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News
US crude inventories
US crude inventories News
oil
05 Dec 2017
Oil steadies above $62 per barrel, expected fall in US inventory supports
An OPEC-led producer group last week extended a supply-cutting deal through 2018, but the resulting support for prices could bolster US output which climbed to nearly 9.5 million barrels per day in September.
Oil prices
29 Nov 2017
Oil falls on uncertainty over OPEC deal, rise in US inventories
Brent crude futures were down 34 cents on the day at $63.27 a barrel, while US light crude fell 31 cents to $57.68 a barrel.
Oil prices
18 Oct 2017
Oil prices rise on tighter US market, Middle East tensions
US crude inventories fell by 7.1 million barrels in the week to Oct 13 to 461.4 million barrels, the American Petroleum Institute (API) said late on Tuesday.
oil
09 Dec 2015
Oil prices rise but stay near multi-year lows
Oil prices crept higher Wednesday but still struggled near multi-year lows as analysts warned the weakness will continue past next year.
oil
25 Sep 2015
Oil prices edge up but Iran supply expectations cap gains
Oil prices edged up in Asian trade on Friday following a decline in US crude inventories, although heavier buying was tempered by expectations a return of Iranian crude into the market will further increase global supplies.
Oil prices
20 Aug 2015
Five key reasons behind falling oil prices
Here are the 5 key reasons of oil price decline.
Oil prices
29 Jan 2015
Oil slumps to near six-year low under $44 per barrel
New York oil prices tumbled to a near six-year low underneath $44 per barrel on Thursday, as record-high US crude inventories deepened worries over the global supply glut.
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