Oil prices were moving higher early on Thursday as the demand outlook continued to improve on the back of a larger-than-expected inventory draw for the week ending May 10.
June WTI crude oil (CLM24) on Wednesday closed up +0.61 (+0.78%), and June RBOB gasoline (RBM24) closed up +3.72 (+1.51%). Crude oil and gasoline prices rebounded Wednesday from 2-1/2 month lows ...
Oil rose for a second day, buoyed by shrinking US stockpiles and a wider risk-on mood triggered by signs of ebbing US ...
Crude oil prices moved higher today after the Energy Information Administration reported an inventory decline of 2.5 million barrels for the week to May 10.
WTI Oil WTI Oil 150524 Daily Chart . WTI oil rebounded from session lows as traders reacted to the EIA report, which ...
Oil rates experienced a decline on Tuesday, influenced by the strength of the US dollar index and in anticipation of significant US inflation data an ...
Global benchmark Brent topped $83 a barrel after climbing 0.5% on Wednesday, while US benchmark West Texas Intermediate was ...
Pump prices for fuel products could decline again next week, as oil prices in the Asian market fell amid favorable global ...
World oil demand is forecast to grow by 1.1 million barrels per day this year, down 140,000 bpd from last month's projection.