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Oil prices sink on surprise US inventory build; Middle East peace talks eyed
Investing.com-- Oil prices fell sharply Wednesday, extending recent losses as an unexpected build in U.S. stockpiles and strong crude production sparked doubts over tight supply conditions ahead of the Fed meeting.
Oil prices drop amid rising inventories, diplomatic push for Gaza ceasefire
Oil prices have been on a decline over optimism over a possible ceasefire between Hamas and Israel and rising crude inventories.
Gas prices crept up this week, but not by much as oil prices fell
Oil prices decreased, helping to ensure prices didn’t spike too high. Within the last few weeks, tensions in the Middle East have driven oil prices up, but this week, the cost o
Supply concerns continue to support oil prices
Supply concerns stemming from continued tensions in the Middle East provided support for oil prices this week.
Oil prices ends lower as weekly U.S. crude supplies rise by over 7 million barrels
Oil futures fell for a third straight session on Wednesday, settling at their lowest level since mid-March, after official U.S. data revealed an unexpected weekly rise of more than 7 million barrels in domestic crude inventories.
Oil falls to 7-week low on surprise US storage build, Middle East hopes
Oil prices fell about 3% to a seven-week low on Wednesday on a surprise build in U.S. crude stocks, the prospect of a Middle East ceasefire agreement and as hopes faded for near-term U.S. interest rate cuts that could boost oil demand.
Crude oil near two-month low as US inventories rise on worries over demand
Crude oil futures are down 3% overnight and 8% over the month, trading near two-month lows on signs of weak US demand and easing tensions in middle east. According to the latest report by EIA, US inventories in the previous week increased by 7.
Oil prices fall after industry data points to rise in U.S. crude inventories
Oil futures were down for a third straight day early Wednesday after industry data pointed to an unexpected rise in U.S. crude inventories and investors continued to monitor negotiations for a cease-fire between Israel and Hamas.
Oil prices tumble to seven-week lows on surprise build in U.S. crude stocks
Crude oil futures fell to their lowest in seven weeks Wednesday following U.S. data that showed a surprise and sharp weekly build in crude stocks, as exports fell and refineries reduced their capacity use.
13d
on MSN
Oil prices jump $3/bbl on unconfirmed reports of explosions in Iran
Oil prices jumped $3 a barrel on Friday in reaction to unconfirmed reports on X that explosions had occurred in Iran, ...
13d
on MSN
Oil prices jump, U.S. stock futures sink on reports of explosions heard in Iran
Crude oil prices jumped and U.S. stock futures sank Thursday night following reports of explosions in a city in western Iran, ...
Yahoo Finance
5h
Gas prices falling across Missouri, Kansas, for now
KANSAS CITY, Mo. — Gas
prices
are falling around Kansas City by as much as 5 to 8 cents in the last week. “Missouri ...
12d
Iran attack: oil prices steady after jump, airlines react
STORY: Oil steadied on Friday (April 19) after prices spiked earlier on reports that Israel had attacked Iran. Market fears ...
shorenewsnetwork
21h
Biden Keeps Relying On Murderous Dictators To Keep Oil Prices Down As Elections Draw Near
The Biden administration continues to rely on hostile regimes to keep oil prices down in the months leading up to pivotal elections.
Reuters
14h
US oil and gas production rebounds after winter storm
LONDON, May 1 (Reuters) - U.S.
oil
and gas production rebounded sharply in February after extensive disruption the previous month caused by freezing wells and other outages stemming from Winter ...
9d
on MSN
Big jump in oil and gas jobs in Coastal Bend
CORPUS CHRISTI, Texas — According to the Texas Workforce Commission, employment in the upstream sector of the Texas oil and ...
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