Oil futures turn lower as the boost from the U.S. trade deal with Japan wanes and traders await U.S. inventory data. The API reported a small drawdown in crude stocks, lower gasoline inventories, and ...

The American Petroleum Institute (API) has estimated a large crude oil inventory draw of 7.227 million barrels for the week ending September 5, compared to analyst expectations of a 2.6-million ...

Oil prices rose on Thursday, buoyed by optimism over U.S. trade negotiations that would ease pressure on the global economy ...

Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory decline of 10.6 million barrels for the week to August 25. The estimate compared with a ...

U.S. crude oil inventories fell last week amid a rise in exports, reversing some of the large stock builds seen the previous two weeks, according to data.

Once extracted, crude oil is refined and processed into a variety of products, including gasoline, diesel, jet fuel, heating oil, kerosene, asphalt and lubricants.

U.S. crude prices moved more than 3% higher Wednesday after federal record keepers reported a big decline in U.S. crude inventories. Commercial oil stocks dropped by 12.6 million barrels in the ...

Crude oil futures gain as the International Energy Agency raises its 2024 demand growth forecast to 1.2 million barrels a day from 1.1 million previously, and the U.S. EIA reports a bigger-than ...

U.S. crude oil supplies likely continued to tighten last week with a sixth consecutive inventory decline, according to a survey by The Wall Street Journal. Commercial crude stocks are seen falling ...

Brent crude futures LCOc1 rose 30 cents, or 0.4%, to $77.89 a barrel at 0524 GMT, while U.S. West Texas Intermediate crude futures CLc1 climbed 36 cents, or 0.5%, to $72.60 a barrel.

1706 GMT – Oil prices gain further in evening trade after U.S. crude inventories fell for a third consecutive week. Brent crude is up 1.5% at $73.26 a barrel, while WTI rises 1.9% to $69.93 a ...