Browsing: Crude Oil
Oil prices rose as U.S. demand surged, with crude stocks falling 6M barrels. Brent hit $67.25 and WTI $63.16, while sanctions and tariffs add pressure.
Oil prices rose 0.7% to $66.23 as U.S. crude stocks fell 2.42M barrels, while Ukraine peace talks stalled and BP’s Whiting refinery faced storm-related disruptions.
Oil dips 0.7% to $66.12 as U.S.-Russia-Ukraine talks raise hopes of sanctions relief, easing supply risks and pointing toward $58 forecasts for 2025.
Oil prices slip nearly $1 as weak Chinese data, rising OPEC+ supply, and U.S. rate pressures weigh on demand, with a surplus of 890,000 barrels forecast.
Oil prices fall for the fourth session as OPEC+ adds 547K bpd, raising supply concerns. Economic slowdown and U.S. tariffs weigh on global demand outlook.
Oil dips to $69.49 as OPEC+ announces a 547,000 bpd output hike for September. Russia sanctions and Indian oil demand add uncertainty to global supply outlook.
Oil climbs 1% as U.S. crude stocks fall by 3.2M barrels and trade optimism grows. EU, Japan deals support sentiment, while geopolitical risks linger.
Oil climbs as U.S. crude inventories drop by 3.9M barrels and China reports strong fuel demand. Trade optimism lifts market after 3-day losing streak.
Oil prices edge higher on strong U.S. and China demand, with Brent at $68.84. But global growth concerns and tariff tensions keep gains in check.
Oil prices dip to $69 as OPEC+ plans a 548K BPD output increase for August while traders assess U.S. tariffs and potential global demand impacts.
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