Oil prices slip as OPEC+ mulls delay to output increase
WEB1 day ago — Energy category Oil prices up 1% on big storage withdrawal, delay in OPEC+ production hike 3:40 PM UTC. category US crude stockpiles fall to 1-year low as imports fall, EIA says 4:07 PM UTC.
Oil prices hold at 14-month low as demand worries offset big US …
WEB1 day ago — By Scott DiSavino. NEW YORK (Reuters) -Oil prices edged up about 1% on Thursday on a bigger-than-expected withdrawal from U.S. inventories and a delay to output increases by OPEC+ producers after ...
Oil prices slip as OPEC+ mulls delay to output increase
WEB1 day ago — Oil prices fell in choppy trading on Wednesday after sources from OPEC+ told Reuters the producer group was discussing delaying a planned output increase in October, amid demand concerns and a possible return of Libyan production. Both benchmarks had earlier lost $1 and then bounced back to gain $1 from Tuesday's closes, following the OPEC+ news. A broader sell-off had seen prices for Brent ...
Brent crude trades above $87, sets highest levels since April
WEBJul 4, 2024 — Oil prices for Brent crude hit their highest level since April on Thursday, holding above $87 after data the previous day showed a decline in U.S. inventories.
Oil prices slip after data points to cooling U.S. economy
WEBJul 4, 2024 — Brent crude futures were down 30 cents, or 0.34%, at $87.04 a barrel, while U.S. West Texas Intermediate crude futures fell 32 cents, or 0.38%, to $83.56 by 0030 GMT, with activity thinned...
Oil prices slide 1%, settle at 7-week low on China worries
WEBJul 30, 2024 — Oil prices slid about 1% to settle at a seven-week low on Tuesday as investors worried that demand from China could be weakening while OPEC+ seems likely to stick to plans to increase supplies.
Oil Prices Slip After Volatile Week; Losses Limited by Geopolitical ...
WEBAug 16, 2024 — 0810 GMT – Oil prices slip after a volatile week. Brent crude is down 0.2% at $80.91 a barrel while WTI is 0.3% lower at $77.95 a barrel, though both remain up more than 2% on week.
U.S. crude oil recovers losses after surprise stockpile decline
WEBMay 8, 2024 — Oil prices found support after U.S. commercial crude stockpiles declined by 1.4 million barrels in the first week of May, according to official data from the Energy Information...
Oil prices slip as rate hike worries come into focus
WEBJun 21, 2024 — Crude oil futures slid on the prospect of higher-for-longer interest rates in Asia and the U.S., while falling oil inventories kept prices from dropping.
Oil prices slip despite OPEC+ delaying planned output hikes
WEB7 hours ago — CL. -0.29%. Investing.com -- Oil prices reversed gains Thursday, shrugging off a much larger decline in weekly crude stocks and OPEC+ delaying plans to ramp up output by two months. At 14:02 p.m ...