Oil extends gains as traders eye new US pipeline
Oil prices extended gains in Asian trade Wednesday on news that part of a major US pipeline could open next ...
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Tag: Saudi Arabia
Oil prices gain ahead of OPEC meeting
WASHINGTON: Global crude prices pushed higher Monday ahead of OPEC's December meeting on the oil market, as Saudi Arabia suggested ...
Read moreOil rebounds in Asia on bargain-hunting
Oil prices rebounded in Asian trade Thursday on bargain-hunting following an overnight decline, but analysts said a surprisingly large build ...
Read moreAsian styrene monomer rises $8/mt on possible Saudi Arabia plant problems
Asian styrene monomer prices rose $8/mt from Wednesday's assessment, with Thursday morning pegs assessed at $1,808.50/mt FOB Korea and $1,837.50/mt ...
Read moreUS crude stocks draw again; gasoline inventories unexpectedly drop: EIA
US commercial crude stocks fell for the fourth consecutive week, dropping 2.8 million barrels to 364.2 million barrels last week, ...
Read moreAnalysis of U.S. EIA data: U.S. crude oil stocks drop nearly 7 million barrels for a third straight weekly decline
The sharp reduction in U.S. commercial crude oil inventories continued apace for the reporting week ended July 12, with stocks ...
Read moreICE July Brent settles 2 cents lower at $102.62/barrel
Petroleum futures were slightly bearish Monday, with ICE July Brent settling 2 cents lower at $102.62/barrel. Volumes were low and ...
Read moreBrent contract’s fall below $100/b could signal end of selloff: analysts
The overnight decline in the front-month ICE Brent contract to below $100/b could signal an end to a selloff that ...
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