Tuesday, July 28, 2026
Oil prices slip lower on U.S. inventory build, OPEC+ output hike expectations- oil and gas 360

Oil prices slip lower on U.S. inventory build, OPEC+ output hike expectations

(Investing) – Oil prices slipped lower Thursday, reversing sharp gains from the prior session after data showing an unexpected build in U.S. inventories raised some concerns over sluggish fuel demand. At 08:20 ET (12:20 GMT), Brent oil futures for September fell 0.4% to $68.86 a barrel, while West Texas Intermediate crude futures dropped 0.3% to $67.27 a barrel. Both contracts soared between 2.5% and 3%

Oil prices hold steady as traders eye U.S. inventory build- oil and gas 360

Oil prices hold steady as traders eye U.S. inventory build

(Investing)– Oil prices were steady in European trading on Thursday after touching an almost one-week high in the prior session, as traders weighed an increase in U.S. crude oil inventories. Brent oil futures rose 0.6% to $76.51 per barrel as of 09:10 ET (14:10 GMT), while West Texas Intermediate crude futures advanced by 0.6% to $72.58 a barrel. The American Petroleum Institute (API) reported