Oil Rates Fall 2% as US Refiners Ramp Up Output, Equities Retreat
Oil prices reversed course and fell over 2 per cent after the government as per data showed US refiners ramped up output, easing worries of...
Tag : US West Texas Intermediate (WTI)
Oil Prices Fall for 3% Weekly on Emergency Stocks
On Friday, Oil prices inched up but were set to fall around 3 per cent for the week after consuming countries agreed to release 240...
Oil Prices Slide by About $4 Per Barrel
Last week oil price declined to fall by about $4 a barrel after a US official said Russia was showing signs it might be willing...
Oil Prices Rises as Market Weighs OPEC Filling Russia Supply Gap
On Thursday, Oil prices followed a sharp drop in the previous session as the market contemplated whether major producers would boost supply to help plug...
US Oil Prices Rise to Highest Since 2014
On Wednesday, US oil prices rose for a fifth day to their highest since 2014 amid global concerns about energy supply on signs of tightness...
Oil Prices Rise to Six Week High as US Supply
On Monday, Oil prices rose to a six-week high as US output remains slow to return two weeks after Hurricane Ida slammed into the Gulf...
Oil Price Extends Losses as Investors Brace for More Supplies
On Thursday, Oil prices went down more than 1 per cent, which extended losses as investors braced for more supplies following a compromise between top...
Oil Drops in Volatile Trade as Investors Inquire OPEC Clarity
Oil prices fell more than $1 a barrel on July 7 in another trading session. Crude markets have been active over the last two days...
Oil Prices Rise After Steep Drop in US Crude Inventories
On Wednesday, Oil prices have extended gains from the previous session after industry data indicated US crude stocks fell much more than expected last week,...