Oil prices down on US fuel stocks build, dollar strength
Oil prices fell more than 1% on Wednesday as a stronger dollar and large builds in U.S. fuel inventories last week pressured prices, reversing earlier gains driven by tightening supplies from Russia and other OPEC members.
Oil prices edge up as U.S. crude supplies fall, gasoline stocks climb
Oil futures edged a bit higher on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh strai
U.S. Crude Oil Stockpiles Extend Decline to Seven Weeks
U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries increased their capacity use.
Oil prices extend losses on rising U.S. fuel inventories
Oil prices fell on Thursday, extending losses from the previous day, pressured by large builds in U.S. fuel inventories last week, though concerns over tighter supplies from OPEC members and Russia capped the decline.
Oil prices tick up after industry data shows fall in U.S. crude inventories
Oil futures were flat to slightly higher Wednesday, with investors awaiting official data on U.S. inventories after an industry report was said to show a large drop in crude stocks but significant increases in gasoline and distillates.
Crude oil turns lower as U.S. supplies fell but fuel stocks jumped more than expected
Oil futures pulled back Wednesday to their lowest levels in a month, following the release of bearish data from the U.S. government's weekly inventory report showing large increases in domestic gasoline and distillate stocks,
Oil Slips Amid Stronger Dollar, U.S. Fuel Stocks Build
Oil edged lower in early trade after falling more than 1% in the previous session due to a stronger dollar and a rise in U.S. fuel stockpiles.
China may trim fuel oil imports amid 2025 tax hike, sources say
China's fuel oil imports are expected to drop in early 2025 following a hike in the product's import tax from Jan. 1, ...
Plug Power: Could The Completion Of The $1.66 Billion DoE Loan Trigger A Short Squeeze?
Plug Power’s $1.66 billion DoE loan hinges on hydrogen PTC stability. I believe its completion could shift investor sentiment ...
Ford recalls nearly 300,000 F-Series trucks over defective fuel pumps
Ford Motor is recalling 295,449 diesel-engine trucks because a defective fuel pump could cause a loss of power, raising the ...
National Fuel predicts gas bills will rise next winter. How much could prices rise?
It's likely that the price of natural gas that heats your home will go up beginning Aug. 1. National Fuel Gas Distribution ...