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Oil slips on higher US crude stocks

Oil slips on higher US crude stocks; market watches Middle East

Oil prices edged down on Wednesday after industry data showed U.S. crude inventories had swelled more than expected, while the market kept watch on diplomatic efforts in the Middle East as Israel continued attacks on Gaza and Lebanon.

USA Today · 1d

Crude oil prices today: WTI is trading at $69.97

WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.

The Wall Street Journal on MSN · 1h

Oil Slips Amid U.S. Crude Stocks Build Report, Middle East Uncertainties

Oil prices slipped in early European trade on reports of a U.S. crude stockpiles build and as markets monitor developments in the Middle East.

Reuters on MSN · 7h

Oil slips on higher US crude stockpiles; market watches Middle East

Oil prices dipped on Wednesday after industry data showed U.S. crude inventories swelled more than expected, though declines were capped as the market watched diplomatic efforts in the Middle East after Israel continued attacks on Gaza and Lebanon.

Oil prices, China

MarketWatch on MSN · 1d

Oil settles higher after last week’s 8% drop as traders weigh China demand concerns

Oil prices were rising on Monday morning, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy for the world’s top oil importer.

Reuters on MSN · 1d

Oil prices steady on Mideast ceasefire push, China demand weighs

Oil prices steadied near $74 a barrel on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and as slowing demand growth in China, the world's top oil importer,

EconoTimes · 1d

Oil Prices Decline Amid Demand Concerns and Geopolitical Tensions

Oil Prices Slide in Asian Trade Oil prices experienced a downturn in Asian markets on Tuesday as a recent rebound lost momentum. Concerns regarding slowing demand in China, a major oil consumer, continue to

1hon MSN

Commodity Roundup: Oil falls as data shows U.S. inventory build, safe-haven gold steady

Oil prices slipped 1% on Wednesday, reversing previous sessions' gains, after data showed a bigger-than-expected draw in U.S.

21h

The Oil Industry’s Future Hangs In The Balance Of The Election

As U.S. crude oil and gas production nears a potential peak, the outcome of the 2024 presidential election could decide the ...

1h

Namibia’s Next Oil Drilling Wave to Start With Galp Rig Arrival

Namibia’s next wave of offshore oil drilling is set to begin with the arrival of a rig near an existing discovery made by ...

19hon MSN

Oil scores back-to-back gains, but ‘bearish landscape’ remains

Oil futures moved higher Tuesday, attempting to claw back steep losses suffered last week, with prices supported by a more ...

2don MSNOpinion

Why the Oil Market Is Not Shocked

Geopolitical turmoil, particularly in the Middle East, used to send oil prices soaring, as frantic traders—anticipating ...

19h

One State's Answer for Peak Oil Production: A $58 Billion Sovereign Wealth Fund

To understand what seesawing oil prices mean in practice, look no further than New Mexico, where America’s shale boom has ...

6hon MSN

Saudi Arabian economic growth to accelerate in 2025 as oil taps open

Economic growth in Saudi Arabia will accelerate next year thanks to higher oil output after two years of modest performance, ...

2dOpinion

Why the Oil and Gas Industry Is So Afraid of Kamala Harris

Mr. Mingle is an independent journalist and the author of “Gaslight: The Atlantic Coast Pipeline and the Fight for America’s ...

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