LONDON, Oct 23 Reuters Oil prices fell on Wednesday after industry data showed U.S. crude inventories swelled more than expected, though futures were still up about 2 this week as traders factored in continuing conflict in the Middle East. Brent crude futures dropped 1.14, or 1.5, to 74.90 a barrel by 1255 GMT. U.S. West […]

TOKYOSINGAPORE, Oct 22 Reuters Oil prices eased on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and as slowing demand growth in China, the world39;s top oil importer, continued to weigh on the market. Brent crude futures for December delivery were down 60 cents, or 0.8, […]

BEIJING, Oct 21 Reuters Oil prices edged up in Asian trading on Monday, following a more than 7 drop last week on worries about demand in China, the world39;s top oil importer, and an easing of concerns about potential supply disruptions in the Middle East. Brent crude futures rose 27 cents, or 0.37, to 73.33 […]

Brent, WTI headed for biggest weekly drop since Sept.2 US crude stocks, fuel inventories fall, EIA says China39;s Q3 economy grew at the slowest pace since early 2023 Hezbollah to escalate war with Israel after the killing of Hamas leader Yahya Sinwar OPEC and IEA cut their forecasts for global oil demand in 2024 and […]

LONDON, Oct 17 Reuters Oil prices were broadly flat on Thursday as investors waited on developments in the Middle East, the release of official U.S. oil inventory data and details on China39;s stimulus plans. Brent crude futures were up 11 cents to 74.33 a barrel at 1114 GMT, while U.S. West Texas Intermediate crude futures […]

OPEC cuts tighten market U.S. crude inventories likely rose last week Product inventories expected to have fallen LONDON, Oct 16 Reuters Oil steadied on Wednesday, supported by OPEC cuts and uncertainty over what may happen next in the Middle East conflict, although an outlook for ample supply next year added downward pressure. Crude fell more than 4 […]

Brent, WTI down over 4 Israeli PM Netanyahu says willing not to strike Iran oil targets OPEC, IAE cut global oil demand growth outlook LONDON, Oct 15 Reuters Oil prices tumbled more than 4 to a near twoweek low on Tuesday due to a weaker demand outlook and after a media report suggested Israel would not strike […]

LONDON, Oct 11 Reuters Oil prices softened on Friday but were set for a second weekly gain as investors weighed the impact of hurricane damage on U.S. demand against any broad supply disruption if Israel attacks Iranian oil sites. Brent crude oil futures fell 60 cents, or 0.8, to 78.80 a barrel by 0957 GMT. […]

Hurricane Milton spurs mass fuel buying in Florida Investors remain wary of IranIsrael escalation Gulf states urge US to stop Israel from bombing Iran39;s oil sites NEW YORK, Oct 10 Reuters Oil prices jumped about 4 on Thursday on a spike in U.S. fuel use before Hurricane Milton barrelled across Florida, Middle East supply risks […]

US crude oil stocks rose by nearly 11 million barrels last week EIA cuts US and global oil demand forecasts for 2025 Biden expected to discuss Iran with Israeli PM Netanyahu Israel could yet attack Iranian oil infrastructure Iran warns Gulf states against use of airspace for attacks LONDON, Oct 9 Reuters Oil prices erased […]