Oil Prices Surge to Highest Since April Amid Declining U.S. Inventories

July 4 (Reuters) – Brent crude oil prices reached their highest levels since April on Thursday, maintaining above $87 a barrel after U.S. inventory data revealed a significant drawdown. Brent crude futures rose by 21 cents to $87.55 per barrel, while U.S. West Texas Intermediate (WTI) increased by 18 cents to $84.06. In the previous […]

Oil prices near two-month high on Middle East, Hurricane Beryl concerns

hindustantimes.com - 02/Jul 09:51

Brent crude futures rose 51 cents, or 0.59%, to $87.11 a barrel by 0845 GMT. US West Texas Intermediate (WTI) crude was up 51 cents, or 0.61%, at...

Brent crude trades above US$87 a barrel

thestar.com.my - 04/Jul 23:22

Oil prices for Brent crude hit their highest level since April on Thursday, holding above US$87 after data the previous day showed a decline in...

Increasing U.S. gasoline inventories are reducing gasoline prices

cyprusshippingnews.com - 05/Jul 06:29

Weekly U.S. average gasoline prices have declined 19 cents per gallon (gal) since the 2024 high on April 22, falling to $3.48/gal on July 1, five...

Wall Street drifts ahead of jobs data, while oil prices keep climbing

washingtontimes.com - 02/Jul 13:50

U.S. stocks are drifting Tuesday ahead of a report that may show whether the job market is cooling as much as Wall Street hopes it does. Crude oil...

Oil traders expect large inventory draw in third quarter

shippingherald.com - 01/Jul 06:47

Crude markets have exhibited an increasing disconnect this month between rising spot prices and calendar spreads on the one hand and swelling...

U.S. Crude Benchmark Pops 2.5% on Summer Demand, Geopolitics – OilPrice.com

canadanewsmedia.ca - 02/Jul 02:50

U.S. Crude Benchmark Pops 2.5% on Summer Demand, Geopolitics | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related...

Kuwait oil price up to 88.67 USD pb

varabnewsexpress.ae - 05/Jul 00:00

The price of Kuwaiti oil went up 21 cents to USD 88.67 pb on Thursday, compared to USD 88.46 pb the day before, said Kuwait Petroleum Corporation...

WTI crude futures settle higher

thestar.com.my - 24/Jun 20:14

NEW YORK, June 24 (Xinhua) -- Oil prices advanced on Monday. Read full story

Mining input costs decelerate in May despite year-on-year surge

dailynews.co.za - 04/Jul 19:19

Although South African mining companies registered a 6.6% year-on-year rise in input costs, there was a 0.6 percentage point deceleration on a...

Governor Newsom’s Unpopularity Might Have Something To Do With His Extreme Mandates That Make Life Unaffordable – OpEd

eurasiareview.com - 01/Jul 22:52

California’s emission mandates do an excellent job of increasing the cost of electricity, products, and fuels to its citizens. In California, the...

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