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Oil prices down over unexpected build in US fuel stocks
- Low demand concerns linger with US gasoline inventory rise of 4 million barrels last week
US crude oil inventories fall for week ending April 2
- Commercial crude oil stocks decrease by 3.5 million barrels, higher than market expectation of 1.325 million-barrel draw
Oil up ahead of OPEC+ decision on output level
- Group is scheduled to meet later on Thursday
US crude oil inventories fall for week ending March 26
- Commercial crude oil stocks decrease by 900,000 barrels, higher than market expectation of 400,000-barrel rise
US crude oil inventories rise for week ending March 12
- Commercial crude oil stocks increase by 2.4 million barrels, slightly lower than market expectation of 2.7 million-barrel rise
Oil prices rise over unexpected fall in US stocks
- Delayed oil demand recovery fears weigh on prices as safety of COVID-19 vaccines is brought into question
Oil prices up as US economy shows positive signs
- Country’s consumer prices show 0.4% increase in February in line with economists’ expectations
US crude oil inventories rise for week ending March 8
- Commercial crude oil stocks increased by 13.8 million barrels, more than market expectation of 833,000-barrel draw
US energy agency revises up its oil price forecast
- Brent to average $63 per barrel in first half of 2021 before declining to $58 per barrel for rest of year: EIA outlook
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Oil down over expected rise in US stocks, rising dollar
- US crude oil inventories are forecast to rise by over 12.8 million barrels, API figures show
Turkey's energy import bill down 35.8% in January 2021
- Last month, overall energy imports fall due to rise in country's domestic and renewable energy production
Oil prices fall as dollar appreciates
- Recent high oil prices encourage greater production to exert downward price pressure
Oil down as Texas refineries curb demand, US stocks rise
- US crude oil inventories are forecast to rise by over 1.03 million barrels, API figures show
Oil prices down over doubts on vaccine efficacy
- Limiting further declines, US crude oil inventories fall by 6.6 million barrels
Indonesia detains Iranian and Panamanian oil tankers
- Iran, OPEC's second-largest oil producer, tries to bypass US sanctions to transfer oil
S. Arabia becomes largest oil supplier to China in 2020
- Saudi's oil exports to China amounts to approximately 1.69 million barrels per day in 2020, up 1.9% year over year
Oil down over estimated rise in US stocks
-Fueling weak demand fears, US crude oil inventories are forecast to rise by over 2.5 million barrels, API figures show
Ecuador secures historic deal with US development bank
- Funds set to alleviate country’s longstanding debt with Asia and boost its economy amid COVID-19 pandemic
Total announces fourth oil discovery offshore Suriname
- Discovery at Keskesi East-1 well follows previous discoveries at Maka Central, Sapakara West and Kwaskwas in same region
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US crude oil inventories fall for week ending Jan. 8
- Commercial crude oil stocks decrease by 3.2 million barrels, more than market expectation of 2.7-million barrel draw
US energy agency revises up oil price forecast
- Brent expected to increase by 8.59% in 2021, according to Energy Info. Administration's January Short-Term Energy Outlook
How aftermath of Gulf crisis will shape energy trade
- Lifting of blockade will save Qatar extra shipping costs of oil and LNG exports, and pave way for energy deals, expert says
Oil up on inventory fall, protests in US
- Commercial crude oil stocks decrease by 8 million barrels against market expectation of 1.5-million barrel fall
US crude oil inventories fall for week ending Jan. 1
- Commercial crude oil stocks decrease by 8 million barrels, more than market expectation of 1.5-million barrel draw
Turkey's energy import bill down 24.8% in November 2020
- Last month, overall energy imports fall with increase in country's domestic and renewable energy production
US crude oil inventories fall for week ending Dec. 18
- Commercial crude oil stocks decrease by 600,000 barrels against market expectation of 3.2-million barrel fall
Brent oil price up 1.68% for week ending Dec. 18
- Vaccine campaigns in UK, Canada and US support prices while negative 2021 outlook exerts downward price pressure
Oil prices reach 9-month high over US stocks drop
- US commercial crude oil inventories rise by 3.1 million barrels relative to market expectation of 3.5 million-barrel fall