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Tag: crude stocks


Finance Tech, Trading

Oil eases as Fed caution, stock build outweigh OPEC+ news

February 27, 2024

Via: Investing.com

Oil prices pulled back in Asia on Wednesday as the prospect of a delay in the U.S. rate-cutting cycle and a rise in U.S. crude stocks offset a boost on Tuesday from news OPEC+ might extend its output cuts. Brent […]


Energy, Industries

Oil prices rise on surprise drop in U.S. crude, fuel stocks

September 28, 2022

Via: Investing.com

Oil prices rose on Wednesday following unexpected drawdowns in U.S. crude and fuel stocks, outweighing downward pressure from the continued strength in the U.S. dollar. Brent crude futures were up $2.33, or 2.7%, at $88.60 per barrel by 11:05 a.m. […]