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.
Huge Jump in Crude inventories Caps Oil Prices
The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by a massive 9.043 million barrels for the week ending January 31
Crude oil price today: WTI price bearish, according to FXStreet data
What is WTI Oil? WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude
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.
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 fell on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on sentiment, paring back three days of gains driven by increasing Middle East tensions and intensifying sanctions.
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Macquarie Strategists Forecast US Crude Inventory Build of Over 7MM Barrels
Macquarie strategists are forecasting that U.S. crude inventories will be up by 7.2 million barrels for the week ending ...
money.rediff43m
Petrobras Signs Oil Deals with BPCL, OVL, Oil India
Petrobras has signed agreements with BPCL for crude oil supply, and ONGC Videsh and Oil India for oil and gas exploration ...
Crude Oil Prices7d
Crude and Gasoline Inventories Soar Amid Large Draw in Distillate Stocks
Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, ...
Bipartisan groups in Congress introduce bill to protect strategic petroleum reserve
A bipartisan group of U.S. senators introduced a bill to limit, not prohibit, the sale of crude oil from the U.S. Strategic ...
BPCL, Petrobras ink crude oil supply agreement to strengthen India-Brazil energy ties
BPCL signs term deal with Petrobras for 6 million barrels of crude oil, enhancing India's energy security and global ...
energy.economictimes.indiatimes1h
BPCL, SCI ink MoU to develop dedicated maritime network for crude and petroleum transport
State-run Bharat Petroleum Corporation Limited (BPCL) and the Shipping Corporation of India (SCI) signed a Memorandum of ...