Page 3 - Us Crude Oil
Oil prices tumble more than $4 ahead of potential large US rate hike
LONDON (Reuters) -Oil prices fell more than $4 on Thursday as investors focused on the prospect of a large U.S. rate hike later this month that could stem inflation but at the same time hit oil demand.
 "Oil prices tumble more than $4 ahead of potential large US rate hike")
Russia may be India's biggest crude supplier in June, a historic first
Russian oil is on pace to account for 21 per cent of all imports into India, shrinking the shares of Iraqi and US crude
 "Russia may be India's biggest crude supplier in June, a historic first")
Oil settles up despite OPEC-plus output hike plan; supply still tight
US crude notched a sixth weekly gain on tight U.S. supply, which has prompted talk of fuel export curbs or a windfall tax on oil and gas producers.
 "Oil settles up despite OPEC-plus output hike plan; supply still tight")
Oil prices rise after US crude inventories drawdowns, supply tightness
US crude oil stockpiles fell last week by 5.1 million barrels to 414.7 million barrels, compared with analysts' expectations in a Reuters poll for a 1.3 million-barrel drop.
 "Oil prices rise after US crude inventories drawdowns, supply tightness")
Oil little changed after OPEC-plus agrees to boost output by 648,000 bpd
Oil prices could get more support later on Thursday if analysts' forecasts are correct that US crude inventories declined by around 1.4 million barrels last week
 "Oil little changed after OPEC-plus agrees to boost output by 648,000 bpd")
Oil prices climb 1% after US crude, fuel stocks signal tighter supply
The gains come on the back of news from Tuesday that the European Union is working on new sanctions against Russia for waging war on Ukraine that will target Moscow's oil industry.
 "Oil prices climb 1% after US crude, fuel stocks signal tighter supply")
Oil prices rise on supply concerns as Russia-Ukraine crisis deepens
Brent futures were up $1.50, or 1.3%, at $113.20 a barrel at 0030 GMT, and U.S. West Texas Intermediate futures rose 98 cents, or 0.9%, to $107.93 a barrel
Oil prices rise over 2% despite big US crude stock build
Brent crude was up $2.72, or 2.6%, to $107.36 a barrel by 12:52 p.m. (1652 GMT) U.S. West Texas Intermediate (WTI) crude futures gained $2.39, or 2.4%, to $102.99
 "Oil prices rise over 2% despite big US crude stock build")
Oil slips as IEA nations ready big release from reserves
Oil futures edged lower on Wednesday following a surprising rise in US crude stocks and after news that large consuming nations would also release oil from reserves in conjunction with US
 "Oil slips as IEA nations ready big release from reserves")
Oil falls nearly 13%, most in 2 years after oil stockpile release
Oil settled lower on Friday as members of the International Energy Agency (IEA) agreed to join in the largest-ever US oil reserves release
 "Oil falls nearly 13%, most in 2 years after oil stockpile release")
US oil exports surge after Ukraine war, drawing crude away from storage hub
U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil are instead being exported via the Gulf Coast, traders said
 "US oil exports surge after Ukraine war, drawing crude away from storage hub")
Oil price benchmarks fall below $100, first time in almost 3 weeks
Oil prices tumbled more than 6% on Tuesday to their lowest in almost 3 weeks, as Iran nuclear deal hopes rise and growing outbreaks in China make traders worry
Oil falls as US crude, fuel stockpiles build prompts profit-taking
Oil prices plunged as an increase in U.S. crude and fuel stockpiles prompted investors to take profits from the rally
 "Oil falls as US crude, fuel stockpiles build prompts profit-taking")
Oil hit two-month highs on US crude inventories fall, weaker dollar
Oil prices hit two-month highs on Wednesday on tight supply as crude inventories in the United States, the world's top consumer, fell to their lowest since 2018
 "Oil hit two-month highs on US crude inventories fall, weaker dollar")
US energy chief says oil reserve is a tool to meet short-term supply crunch
The US emergency oil reserve is a tool available to Washington to address unusual short-term mismatches between oil supply and demand, Energy Secretary Jennifer Granholm said
 "US energy chief says oil reserve is a tool to meet short-term supply crunch")
US launches auction for 32 mn barrels of crude oil from 4 SPR sites
The US launched an auction for 32 million barrels of crude from four strategic petroleum reserves (SPR) sites to be delivered between late-December and April 2022
China so far non-committal to Washington's oil release, OPEC+ unmoved
On Wednesday, China said it was working on its own reserves release
 "China so far non-committal to Washington's oil release, OPEC+ unmoved")
Oil prices drop more than 1% as US crude stockpiles rise sharply
Brent oil futures ended down $1.82, or 2.1%, to $84.58 a barrel, after closing at a seven-year high on Tuesday
 "Oil prices drop more than 1% as US crude stockpiles rise sharply")
Oil prices pull back as US factory data intensifies demand concerns
Brent crude oil futures settled down 53 cents or 0.6% at $84.33 a barrel after hitting $86.04, their highest since October 2018
 "Oil prices pull back as US factory data intensifies demand concerns")
Surging oil prices lift material, energy stocks on Wall Street
US crude jumped 2.28% to $81.16 per barrel, a level not seen since late 2014, and Brent rallied 1.9% to $83.98
 "Surging oil prices lift material, energy stocks on Wall Street")