Us Oil Prices

Oil prices drop as US crude inventories jump, fuel demand worries

Gasoline stocks rose by about 846,000 barrels, while distillate stocks rose by about 1.7 million barrels, according to the sources, who spoke on condition of anonymity

Oil prices steady as optimism over recovering Chinese demand offset by US

il prices were steady on Thursday, as optimism over recovering Chinese demand was offset by U.S. oil inventories hitting their highest in months.

Oil prices settle higher amid supply disruption on Druzhba pipeline

Brent crude futures rose 72 cents to settle at $93.86 a barrel, while U.S. West Texas Intermediate crude rose $1.05 to $86.92

Oil prices fall more than 3% on US supply fears, lower China demand

Oil prices fell by more than 3% in volatile trade on Tuesday on fears of higher US supply amid an economic slowdown and lower Chinese fuel demand

Oil rises to 3-week high as OPEC+ agrees to deep cuts, US stockpiles fall

Prices also rose on US government data that showed crude and fuel inventories fell last week

Oil prices slip amid chance of Iran nuclear deal supply boost

LONDON (Reuters) - Oil dropped over $1 a barrel on Tuesday, approaching a multi-month low hit last week, pressured by the latest progress in talks to revive the 2015 Iran nuclear accord, which would eventually allow Tehran to boost exports in a tight market.

Oil prices set to end week at multi-month lows on recession fears

LONDON (Reuters) -Oil prices slipped on Friday and were near their lowest levels since February as concerns over a possible recession and a fall in fuel demand continued to rattle markets.

Oil prices stabilise after drop to near 6-month low based on supply fears

LONDON (Reuters) -Oil prices were broadly steady on Thursday as the market weighed tight supply against fears of a demand slowdown, after a build in U.S. crude and gasoline stocks sent prices to multi-month lows in the previous session.

Oil prices edge up on supply concerns after drop to near 6-month low

(Reuters) -Oil prices rose on Thursday as supply concerns triggered a rebound from multi-month lows plumbed in the previous session after U.S. data signalled weak fuel demand.

Oil rally to stall as recession risks counter tight supplies, says poll

(Reuters) - A rally in oil prices could stall as recession fears and COVID flare-ups in China slow demand and counter supply risks from sanctions on Russia and OPEC+ output constraints, a Reuters poll showed on Friday.

Oil extends gains as risk appetite improves, US inventories fall

LONDON (Reuters) - Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors as lower crude inventories and a rebound in gasoline demand in the United States supported prices.

Oil extends gains by over $1 as risk appetite improves, US inventories fall

Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors as lower crude inventories and a rebound in gasoline demand

Oil prices tumble more than $4 ahead of potential large US rate hike

LONDON (Reuters) -Oil prices fell more than $4 on Thursday as investors focused on the prospect of a large U.S. rate hike later this month that could stem inflation but at the same time hit oil demand.

Oil prices tumble more than $2 ahead of potential large US rate hike

LONDON (Reuters) -Oil prices fell more than $2 on Thursday as investors focused on the prospect of a large U.S. rate hike later this month that could stem inflation but at the same time hit oil demand.

Crude oil edges higher after slide below $100 ahead of US inflation data

LONDON (Reuters) -Oil edged up on Wednesday, a day after settling below $100 a barrel for the first time since April, and gains were limited by a U.S. supply report showing rising inventories and caution ahead of U.S. inflation data.

Oil prices rise for 4th day on supply worries as US inventories down

Oil prices are increasing for the fourth consecutive day amid supply crisis amongst US inventories and fear on market recession

Oil prices fall after US rate hike, but tight supply still in focus

Oil prices have taken a dive after US decided on an interest rate hike. The hike increased by the Fed Reserve by 2% overnight is the highest in more than a two and a half decades

Oil price surge fans inflation fears, weakens US, European stocks

LONDON (Reuters) - European shares opened weaker on Tuesday and Wall Street was tipped for a fall, as surging oil prices fanned fears of further acceleration in global inflation, forcing the U.S. Federal Reserve and other central banks to keep raising interest rates.

Oil prices jump 3% to 2-month high as EU seeks to ban Russian supply

NEW YORK (Reuters) -Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S. summer driving season, as the European Union (EU) wrangled with Hungary over plans to ban crude imports from Russia over its invasion of Ukraine.

Oil prices recoup losses based on renewed supply worries, dollar weakness

NEW YORK (Reuters) -Oil prices rebounded from earlier losses on Thursday as Chinese officials planned to ease restrictions in Shanghai, which could further tighten global energy supply, and as the dollar retreated from recent gains.