Page 3 - Us Crude Oil
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")
Crude jumps on global energy crunch; US oil at 7-year high
Prices have risen as more vaccinated populations are brought out of coronavirus lockdowns, supporting a revival of economic activity
Oil prices fall as storm-hit US supply trickles back into market
Oil prices fell on Friday as energy companies in the US Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output
 "Oil prices fall as storm-hit US supply trickles back into market")
Oil prices rise to six-week high as US supply concerns dominate
Oil prices rose to a six-week high on Monday as US output remains slow to return two weeks after Hurricane Ida slammed into the Gulf Coast
Oil prices fall on US crude stock build, Covid-19 Delta variant spread
Traders noted the oil price drop came despite reports of increased Mideast geopolitical tensions
 "Oil prices fall on US crude stock build, Covid-19 Delta variant spread")
Oil settles near $75; sharp US inventory drop counters coronavirus worry
Oil settled near $75 a barrel on Wednesday after data showed US crude inventories fell more sharply than analysts had forecast
