Oil prices fell slightly on Friday as investors weighed weak U.S. consumer confidence against rising hopes for a Fed interest rate cut …
News
-
-
Energy | PetroleumNews
Oil rises as U.S. inflation eases, and is set for weekly declines
by BUNKERISTby BUNKERISTOil prices rose slightly on Friday amid signs that inflationary pressures are easing in the United States, the world’s largest oil consumer, …
-
Energy | PetroleumNews
Oil prices rise as inventories fall as U.S. refiners ramp up product processing
by BUNKERISTby BUNKERISTOil prices rose Thursday after crude and gasoline inventories fell as U.S. refineries increased processing, signaling stronger demand. Brent futures rose 62 …
-
Energy | PetroleumNews
Oil rises on expectations that US crude and gasoline stocks will fall
by BUNKERISTby BUNKERISTOil prices rose Wednesday on expectations that U.S. crude and gasoline inventories fell last week. However, gains were limited as the hurricane …
-
Energy | PetroleumNews
Oil prices fall more than 1% after Beryl’s lighter-than-expected damage
by BUNKERISTby BUNKERISTOil prices fell more than 1 percent on Tuesday after traders learned that prolonged supply disruptions were unlikely after the oil-producing hub …
-
-
Energy | PetroleumNews
Oil prices fell on Friday but are on track for a fourth straight week of gains
by BUNKERISTby BUNKERISTOil prices fell on Friday but are on track for a fourth straight week of gains, near their highest levels since late …
-
Energy | PetroleumNews
Oil falls on weaker demand expectations, signals cooling economy of world’s largest oil consumer
by BUNKERISTby BUNKERISTU.S. employment and jobs data weaker than forecast, and signaled cooling economy of world’s largest oil consumer. Oil prices fell on Thursday. …
-
Energy | PetroleumNews
Oil rises as US crude inventories fall, Middle East tensions rise
by BUNKERISTby BUNKERISTOil prices rose on Wednesday after data showed a bigger-than-expected drop in US crude inventories, with rising tensions in the Middle East …
-
Energy | PetroleumNews
Oil near two-month peak on summer demand, possible U.S. rate cut
by BUNKERISTby BUNKERISTOil prices were little changed on Tuesday, remaining near two-month highs in the previous session on expectations of higher fuel demand from …