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Brent crude declined to around $108 per barrel as API reported a 7.1 million-barrel surge in US crude inventories alongside refined product builds. However, downside momentum is tempered by significa…
Oil prices retreated as a 7.1 million barrel rise in U.S. crude inventories eased immediate supply fears. The pullback follows an overbought rally, though persistent Middle East supply risks and Red …
U.S. stock index futures rose alongside Asian markets on Wednesday as investors positioned ahead of the Federal Reserve's policy decision. Crude oil pulled back following an unexpected U.S. inventory…
Crude oil dropped below $105 after API data revealed a surprise 7.14 million-barrel surge in US crude inventories, defying drawdown expectations. Geopolitical risks persisted with Saudi Arabia's East…
US crude oil inventories surged by 7.14 million barrels for the week ending September 11th. Gasoline and distillate stockpiles also climbed, while domestic crude production rose to 13.947 million bpd…
US crude inventories fell by 0.391 million barrels, falling short of expected 1.6 million-barrel draws. Unexpected builds in gasoline and distillate stockpiles alongside a 1.12 million bpd rise in ne…
US crude inventories fell by 300,000 barrels alongside drops in Cushing and gasoline stockpiles. Commercial crude has declined over 48 million barrels in 21 weeks despite a 1.2 million-barrel SPR rel…
US crude oil inventories dropped by 4.5 million barrels according to EIA data, alongside a 1.2 million barrel decline in gasoline stockpiles. Despite the significant inventory draw, crude prices dipp…
US crude oil inventories plunged by 4.45 million barrels in late August, marking the first decline in five weeks and significantly exceeding expectations for a 1.1 million-barrel draw.
U.S. crude oil inventories increased by 100,000 barrels last week while total product demand fell 3.0% year-over-year, pressuring WTI and Brent crude prices lower.
US crude inventories increased by 0.095 million barrels, well below the expected 0.6 million-barrel build. Strong demand was highlighted by larger-than-expected draws in gasoline and distillate stock…
US crude oil inventories surged by 4.2 million barrels, surpassing expectations of a 1.9 million-barrel build. With domestic crude production climbing to 13.83 million bpd and Cushing stockpiles risi…
U.S. crude oil inventories unexpectedly rose as imports increased and exports fell, raising doubts about demand strength. WTI fell 1.4% to $82.13, Brent dropped 1.3% to $87.86, pressured by rising st…
Brent crude rose above $89 on US-Iran tensions regarding the Strait of Hormuz, despite conflicting reports on a deal. However, a significant 9.1 million barrel build in US crude inventories capped ga…
US crude inventories rose 2.5 million barrels, above expectations, while gasoline and distillate stocks fell. Oil prices attempted to stabilize after Tuesday's selloff tied to peace deal talks, thoug…