The price of benchmark crude West Texas Intermediate (WTI) fell for the second successive session, trading around $72.50 a barrel in Asian markets on...
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West Texas Intermediate (WTI) recovered its intraday losses, trading around $80.00 per barrel in European markets on Wednesday. The decline in the US Dollar contributed support for the crude demand, underpinning the oil prices. Additionally, the oil price has support due to the declining U.S. stockpiles, the world’s largest oil producer and consumer. The American Petroleum Institute (API) reported a decline of 4.4 mln barrels in weekly crude oil stock for the week ending July 12. Analysts surveyed by Reuters had estimated a smaller decrease of 33,000 barrels. The US Energy Information Administration (EIA) will release its official storage report
The price of benchmark crude West Texas Intermediate (WTI) fell for the second successive session, trading around $72.50 a barrel in Asian markets on...
Oil prices steadied on Thursday, after two losing sessions as supply concerns over Libya returned, while a smaller-than-expected draw in US crude...
U.S. crude oil and product inventories were expected to have fallen last week, a preliminary Reuters poll showed on Monday. Four analysts polled by...
The benchmark US crude oil West Texas Intermediate is trading lower at $75.10 on Wednesday as investors are concerned about slower economic growth in...
HOUSTON: Brent crude oil prices fell by US$1 a barrel to US$72.75 on Wednesday because of pessimism about demand in the coming months as crude...
HOUSTON: Brent crude oil prices fell by US$1 a barrel to US$72.75 on Wednesday because of pessimism about demand in the coming months as crude...
Brent oil prices slid in Asian trade on Tuesday as concern about a sluggish economy in China bringing down demand outweighed the impact of a blockade...
US weekly ethanol production decreased by 27,000 barrels per day to 1.071 million bpd in the week to Friday August 23, according to data published by...
Expected price cuts for Saudi crude grades sold to Asia in October, ranging from 50 to 70 cents per barrel, are influenced by declining Dubai...
The Nigerian Navy on Friday said that Nigeria’s crude oil production as at August 14, 2024 stood at 1.658 million barrels per day, saying that this...