U.S. crude oil falls below $71 per barrel, continuing sell-off – CNBC
U.S. crude oil futures fell slightly on Wednesday, trading below $71 a barrel, after plunging in premarket trading on reports that Israel would not attack Iranian oil facilities. The U.S. benchmark fell by more than 4% on Tuesday after Israel told the U.S. it would limit retaliatory strikes to Iranian military targets, a senior Biden […]
Crude oil prices fall more than 4% as looming surplus overshadows Iran-Israel tensions – CNBC
Crude oil futures fell more than 4% on Tuesday as next year's looming global oil surplus overshadowed the risk of supply disruptions from the conflict between Israel and Iran. Oil prices soared earlier this month after Iran launched a ballistic missile attack on Israel, raising fears that Israel would strike back by targeting the Islamic […]
U.S. crude oil on pace for third monthly loss in a row in September – CNBC
U.S. oil prices continued to decline for the third consecutive month in September as increased supply from OPEC+ and weak demand from China plagued the market. The U.S. index fell more than 7% for the month, while global benchmark Brent fell about 9%. “The oil market is having a panic attack,” Barclays energy analyst Amarpreet […]
Ginger Johnson Blows Off! review – this crude, fart-fuelled comedy runs out of gas | Stage
SOme's show wins new fans. Some just satisfy what already exists. British drag racing champion Ginger Johnson's latest work might fall into the latter category. If you're excited about TV success, this run-of-the-mill comedy show/parody magic act might be enough to be a genuine close-range hit. The rest of us have little to offer. Yes, […]
U.S. crude oil falls nearly 3%, trades below $68 on report Saudi committed to production increase – CNBC
U.S. crude oil prices fell about 3% on Thursday after reports that Saudi Arabia intends to push ahead with production increases later this year. Saudi Arabia is ready to abandon its unofficial oil price target of $100 a barrel, a person familiar with the country's thinking said. Financial TimesSaudi authorities are ready to increase oil […]
U.S. Crude Oil, Product Inventories Present A Clean Sweep Of Draws – OilPrice.com
U.S. crude oil inventories fell by 3.4 million barrels in the week to Aug. 23, according to the American Petroleum Institute. Analysts had been expecting a fall of 3 million barrels. API reported that crude oil inventories increased by 347,000 barrels last week. So far this year, crude oil inventories are down 2.642 million barrels, […]
Brent Crude Falls Below $80 – OilPrice.com
WTI, the U.S. crude oil benchmark, reversed gains from earlier in the week on Wednesday after an unexpected rise in U.S. crude inventories after a series of drawdowns and a threat from Iran to temporarily shelve its attacks on Israel to leverage. As of 3:03pm ET, Brent Crude was trading just below $80, down 0.90%, […]
WTI Crude Soars on Tailwinds of Saudi July Export Cuts – OilPrice.com
West Texas Intermediate (WTI), the U.S. benchmark, rose more than 2.9 percent, while Brent rose only half that amount on the day after the EIA reported a larger-than-expected fall in U.S. crude oil inventories and the U.S. dollar weakened. U.S. crude oil inventories have fallen by more than 20 million barrels in the past three […]
Oil Prices Perk Up on Crude Draw – OilPrice.com
Crude oil prices rose today following the release of the U.S. Energy Information Administration. report Inventories fell by 3.4 million barrels in the week ending July 5. This compares with a much larger drop of 12.2 million barrels the previous week. The American Petroleum Institute reported on Tuesday that inventories were estimated to have fallen […]
Oil Jumps on Significant Crude Inventory Draw – OilPrice.com
U.S. crude oil inventories fell by 9.163 million barrels in the week to June 28, according to the American Petroleum Institute. Analysts had been expecting a fall of 150,000 barrels. API reported that crude oil inventories increased by 914,000 barrels last week. On Tuesday, the U.S. Department of Energy (DoE) announced that crude oil inventories […]