Page 4 - Us Oil Prices

Oil prices gain as storm shuts US output, progress in Covid-19 treatment

Brent crude was up 32 cents, or 0.7 per cent, at $44.67 a barrel by 0753 GMT. US West Texas Intermediate crude rose 31 cents, or 0.7 per cent, to $42.65

China ramps up US oil purchases ahead of trade deal review: Report

China had emerged as a top U.S. crude buyer, taking $5.42 billion worth in 2018 before trade tensions brought flows to a near halt

Oil prices slide as surge in Covid-19 cases weighs on demand outlook

US West Texas Intermediate crude futures were down 70 cents, or 1.7 per cent, at $40.57 a barrel

Oil prices mixed as coronavirus spike casts shadow over US demand

OPEC and allies including Russia, collectively known as OPEC+, have pledged to slash production by a record 9.7 million barrels per day (bpd) for a third month in July

Why all eyes will be on the expiry of Brent oil futures this week

Analysts and investors have been wondering if the same will happen to Europe's Brent oil futures

Coronavirus: In heavy debt, US oil firms hit hardest as prices collapse

Major issuers of junk bonds to finance expansion, US energy companies are in deep trouble now

Oil prices ease as focus shifts from Iran tensions to US crude build

JPMorgan analysts maintained their forecast for Brent to average $64.50 a barrel this year

Oil prices slide 4% on concerns of slowing demand, equity rally caps losses

Crude inventories rose 6.8 million barrels in the week to May 31, compared with analyst expectations for a decrease of 849,000 barrels

Govt cannot ensure cheaper oil to India, says US commerce secretary

Ross is in India to participate in a trade forum

US oil boom delivers costly surprise; traders counting hefty losses

Trading desks of oil major BP and merchants Vitol, Gunvor and Trafigura have recorded losses in the tens of millions of dollars each

US crude hits 3.5-year high on supply concern due to Iran sanctions

The United States this week demanded countries halt imports of Iranian oil from November, a hardline position the Trump administration hopes will cut off funding to Tehran

Trump accuses Opec of 'artificially' boosting oil prices; cartel hits back

Several members of the OPEC responded to Trump's tweet, saying prices were not artificially inflated

US oil prices hits highest since 2014, worries grow of overheated market

Last November, Opec along with Russia and a group of other producers extended an output-cutting deal to cover all of 2018

As output falls to 9.75 mbpd, US WTI crude jumps back above $60 per barrel

US output is still up by almost 16% since mid-2016

US oil dips on increased drilling, but Opec cuts support global markets

The deal to cut output expires in March 2018, but Opec will meet on November 30 to discuss its policy, with most analysts expecting some form of agreement to extend the cuts

US crude tops 2-yr high as Keystone outage hits supply

US West Texas Intermediate crude futures hit $58.92 a barrel, their highest since July 2015

US oil prices near two-year high on pipeline shutdown, falling inventories

WTI has been buoyed by the shutdown of the 590,000 bpd Keystone pipeline, one of the largest crude pipelines from Canada to the United States