Oil prices down 1% as US crude stocks rise, hawkish Fed comments weigh
Oil prices fell more than 1% a barrel on Wednesday, on track to end three days of gains after data showed U.S. crude stockpiles rose by more than expected last week, and hawkish remarks from the Federal Reserve chair.
Oil prices decline as U.S. crude supplies climb for a third week in a row
Oil futures looked to post a loss Wednesday, their first in four sessions, after official U.S. data revealed a third straight weekly climb in U.S. crude supplies.
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 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.
Oil prices fall, pressured by hawkish Fed and rise in weekly U.S. crude supplies
Crude's weakness on Wednesday “stems from the Federal Reserve keeping a hawkish outlook in place despite President \[Donald\] Trump’s request for the Fed to cut rates in order to spur investment from the economy,
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
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.
U.S. Crude Oil Stockpiles Rise For Third Straight Week
U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three months, according to data released by the U.S. Energy Information Administration.
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Oil (WTI) Price
1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 532.50 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.72 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 ...
Crude Oil Price Forecast: Crude Oil Reclaims $72.83, Targets Higher Resistance Levels
Crude oil reclaimed the 50-Day MA at $72.83, signaling strength. Watch resistance between $74.60-$74.89 and potential support at $70.91.
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