Oil prices fall on rising US crude stocks, hawkish Fed comments
Oil prices fell 1% on Wednesday, ending three days of gains, as industry sources pointed to rising U.S. crude stockpiles and hawkish remarks from Fed Chair Jerome Powell that signalled slower rate cuts this year.
Crude oil price today: WTI price bullish, according to FXStreet data
West Texas Intermediate (WTI) Oil price advances on Tuesday, according to FXStreet data. WTI trades at $72.92 per barrel, up from Monday’s close at $72.19. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $75.81 price posted on Monday, and trading at $76.60.
Crude Oil Price Outlook – Crude Continues to Recover
The crude oil market is strong in the early hours of Monday, as the market continues to try to recover from the recent fall that we have seen. Traders continue to watch economic numbers, GDP, and central banks at the same time.
Oil prices retreat after climb in US crude stockpiles expected
Oil prices lost ground on Wednesday after sources said industry data would show an increase in U.S. crude stockpiles, but stronger refining margins limited losses. Brent futures fell 52 cents or 0.7% to $76.
Large Unexpected Crude Build Sinks Oil Prices
Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil
Crude Oil Price Outlook – Crude Continues to Look for the Floor
The crude oil market continues to see a lot of choppy noise, but at this point in time, it looks like the market is about to try to recover.
Oil falls on rising US crude stocks, hawkish Fed comments on inflation
Brent futures were down 77 cents or 1 per cent at $76.23 a barrel by 1230 GMT, while US West Texas Intermediate (WTI) crude dropped 88 cents or 1.20 per cent to $72.44 a barrel
Oil prices drop after industry data shows big rise in U.S. crude inventories
Oil futures fell Wednesday, threatening to end a three-day winning streak, after industry data showed a large rise in U.S. crude inventories.
Oil prices retreat after report of U.S. crude stockpile rise
Oil prices edged down on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on sentiment, though stronger refining margins limited the market's downside.
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Oil (Brent) Price
There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a ...
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Oil (WTI) Price
There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a ...
Oil prices to see little upside as weak demand, supply glut concerns persist
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...