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Page 3 - Us Oil Prices

Oil prices fall more than 3% on US supply fears, lower China demand

Oil prices fell by more than 3% in volatile trade on Tuesday on fears of higher US supply amid an economic slowdown and lower Chinese fuel demand

Oil prices fall more than 3% on US supply fears, lower China demand
Updated On : 18 Oct 2022 | 10:32 PM IST

Oil rises to 3-week high as OPEC+ agrees to deep cuts, US stockpiles fall

Prices also rose on US government data that showed crude and fuel inventories fell last week

Oil rises to 3-week high as OPEC+ agrees to deep cuts, US stockpiles fall
Updated On : 05 Oct 2022 | 11:30 PM IST

Oil prices slip amid chance of Iran nuclear deal supply boost

LONDON (Reuters) - Oil dropped over $1 a barrel on Tuesday, approaching a multi-month low hit last week, pressured by the latest progress in talks to revive the 2015 Iran nuclear accord, which would eventually allow Tehran to boost exports in a tight market.

Oil prices slip amid chance of Iran nuclear deal supply boost
Updated On : 09 Aug 2022 | 4:33 PM IST

Oil prices set to end week at multi-month lows on recession fears

LONDON (Reuters) -Oil prices slipped on Friday and were near their lowest levels since February as concerns over a possible recession and a fall in fuel demand continued to rattle markets.

Oil prices set to end week at multi-month lows on recession fears
Updated On : 05 Aug 2022 | 5:29 PM IST

Oil prices stabilise after drop to near 6-month low based on supply fears

LONDON (Reuters) -Oil prices were broadly steady on Thursday as the market weighed tight supply against fears of a demand slowdown, after a build in U.S. crude and gasoline stocks sent prices to multi-month lows in the previous session.

Oil prices stabilise after drop to near 6-month low based on supply fears
Updated On : 04 Aug 2022 | 7:35 PM IST

Oil prices edge up on supply concerns after drop to near 6-month low

(Reuters) -Oil prices rose on Thursday as supply concerns triggered a rebound from multi-month lows plumbed in the previous session after U.S. data signalled weak fuel demand.

Oil prices edge up on supply concerns after drop to near 6-month low
Updated On : 04 Aug 2022 | 4:33 PM IST

Oil rally to stall as recession risks counter tight supplies, says poll

(Reuters) - A rally in oil prices could stall as recession fears and COVID flare-ups in China slow demand and counter supply risks from sanctions on Russia and OPEC+ output constraints, a Reuters poll showed on Friday.

Oil rally to stall as recession risks counter tight supplies, says poll
Updated On : 29 Jul 2022 | 7:44 PM IST

Oil extends gains as risk appetite improves, US inventories fall

LONDON (Reuters) - Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors as lower crude inventories and a rebound in gasoline demand in the United States supported prices.

Oil extends gains as risk appetite improves, US inventories fall
Updated On : 28 Jul 2022 | 5:07 PM IST

Oil extends gains by over $1 as risk appetite improves, US inventories fall

Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors as lower crude inventories and a rebound in gasoline demand

Oil extends gains by over $1 as risk appetite improves, US inventories fall
Updated On : 28 Jul 2022 | 12:55 PM IST

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
Updated On : 14 Jul 2022 | 8:34 PM IST

Oil prices tumble more than $2 ahead of potential large US rate hike

LONDON (Reuters) -Oil prices fell more than $2 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 $2 ahead of potential large US rate hike
Updated On : 14 Jul 2022 | 5:19 PM IST

Crude oil edges higher after slide below $100 ahead of US inflation data

LONDON (Reuters) -Oil edged up on Wednesday, a day after settling below $100 a barrel for the first time since April, and gains were limited by a U.S. supply report showing rising inventories and caution ahead of U.S. inflation data.

Crude oil edges higher after slide below $100 ahead of US inflation data
Updated On : 13 Jul 2022 | 5:25 PM IST

Oil prices rise for 4th day on supply worries as US inventories down

Oil prices are increasing for the fourth consecutive day amid supply crisis amongst US inventories and fear on market recession

Oil prices rise for 4th day on supply worries as US inventories down
Updated On : 29 Jun 2022 | 9:59 PM IST

Oil prices fall after US rate hike, but tight supply still in focus

Oil prices have taken a dive after US decided on an interest rate hike. The hike increased by the Fed Reserve by 2% overnight is the highest in more than a two and a half decades

Oil prices fall after US rate hike, but tight supply still in focus
Updated On : 16 Jun 2022 | 3:57 PM IST

Oil price surge fans inflation fears, weakens US, European stocks

LONDON (Reuters) - European shares opened weaker on Tuesday and Wall Street was tipped for a fall, as surging oil prices fanned fears of further acceleration in global inflation, forcing the U.S. Federal Reserve and other central banks to keep raising interest rates.

Oil price surge fans inflation fears, weakens US, European stocks
Updated On : 31 May 2022 | 3:34 PM IST

Oil prices jump 3% to 2-month high as EU seeks to ban Russian supply

NEW YORK (Reuters) -Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S. summer driving season, as the European Union (EU) wrangled with Hungary over plans to ban crude imports from Russia over its invasion of Ukraine.

Oil prices jump 3% to 2-month high as EU seeks to ban Russian supply
Updated On : 26 May 2022 | 11:16 PM IST

Oil prices recoup losses based on renewed supply worries, dollar weakness

NEW YORK (Reuters) -Oil prices rebounded from earlier losses on Thursday as Chinese officials planned to ease restrictions in Shanghai, which could further tighten global energy supply, and as the dollar retreated from recent gains.

Oil prices recoup losses based on renewed supply worries, dollar weakness
Updated On : 19 May 2022 | 11:15 PM IST

Oil prices recoup early losses on China hopes, global supply fears

TOKYO (Reuters) -Oil prices rose on Thursday, recovering from early losses, on hopes that planned easing of restrictions in Shanghai could improve fuel demand while lingering concerns over tight global supplies outweighed fears of slower economic growth.

Oil prices recoup early losses on China hopes, global supply fears
Updated On : 19 May 2022 | 4:33 PM IST

Oil prices rise on China demand recovery expectations, supply concerns

LONDON (Reuters) - Oil prices rose on Wednesday on expectations that easing COVID-19 restrictions in China will boost demand and as supply concerns grew.

Oil prices rise on China demand recovery expectations, supply concerns
Updated On : 18 May 2022 | 4:50 PM IST

Oil prices under pressure amid recession fears dogging financial markets

, LONDON (Reuters) -Oil prices fell on Thursday in a volatile week as recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe.

Oil prices under pressure amid recession fears dogging financial markets
Updated On : 12 May 2022 | 8:04 PM IST