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Page 2 - Us Oil Prices

Oil prices recoup early losses on China hopes, global supply fears

TOKYO (Reuters) -Oil prices rose on Thursday, recovering from early losses, on hopes that planned easing of restrictions in Shanghai could improve fuel demand while lingering concerns over tight global supplies outweighed fears of slower economic growth.

Oil prices recoup early losses on China hopes, global supply fears
Updated On : 19 May 2022 | 4:33 PM IST

Oil prices rise on China demand recovery expectations, supply concerns

LONDON (Reuters) - Oil prices rose on Wednesday on expectations that easing COVID-19 restrictions in China will boost demand and as supply concerns grew.

Oil prices rise on China demand recovery expectations, supply concerns
Updated On : 18 May 2022 | 4:50 PM IST

Oil prices under pressure amid recession fears dogging financial markets

, LONDON (Reuters) -Oil prices fell on Thursday in a volatile week as recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe.

Oil prices under pressure amid recession fears dogging financial markets
Updated On : 12 May 2022 | 8:04 PM IST

US oil dips below $100 pressured by economic worries, strong dollar

Wall Street's main indexes also turned lower in volatile trading on concerns over aggressive monetary tightening and slowing economic growth.

US oil dips below $100 pressured by economic worries, strong dollar
Updated On : 10 May 2022 | 10:49 PM IST

Wall Street set to open higher, oil prices extend losses for second day

European stock indexes rose on Tuesday as risk appetite showed some signs of picking up again after Monday's sharp falls, but fears over economic growth still weighed on markets

Wall Street set to open higher, oil prices extend losses for second day
Updated On : 10 May 2022 | 5:04 PM IST

Oil prices dive as US considers record reserve release of 180 mn barrels

Brent crude futures for May fell $4.87, or 4.3%, to $108.58 a barrel by 0855 GMT

Oil prices dive as US considers record reserve release of 180 mn barrels
Updated On : 31 Mar 2022 | 4:13 PM IST

Biden admin weighs largest ever draw from emergency oil reserve: Report

The Biden administration is considering releasing up to 180 million barrels of oil over several months from the Strategic Petroleum Reserve (SPR), reports Reuters

Biden admin weighs largest ever draw from emergency oil reserve: Report
Updated On : 31 Mar 2022 | 8:56 AM IST

Ukraine crisis: Oil shock is coming, but US may have already paid for it

The war in Ukraine is a shock, they note, but one the United States may have unintentionally insured itself against.

Ukraine crisis: Oil shock is coming, but US may have already paid for it
Updated On : 10 Mar 2022 | 9:38 PM IST

Oil prices fall 0.4% on fresh hope of diplomacy over Ukraine crisis

Brent crude slipped to $93.14 a barrel at 0730 GMT, down 40 cents or 0.4%, after earlier touching $95

Oil prices fall 0.4% on fresh hope of diplomacy over Ukraine crisis
Updated On : 21 Feb 2022 | 2:13 PM IST

Oil prices drop on potential for US-Iran talks to add crude supplies

Investors are closely watching the outcome of U.S.-Iran nuclear talks which resumed this week. A deal could lift U.S. sanctions on Iranian oil and ease global supply tightness

Oil prices drop on potential for US-Iran talks to add crude supplies
Updated On : 10 Feb 2022 | 2:20 PM IST

World stocks gain ahead of Fed meet, oil watches Russia-Ukraine

MSCI's broadest index of Asia-Pacific shares outside Japan was unchanged, after sharp losses earlier in the week

World stocks gain ahead of Fed meet, oil watches Russia-Ukraine
Updated On : 26 Jan 2022 | 6:28 PM IST

Oil prices rise as fuel demand surges in top consumer United States

Oil prices rose as US implied consumer petroleum demand surged to a record high in the world's top oil consumer

Oil prices rise as fuel demand surges in top consumer United States
Updated On : 16 Dec 2021 | 8:49 AM IST

US sells 18 mn barrels of oil from strategic reserve to reduce prices

The Energy Department announced the first sale of 18 million barrels of oil from the US Strategic Petroleum Reserve (SPR) aimed at reducing pump prices of fuel that had hit seven-year highs

US sells 18 mn barrels of oil from strategic reserve to reduce prices
Updated On : 11 Dec 2021 | 12:38 PM IST

US energy chief says oil reserve is a tool to meet short-term supply crunch

The US emergency oil reserve is a tool available to Washington to address unusual short-term mismatches between oil supply and demand, Energy Secretary Jennifer Granholm said

US energy chief says oil reserve is a tool to meet short-term supply crunch
Updated On : 01 Dec 2021 | 9:58 AM IST

Equities, oil prices, US Treasury yields all drop on Covid variant fears

Shares tumbled on Wall Street on Friday as they reopened after Thanksgiving, while European stocks saw their biggest sell-off in 17 months

Equities, oil prices, US Treasury yields all drop on Covid variant fears
Updated On : 27 Nov 2021 | 7:50 AM IST

House Democrats urge Biden to release oil reserves, put a ban on exports

Democrats in the House of Representatives urged President Joe Biden to release crude oil from the US Strategic Petroleum Reserve (SPR)

House Democrats urge Biden to release oil reserves, put a ban on exports
Updated On : 23 Nov 2021 | 10:49 AM IST

US set to unveil oil release from emergency stockpile to lower prices

The United States is expected to announce a loan of crude oil from its emergency stockpile on Tuesday

US set to unveil oil release from emergency stockpile to lower prices
Updated On : 23 Nov 2021 | 9:35 AM IST

Oil prices stabilise after swings on prospect of crude stockpiles release

Brent crude was up 28 cents or 0.3% at $81.52 a barrel by 0145 GMT, after falling to a six-week low on Thursday before rebounding to close 1.2% higher.

Oil prices stabilise after swings on prospect of crude stockpiles release
Updated On : 19 Nov 2021 | 9:00 AM IST

Oil hovers above six-week low as China readies crude reserve release

Washington's bid to cool markets, asking China to join a coordinated action for the first time, comes as high gasoline prices and other inflationary pressures have sparked a political backlash.

Oil hovers above six-week low as China readies crude reserve release
Updated On : 19 Nov 2021 | 7:42 AM IST

Oil edges up on rising demand forecasts, ahead of US price outlook

The rally came ahead of the U.S. Energy Information Administration's (EIA) release of oil and gasoline price predictions

Oil edges up on rising demand forecasts, ahead of US price outlook
Updated On : 10 Nov 2021 | 2:00 AM IST