Crude oil prices are on track for weekly gains despite geopolitical headwinds, inventory builds, and fluctuating expectations of a US-Russia peace deal that could ease sanctions on Moscow.
Crude oil futures edged higher as near-term supply concerns were partly offset by a larger than expected rise in U.S. crude stockpiles despite a drop in net imports.
Oil futures ended higher Thursday, with investors shaking off a larger-than-expected rise in U.S. crude inventories.
Oil prices settled higher on Thursday, marking a three-day streak of gains, after data showed gasoline and distillate ...
The Energy Information Administration at midday estimated U.S. commercial crude oil stocks rose by 4.6 million bbl in the week ended Friday. The agency also reported domestic distillate stocks fell ...
U.S. crude oil inventories increased by more than expected last week in a fourth consecutive build, while product stocks ...
The American Petroleum Institute is due to release weekly data on inventories Thursday. Analysts surveyed by S&P Global Commodity Insights, on average, look for U.S. crude inventories to show a rise ...
Oil prices continue to rise as concerns over supply disruptions in Russia intensify. WTI crude oil (CL) trades around $71.80, which extended its rally after Ukrainian drone attacks targeted a major ...
U.S. crude stocks rose by 3.34 million barrels last week market sources said, citing American Petroleum Institute figures, on ...
Oil futures rose Wednesday, finding support on curtailed supply from Russia as traders also monitor talks aimed at ending the war in Ukraine.
India’s energy deal with the US comes at a time when Russia – its top import source – has seen the largest round of sanctions ...
Investors see a lower risk premium in crude, leading to selling pressure in the oil market. As a result, oil prices have ...