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BOB YAWGER
Oil prices edge higher on US crude stocks, market awaits Fed decisionCrude inventories fell by 1.6 million barrels to 417.5 million barrels in the week ending Sept. 13, the Energy Information Administration (...- Oil eases on resuming US output after storm, rising rig countAs U.S. Gulf Coast production and refining activity resumes, investors have opted to offload oil contracts going into the weekend, said Bob...
- Oil prices slip as rate hike worries come into focusCrude oil futures slid on Friday due to higher interest rates in Asia and the U.S., with Brent futures at $85.60 and U.S. crude at $81.20. ...
- Oil sheds 1% after Iran attack, US economic dataBrent futures at $89.54, U.S. crude futures at $84.79. Israeli interception eased fears. Strong U.S retail sales data and interest rate con...
- Oil rises nearly 2% on US economic activity, Red Sea tensionsBrent futures rose $1.52, or 1.9%, to $81.56 a barrel at 12:40 p.m. (1740 GMT). U.S. West Texas Intermediate crude gained $1.44, or 1.9%, t...
- Oil falls over 2% after Saudi pledge; investors keep wary eye on IsraelPrices settled slightly lower on Tuesday after Saudi Arabia said it was working with regional and international partners to prevent an esca...
- Crude futures surge 10% to over $105A 60 million barrel release from strategic oil reserves would be equivalent to less than six days of Russian output, and traders are weighi...
- Crude oil jumps 2% on OPEC+ output, demand prospectsDuring the session, both benchmarks reached their highest since October 2018.
- Oil falls again amid concerns over demand reboundCrude prices have risen in recent weeks, with Brent up by nearly 40% this year and WTI gaining more than that, amid expectations of demand ...
- Oil prices jump on view Iranian oil will not cause glutPrices also got a boost on expectations that a new deal is les likely than it was last week, said Bob Yawger, director of Energy Futures at...
- Oil falls after US gasoline inventories unexpectedly surgeBrent crude eased 36 cents, or 0.6 per cent, to $62.80 a barrel by 0136 GMT. U.S. oil fell 38 cents, or 0.6 per cent, to $59.39 a barrel
- Oil extends losses after gloomier outlooks from OPEC, IEABrent crude was down 34 cents, or 0.6% at $60.80 a barrel by 0102 GMT, having dropped half a percent the previous session. U.S. oil was dow...
- US oil drops as pandemic rages while presidential vote counting continuesWest Texas Intermediate was down 32 cents, or 0.8%, at $38.47 a barrel by 0040 GMT, having declined nearly 1% on Thursday. Brent was yet to...
- Oil drops 2nd day as surging coronavirus cases prompt demand worries"It is important to keep in mind that moves to the downside have the potential to be supersized," given rising coronavirus cases and increa...
- Crude oil prices fall as rise in virus cases, US inventories stall recoveryUS West Texas Intermediate (WTI) crude futures fell 23 to at $40.39 a barrel.
- Crude oil prices rise nearly 3% ahead of Opec+ meeting, easing lockdownsUS West Texas Intermediate crude (WTI) climbed 2.5 per cent, or 87 cents, to $36.31 a barrel.
- Oil pares gains after US inventories surge most on recordBrent crude was up 6 cents, or 0.2%, at $31.93 by 1100 GMT after falling 3.6% on Tuesday.
- Hedge funds stay bullish on oil amid trade truceThe trade truce and Opec’s commitment to deeper cuts have pushed futures to their highest.
- Hedge funds stay bullish on oil amid trade truce, OPEC+ cutsThe US Commodity Futures Trading Commission will release its report on WTI crude on Monday.
- Oil prices drop as ‘trifecta of trouble’ may cause glutBrent crude futures fell 68 cents to $71.39 a barrel by 1453 GMT, having backed off a session high of $73.08.
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