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Oil Prices Rise Amid Escalating Middle East Tensions
Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market.
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Oil Slides 2% On Rising U.S. Fuel Stocks And Output
Oil prices slid about 2% on Wednesday as a rise in U.S. gasoline and distillate inventories and worries about slower economic growth around the world offset ongoing concerns about tight crude supplies.
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Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
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Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
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India Says It Is Exploring Ways To Support IEA Members' Oil Release
India said it was examining ways to support decisions by the International Energy Agency (IEA) member countries to release crude from their national inventories to calm rising global prices.
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Oil Dips On Russia-Ukraine Talks, U.S. Inventory Data
Oil lost ground for the fifth time in the last six days on Wednesday as traders reacted to hoped-for progress in Russia-Ukraine peace talks
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Oil Prices Edge Higher As US Oil Inventories Fall
In the United States, the average number of daily confirmed coronavirus cases hit a record high of 258,312 over the last seven days, a Reuters tally on Wednesday found.
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Oil Prices Climb Again As U.S. Inventories Fall
Asset classes from oil to equities have clawed back losses from late November, when the Omicron variant of COVID-19 sent investors scurrying for safety.
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Brent Near $80 As Market Shrugs Off Omicron
Brent crude was trading near $80 a barrel despite the rapid spread of the Omicron coronavirus variant, mainly supported by supply outages and expectations that U.S. inventories fell last week.
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Oil Prices Rally On Inventory Drawdown, Casting Omicron Caution To The Wind
U.S. inventories fell more than expected, with crude stocks down by 4.7 million barrels, though that is in part due to year-end tax considerations that encourage companies not to store crude barrels.
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Oil Drops More Than 1% As U.S. Stockpiles Rise Sharply
Crude oil inventories rose by 4.3 million barrels last week, according to the U.S. Energy Department, more than the expected 1.9 million-barrel gain.
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Oil Extends Rally, Rises Over 1% On U.S. Fuel Demand Recovery
Refiners have ramped up production to 92.4% of operable capacity, the highest since late June, helping send U.S. crude inventories to the lowest since January 2020.
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Oil Extends Rally, Rises Over 1% On U.S. Fuel Demand Recovery
Refiners have ramped up production to 92.4% of operable capacity, the highest since late June, helping send U.S. crude inventories to the lowest since January 2020.
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Oil Prices Slip As U.S. Inventory Build Stokes Fears Of Supply Glut
Crude inventories rose by 584,000 barrels in the week to Oct. 16 to about 490.6 million barrels, data from industry group the American Petroleum Institute showed.
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Crude Oil Prices Steady As Investors Avoid Risk Assets On Equities Decline
Both global benchmark oil futures fell sharply on Wednesday after crude and gasoline inventories in the United States rose unexpectedly.
-
Oil Prices Rise Amid Escalating Middle East Tensions
Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market.
-
Oil Slides 2% On Rising U.S. Fuel Stocks And Output
Oil prices slid about 2% on Wednesday as a rise in U.S. gasoline and distillate inventories and worries about slower economic growth around the world offset ongoing concerns about tight crude supplies.
-
Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
-
Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
-
India Says It Is Exploring Ways To Support IEA Members' Oil Release
India said it was examining ways to support decisions by the International Energy Agency (IEA) member countries to release crude from their national inventories to calm rising global prices.
-
Oil Dips On Russia-Ukraine Talks, U.S. Inventory Data
Oil lost ground for the fifth time in the last six days on Wednesday as traders reacted to hoped-for progress in Russia-Ukraine peace talks
-
Oil Prices Edge Higher As US Oil Inventories Fall
In the United States, the average number of daily confirmed coronavirus cases hit a record high of 258,312 over the last seven days, a Reuters tally on Wednesday found.
-
Oil Prices Climb Again As U.S. Inventories Fall
Asset classes from oil to equities have clawed back losses from late November, when the Omicron variant of COVID-19 sent investors scurrying for safety.
-
Brent Near $80 As Market Shrugs Off Omicron
Brent crude was trading near $80 a barrel despite the rapid spread of the Omicron coronavirus variant, mainly supported by supply outages and expectations that U.S. inventories fell last week.
-
Oil Prices Rally On Inventory Drawdown, Casting Omicron Caution To The Wind
U.S. inventories fell more than expected, with crude stocks down by 4.7 million barrels, though that is in part due to year-end tax considerations that encourage companies not to store crude barrels.
-
Oil Drops More Than 1% As U.S. Stockpiles Rise Sharply
Crude oil inventories rose by 4.3 million barrels last week, according to the U.S. Energy Department, more than the expected 1.9 million-barrel gain.
-
Oil Extends Rally, Rises Over 1% On U.S. Fuel Demand Recovery
Refiners have ramped up production to 92.4% of operable capacity, the highest since late June, helping send U.S. crude inventories to the lowest since January 2020.
-
Oil Extends Rally, Rises Over 1% On U.S. Fuel Demand Recovery
Refiners have ramped up production to 92.4% of operable capacity, the highest since late June, helping send U.S. crude inventories to the lowest since January 2020.
-
Oil Prices Slip As U.S. Inventory Build Stokes Fears Of Supply Glut
Crude inventories rose by 584,000 barrels in the week to Oct. 16 to about 490.6 million barrels, data from industry group the American Petroleum Institute showed.
-
Crude Oil Prices Steady As Investors Avoid Risk Assets On Equities Decline
Both global benchmark oil futures fell sharply on Wednesday after crude and gasoline inventories in the United States rose unexpectedly.
