Tag: crude oil
Rouble at two-week lows as talk of new sanctions in sight
MOSCOW: The Russian rouble weakened to a two-week low versus the dollar on Thursday, pricing in risks of more sanctions against Moscow and a...
Asia-Pacific Crude-Regionals supported by demand, weaker Brent
SINGAPORE: The Asia-Pacific crude market remained supported by firm demand on Thursday while spot premiums for September-loading cargoes may rise to compensate for a...
Big crude oil margins should boost U.S. refiner earnings
© Reuters. Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing
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Oil prices fall on record US output, stock build
LONDON: Oil prices fell on Thursday after official data showed an unexpected rise in U.S. crude stockpiles, U.S. output hit a record high and...
World stocks hit month peak; dollar firms to three-week high
NEW YORK: A gauge of global stocks hit a one-month high on Wednesday as Wall Street and European markets churned higher after a raft...
Oil rises on bullish demand signals, even as US stockpiles grow
NEW YORK: Oil prices rose on Wednesday after US government data indicated bullish demand for gasoline and distillates, which overshadowed a surprise build in...
Crude Oil Prices Settle Higher Despite Surprise Build in U.S. Stockpiles
© Reuters. Crude oil prices settled higher despite...
US crude oil output hits 11mn bpd for first time ever
NEW YORK: US crude oil production last week hit 11 million barrels per day (bpd) for the first time in the nation’s history, the...
