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Post Tagged with: "US fuel stocks"

Source: Reuters

Oil prices extend losses on expected supply increase

Reuters

LONDON -Oil prices fell on Thursday, extending losses as investors braced for increased supplies after a compromise deal between leading OPEC producers and as U.S. fuel stocks rose, raising concerns over demand in the world’s largest consumer.

Brent crude …

July 15, 2021 - 9:31 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, Exploration and Production (E&P), OPEC
Source: Reuters

Oil gains as U.S. fuel stocks drop, OPEC+ considers deal rollover

Reuters

NEW YORK – Oil prices rose more than 2% on Wednesday, boosted by a huge drop in U.S. fuel inventories and expectations that OPEC+ producers might decide against increasing output when they meet this week.

U.S. gasoline stocks fell

…
March 3, 2021 - 9:50 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News
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