Oil prices fell slightly on Wednesday as an industry report showed higher crude inventories in the United States, reinforcing concerns about oversupply, though price declines were limited by a tighter fuel market because of attacks against Russian oil infrastructure. ›
Oil prices fell nearly 1% on Tuesday as supply concerns eased with the resumption of loadings at a Russian export hub, which was briefly halted by a Ukrainian drone and missile strike, as traders continued to assess the impact of Western sanctions on Russian flows. ›
Oil prices fell on Monday, erasing last week’s gains, as loadings resumed at the key Russian export hub of Novorossiysk, after a two-day suspension at the Black Sea port that had been hit by a Ukrainian attack. ›
Oil prices climbed about 1% on Friday, boosted by supply fears after a Ukrainian drone attack hit an oil depot in a major Russian export hub, the Black Sea port of Novorossiysk. ›
Oil prices edged down on Thursday, extending losses from the previous session, as a report showing rising crude inventories in the U.S. reinforced concerns that the global supply is more than sufficient to meet current fuel demand. ›
Oil prices softened on Wednesday but investor expectations that an end to the longest-ever U.S. government shutdown could boost demand in the world’s biggest crude-consuming nation curbed losses. ›
Oil prices dipped in Asian trade on Tuesday as oversupply concerns outweighed uncertainty over the impact of U.S. sanctions on Russian oil majors Rosneft and Lukoil and optimism over progress toward reopening the U.S. government. ›
Oil prices rose on Monday on optimism that the U.S. government shutdown could end soon and lift demand in the world’s top oil consumer, offsetting concerns about rising supplies globally. ›
Oil prices rose on Friday following three days of declines on worries about excess supply and slowing demand in the U.S., though prices are set for a second weekly loss. ›
Oil prices rose on Thursday as oversupply concerns eased, after closing at two-week lows in the prior session on weaker demand. ›
