Oil Gains Nearly 2% on US Inventory Draw, Fear of Supply …

Mar 13, 2024 · On Wednesday, the Energy Information Administration, EIA, followed that up with its inventory report showing a smaller draw of 1.5 million barrels for the week to March 8, with …

2%
OFF

Oil Gains Nearly 2% On US Inventory Draw, Fear Of Supply …

2 weeks from now

Mar 13, 2024 · On Wednesday, the Energy Information Administration, EIA, followed that up with its inventory report showing a smaller draw of 1.5 million barrels for the week to March 8, with …

oilprice.com

2%
OFF

Oil Up About 2% On Big US Crude Storage Draw, Middle East Tension

2 weeks from now

NEW YORK (Reuters) -Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected U.S. storage draw and concerns about global supplies after Iran called …

yahoo.com

2%
OFF

Oil Gains Nearly 2% On US Inventory Draw, Fear Of Supply …

2 weeks from now

Mar 13, 2024 · Oil Gains Nearly 2% on US Inventory Draw, Fear of Supply Disruptions From oilprice.com At 11.44 a.m. ET on Wednesday, Brent crude was trading at $83.40, up 1.81%, …

energyexch.com

2%
OFF

Oil Prices Gain 2% On Big U.S. Storage Withdrawal, Weaker U.S. Dollar

2 weeks from now

Jul 17, 2024 · Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude stockpiles and as a weaker U.S. dollar overshadowed signs of lower economic …

theglobeandmail.com

4%
OFF

Oil Prices Extend Losses On Rising U.S. Fuel Inventories - U.S. News

2 weeks from now

Jan 8, 2025 · Brent crude futures fell 28 cents, or 0.4%, to $75.88 a barrel by 0125 GMT. U.S. West Texas Intermediate crude futures dropped 30 cents, or 0.4%, to $73.02.

usnews.com

2%
OFF

Oil Gains Nearly 2% On US Inventory Draw, Fear Of Supply …

2 weeks from now

Mar 13, 2024 · Oil prices surged nearly 2% on Wednesday, buoyed by a drop in U.S. crude oil stockpiles and another round of Ukrainian attacks on Russian oil refineries, countering …

guyanaoilgas.com

6%
OFF

Oil Prices Settle Higher As Large US Inventory Draw Points To …

2 weeks from now

Jul 17, 2024 · At 14:30 ET (13:25 GMT), Brent oil futures rose 1.6% to $85.08 a barrel, while West Texas Intermediate crude futures climbed 2.6% to $82.85 a barrel. US inventories shrink …

yahoo.com

2%
OFF

Oil Gains Nearly 2% On US Inventory Draw, Fear Of Supply …

2 weeks from now

Oil Gains Nearly 2% on US Inventory Draw, Fear of Supply Disruptions Thursday 14th of March 2024 View 30 Oil prices surged nearly 2% on Wednesday, buoyed by a drop in U.S. crude oil …

wzpvf.com

FAQs about Oil Gains Nearly 2% on US Inventory Draw, Fear of Supply … Coupon?

Why did oil prices rise a second day?

Oil prices rose for a second day on Thursday after a larger-than-expected decline in U.S. crude oil stockpiles added to supply concerns stoked by U.S. sanctions against Russian energy trade. ...

Does a drawdown in US crude oil supply support oil prices?

"That said, a significant drawdown in US crude inventories offered some support for prices, while tensions in the Middle East continue," Yeap added. U.S. crude oil inventories fell by 9.163 million barrels in the week ended June 28, according to market sources citing American Petroleum Institute figures on Tuesday. ...

How did crude oil inventories compare to gasoline inventories?

U.S. crude oil inventories fell by 9.163 million barrels in the week ended June 28, according to market sources citing American Petroleum Institute figures on Tuesday. However, gasoline inventories rose by 2.468 million barrels, and distillates fell by 740,000 barrels. ...

Why did oil prices go up?

"Oil prices were supported by a U.S. crude inventories draw, but gains were limited as some investors were still seeking to take profits from the recent rally to reach the highest levels since April," said Mitsuru Muraishi, an analyst at Fujitomi Securities. ...

Why did crude oil stocks fall last week?

U.S. crude oil stocks fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday. [EIA/S] The 2 million-barrel draw was more than the 992,000-barrel fall analysts had expected in a Reuters poll. ...

Why did oil prices rise in the Middle East?

(Reuters) — Oil prices surged on Wednesday as tension escalated in the Middle East after hundreds were killed in a blast at a Gaza hospital, sparking concerns about potential oil supply disruptions from the region. Brent crude futures ( BZ=F) advanced $1.75, or 2%, to $91.65 a barrel in the early hours. ...