Oil retreats slightly after boost from US crude draw, Russia sanctions

15 hours ago · Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U.S. crude ...

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Oil Rises Over 1% After Report Of Big Draw In U.S. Crude Stocks

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Sep 22, 2021 · Oil prices climbed more than 1% on Wednesday, extending overnight gains after industry data showed U.S. crude stocks fell more than expected last week in the wake of two …

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Oil Settles Up Over 1% On Large Draw From US Crude Stocks

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Dec 28, 2024 · Summary • US crude oil stocks fell 4.2 million barrels last week, EIA says • Analysts polled by Reuters expected 1.9 million-barrel draw • Stimulus measures lift optimism …

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Oil Rallies, Settles At Multi-month High On US Crude Draw, Russia …

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1 day ago · Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions on Russia, while a …

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Oil Settles Up Over 1% On Large Draw From US Crude Stocks

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Dec 27, 2024 · NEW YORK (Reuters) -Oil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of year-end, buoyed by a larger-than …

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Oil Settles Up Over 1% On Large Draw From US Crude Stocks

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Dec 28, 2024 · Brent crude futures rose 91 cents, or 1.2%, to settle at $74.17 per barrel. U.S. West Texas Intermediate crude futures rose 98 cents, or 1.4%, to $70.60 per barrel. Oil prices …

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Oil Settles Up Over 1% On Large Draw From US Crude Stocks - 商业 …

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Dec 28, 2024 · OIL prices settled more than 1 per cent higher on Friday (Dec 27) and recorded a weekly gain in low trading volume ahead of year-end, buoyed by a larger-than-expected …

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Oil Prices Rise On Deep Weekly Draw In US Crude Inventories

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Jul 2, 2024 · NEW YORK (Reuters) -Oil prices gained about 1% on Wednesday after a larger-than-expected decline in U.S. crude stocks, but gains were capped by concerns about rising …

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Stock Market Today: Gains For Oil Producers And Drops For Big Tech ...

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3 days ago · On the winning side of Wall Street were oil-and-gas companies after the price of oil climbed. A barrel of benchmark U.S. crude rose 2.9% to $78.82, while Brent crude climbed …

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Oil Slips 1% On Large Build In US Crude Stocks; Market Watches …

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Oct 23, 2024 · NEW YORK (Reuters) -Oil prices fell on Wednesday after data showed U.S. crude inventories rose by more than expected even as refining activity rebounded, though futures …

investing.com

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Oil Settles Up Over 1% On Large Draw From US Crude Stocks

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Dec 27, 2024 · Analysts polled by Reuters had expected a 1.9 million-barrel drawdown, whereas figures from the American Petroleum Institute released earlier in the week estimated a 3.2 …

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Oil Prices Reverse Gains To Settle Lower Amid Surprise Build In US ...

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At 14:30 ET (18:30 GMT), Brent oil futures fell 1.2% to $79.76 a barrel, while West Texas Intermediate crude futures slipped 1.8% to settle at $76.98 a barrel. US inventories …

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Oil Rises Over 1% On Large Draw From US Crude Stocks

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Dec 27, 2024 · Analysts polled by Reuters had expected a 1.9 million-barrel drawdown, whereas figures from the American Petroleum Institute released earlier in the week estimated a 3.2 …

theprint.in

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Oil Rises On US Stockpiles Drawdown, OPEC+ Mulls Output Hike Delay

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Oct 30, 2024 · NEW YORK (Reuters) -Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline inventories fell unexpectedly last week and on …

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FAQs about Oil retreats slightly after boost from US crude draw, Russia sanctions Coupon?

Why did oil prices rise 1% on Wednesday?

NEW YORK, July 3 (Reuters) - Oil prices gained about 1% on Wednesday after a larger-than-expected decline in U.S. crude stocks, but gains were capped by concerns about rising global inventories in thin trading ahead of the U.S. Independence Day holiday. Brent crude futures rose $1.10, or 1.3%, to settle at $87.34 a barrel. ...

Why did oil prices rise 98 cents?

U.S. West Texas Intermediate crude futures rose 98 cents, or 1.4%, to $70.60 per barrel. Oil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of year-end, buoyed by a larger-than-expected drawdown from U.S. crude inventories last week. ...

How much did crude oil gain on a weekly basis?

On a weekly basis, both Brent and WTI crude gained about 1.4%. U.S. crude oil inventories fell by 4.2 million barrels in the week ended Dec. 20 as refiners ramped up activity and the holiday season boosted fuel demand, data from the U.S. Energy Information Administration showed on Friday. ...

Why did crude oil prices fall last week?

Also supporting prices, 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. The 2-million-barrel draw was more than the 992,000-barrel decline analysts had expected in a Reuters poll, and added to a tightened global supply outlook. ...

How much did crude stocks rise last week?

U.S. crude stocks rose 1.64 million barrels last week, according to market sources, citing American Petroleum Institute figures on Tuesday, weighing on prices. Analysts polled by Reuters expected a 300,000-barrel increase in crude stocks. Gasoline and distillate fuel, meanwhile, fell by a combined 3.5 million barrels. ...

Why did oil prices fall 6%?

On Monday, prices lost about 6% after Israel's retaliatory strike on Iran over the weekend missed Tehran's oil infrastructure. Brent crude futures gained 21 cents, or 0.3%, to $71.33 a barrel by 0002 GMT. U.S. crude oil and fuel stocks fell last week, market sources said on Tuesday, citing American Petroleum Institute figures. ...