Last U.S. Crude Inventory Data Of 2024 Lifts Oil Prices By Over 1%
Crude inventories stateside have perhaps offered the final pointer of 2024 marginally lifting oil prices but demand concerns persist heading in to the new year.
U.S. Crude Oil Stockpiles Fall More Than Expected
U.S. crude oil inventories fell by more than expected last week and product stockpiles were mixed as refineries raised their capacity use, according to EIA data.
Oil settles up over 1% on large draw from US crude stocks
Oil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of year-end, buoyed by a larger-than-expected drawdown from U.S. crude inventories last week.
Is China’s Fiscal Stimulus Enough to Drive Oil Prices Higher in 2025?
China's fiscal stimulus has provided some upward momentum for oil market, but questions still remain over the longevity of this movement.
Oil News: Crude Prices Set to Drop in 2025 – How Low is Too Low?
Oil prices face bearish pressure in 2025 as rising supply outpaces demand. Analysts expect Brent to hold near $74, but risks of a drop below $50 persist.
Oil rises on China stimulus hopes, US inventory drop
Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support.
Oil rises as U.S. stockpiles post larger than expected draw
Crude oil futures rose Friday as the U.S. reported a fifth straight weekly draw in U.S. crude inventories, and following an Israeli aerial assault Thursday against Houthi rebels in Yemen, stoking concerns about more potential instability in the Middle East.
Crude Oil Prices12h
Oil Moves up on Inventory Dip
The last EIA inventory data of 2024 reflected a larger than expected draw in crude inventories and ongoing draws at the ...
Oil prices slide as traders await fresh supply data
Crude oil prices climbed on Thursday as hopes for more Chinese government stimulus helped boost demand for the commodity.
FXEmpire.com15h
Crude Oil Price Forecast – Crude Oil Continues to See Overhang
WTI Crude Oil Technical Analysis The West Texas Intermediate Crude Oil Market has rallied ever so slightly in the early hours on Thursday as we continue to see a lot of noisy behavior. In ...
Tariff threats cast a shadow over US reliance on Canada for the majority of its oil imports
The U.S. increasingly relies on Canadian crude oil to meet domestic demand and that relationship faces potential strain amid ...
MarketWatch1d
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $102.672 0.008 0.01% 5-Year U.S. Treasury Note Continuous Contract $106.141 0.016 0.01% 10-Year U.S. Treasury Note Continuous Contract $108.656 0.000 ...
Oil Prices Rise; Chinese Economy and Stimulus Set to Be in Focus
Oil gained on market optimism around a recovery in demand for crude from China, with government support measures expected to crystallize over 2025, XS.com said.
Barchart on MSN12h
Crude Prices Supported by Dollar Weakness Ahead of Weekly EIA Report
WTI crude oil (CLG25) today is up +0.70 (+1.01%), and February RBOB gasoline (RBG25) is up +0.0102 (+0.52%). Crude oil and ...
Oil set to end last week of 2024 with modest gains on China demand hopes
Oil prices were headed for a weekly gain on Friday as optimism over demand recovery from China aided sentiments. Meanwhile, a ...