Page 7 - Us Oil Prices

Oil prices drop on potential for US-Iran talks to add crude supplies

Investors are closely watching the outcome of U.S.-Iran nuclear talks which resumed this week. A deal could lift U.S. sanctions on Iranian oil and ease global supply tightness

World stocks gain ahead of Fed meet, oil watches Russia-Ukraine

MSCI's broadest index of Asia-Pacific shares outside Japan was unchanged, after sharp losses earlier in the week

Oil prices rise as fuel demand surges in top consumer United States

Oil prices rose as US implied consumer petroleum demand surged to a record high in the world's top oil consumer

US sells 18 mn barrels of oil from strategic reserve to reduce prices

The Energy Department announced the first sale of 18 million barrels of oil from the US Strategic Petroleum Reserve (SPR) aimed at reducing pump prices of fuel that had hit seven-year highs

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

Equities, oil prices, US Treasury yields all drop on Covid variant fears

Shares tumbled on Wall Street on Friday as they reopened after Thanksgiving, while European stocks saw their biggest sell-off in 17 months

House Democrats urge Biden to release oil reserves, put a ban on exports

Democrats in the House of Representatives urged President Joe Biden to release crude oil from the US Strategic Petroleum Reserve (SPR)

US set to unveil oil release from emergency stockpile to lower prices

The United States is expected to announce a loan of crude oil from its emergency stockpile on Tuesday

Oil prices stabilise after swings on prospect of crude stockpiles release

Brent crude was up 28 cents or 0.3% at $81.52 a barrel by 0145 GMT, after falling to a six-week low on Thursday before rebounding to close 1.2% higher.

Oil hovers above six-week low as China readies crude reserve release

Washington's bid to cool markets, asking China to join a coordinated action for the first time, comes as high gasoline prices and other inflationary pressures have sparked a political backlash.

Oil edges up on rising demand forecasts, ahead of US price outlook

The rally came ahead of the U.S. Energy Information Administration's (EIA) release of oil and gasoline price predictions

Oil prices rise ahead of OPEC+ meeting; US stocks rise more than expected

Brent futures and US West Texas Intermediate crude pared losses of more than 1%

Oil prices slip after industry data shows US inventory build-up

Brent crude futures fell $1.03, or 1.2%, to $83.69 a barrel by 0724 GMT

World oil prices drops as data shows big build in United State inventory

Brent crude futures fell 71 cents, or 0.9%, to $84.00 a barrel by 0450 GMT, after dropping to a session-low of $83.27 earlier.

Oil surges past $80 with global power crisis set to boost demand

West Texas Intermediate futures climbed around 2% after topping the psychological price threshold on Friday for the first time since November 2014

US oil prices rise to highest since 2014 amid global energy crunch

US oil prices rose for a fifth day on Wednesday to their highest since 2014 amid global concerns about energy supply on signs of tightness in crude, natural gas and coal markets.

Oil hits 6-week high on fears of US supply disruptions from storm Nicholas

By Yuka Obayashi

Oil recovers as tight US supplies offset China reserves sale plan

SINGAPORE (Reuters) - Oil prices rose on Friday on growing signs of tightness in U.S. markets after Hurricane Ida hit offshore output, although benchmarks were heading for weekly losses of nearly 1% after China announced plans to sell crude from its strategic reserves.

Rupee slips 1 paisa to close at 73.07 against US dollar as oil rises

The domestic currency has lost 27 paise in the last four trading sessions.

Oil steadies after sell-off as US stockpiles rise less than expected

Crude inventories in the United States increased by 1.3 million barrels last week, against analysts' expectations for a 1.6 million-barrel rise