crude oil price news - Search News

USA Today · 1d

Crude oil prices today: WTI prices are up 0.90% today

WTI futures traded around $70.30 per barrel, as of 9 a.m. ET. That’s an increase of 0.90% in the last 24 hours.

FXEmpire.com · 18h

Crude Oil Price Forecast – Crude Oil Continues to Show Signs of Life

The crude oil market continues to bounce a bit on each successive drop, as the demand for oil seems to be a factor, but the fact that the market has sold off so much could also bring in the value hunters at these low levels.

Reuters on MSN · 2d

Oil prices climb on US output concerns, potential crude inventory drop

Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of lower U.S. crude stockpiles. Brent crude futures for November were up 36 cents,

US seeks up to 6 million barrels of oil

Exclusive: US to seek 6 million barrels of oil for reserve, amid low oil price

The Biden administration will seek up to 6 million barrels of oil for the Strategic Petroleum Reserve, a source familiar with issue said on Tuesday, a purchase that if completed will match its largest yet in the replenishment of the stash after a historic sale in 2022.

MarketWatch · 13h

DOE Seeks 6 Million Barrels of Oil for Strategic Petroleum Reserve

The Department of Energy said Wednesday it is seeking bids for 6 million barrels of crude oil for delivery next year to the Strategic Petroleum Reserve. The solicitation is for 1.5 million barrels to be delivered to the Bayou Choctaw site in Louisiana each month from February through May.

Seeking Alpha on MSN · 1d

U.S. reportedly to seek 6M barrels for Strategic Petroleum Reserve

Crude futures rose Tuesday as renewed tensions in the Middle East added to hopes that an interest rate cut from the Federal Reserve would support demand for oil. The oil market is bracing for the Fed's decision Wednesday on interest rates,

3h

Crude Oil Strategy Today: Check target price, support & other key levels

With Israel looking to carry out its offensive against Hezbollah to the next level, traders will monitor the evolving ...

Crude Oil Prices18h

Oil Moves Higher on Surprise Crude Draw

Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an estimated inventory draw of 1.6 million barrels ...

1d

Crude Oil Price Forecast: Rallies but Faces Resistance Near Key Levels

After reaching a high of 72.05, crude oil is testing resistance. A further rally could face challenges near 72.4 to 73.74, ...

22h

Oil drops for first day in three ahead of Fed decision

Oil fell on Wednesday after two sessions of gains after an industry report showed increasing U.S. crude and fuel inventories, ...

Crude Oil Prices8h

Why We Could See A Larger Short-Covering Rally in Oil

Standard Chartered: no supply glut is likely in at least Q4-2024 and H1-2025 if OPEC+ producers keep to their commitments.

7d

Latest Oil Market Slump Marks A Retreat That’s Degenerated Into A Rout

Another week, another round of price declines - a line that has of late become a familiar short script for retreating global ...

Brent crude oil price plunges to November 2021 lows on demand worries

Brent crude oil price plunges to November 2021 lows on demand worries but supply concerns due to a hurricane hitting the US ...

11h

Lower crude price gains may be capped for OMCs

A possible cut in fuel retail prices is a looming threat. However, the adverse impact can be limited if the cut remains in ...

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