Earlier on Wednesday, OPEC cut its oil-demand growth forecast for the fifth month in a row. Investors now await the IEA’s monthly report on Thursday. ([email protected]) 0903 ET – Oil ...

Oil futures gain as the EIA's report of a 1.4 million barrel increase in U.S. crude oil stocks is offset by a bigger-than-expected 5.7 million drawdown in gasoline inventories. U.S. inflation for ...

Oil futures add to the previous day's losses as the market frets about the effect that U.S. trade tariffs could have on economic growth and oil demand. An unexpected 2.3 million barrel draw in U.S ...

NEW YORK, Feb 20 (Reuters) - Oil prices settled higher on Thursday ... "The crude build was a bit larger than expected, but there was a modest draw in gasoline and larger draw in distillate ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely ...

NEW YORK: Oil prices rose more than 2% on Wednesday, supported by a large draw in US crude stockpiles and potential supply disruptions caused by new US sanctions on Russia, while a Gaza ceasefire ...

NEW YORK (Reuters) - Oil prices settled higher on Thursday ... "The crude build was a bit larger than expected, but there was a modest draw in gasoline and larger draw in distillate, keeping total ...