasing coronavirus fears

Industry group American Petroleum Institute (API) reported US crude inventories rose last week by 7.5 million barrels compared with expectations for a draw of 2.1 million