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The American Petroleum Institute (API) reported an unexpected crude oil inventory build of 6.9 million barrels for the week-ending December 21. Natural gas futures posted another wide trading ...
The latest US government data released on Wednesday showed a surprise fall of 1.4 million barrels in crude oil inventories last week. Futures had been negative going into the print after API ...
Brent crude oil, the international benchmark price, fell by 4.63% to close at $77.42 per barrel. Over the last month, WTI crude oil is down more than 16% while the price of Brent crude is off more ...
A lower oil rig count and the Russian cap also contributed, though U.S. crude inventories were the highest since June 2021. [2] For the week ending February 3, oil fell nearly 8 percent, with Brent at one point reaching $79.72, lowest since January 11, and WTI reaching $73.13, lowest since January 5.
NEW YORK (Reuters) -Oil prices eased about 1% to a one-week low on Tuesday on demand worries following the release of negative economic news from Germany and China, while investors remained ...
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The direction of the March WTI crude oil market on Thursday is likely to be determined by trader reaction to $85.76. WTI Crude Dips after API Miss; EIA Report on Tap Skip to main content
West Texas Crude oil futures for November fell 0.01% to $69.58 a barrel as of 5:09 AM ET (9:09 GMT). Meanwhile Brent crude futures, the benchmark for oil prices outside the U.S., decreased 0.18% ...