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Oil ticks up as rising crude stocks are offset by products demand

Oil prices rose slightly on Friday as concern over an economic slowdown in China, the world's biggest oil consumer, was countered by bullish signals from both the Chinese and U.S. refining sectors......»»

Category: topSource: reutersOct 18th, 2019

Oil extends gains despite weak demand outlook

Oil prices extended their gains on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand......»»

Category: topSource: reutersOct 24th, 2019

Oil edges higher, but weak demand outlook weighs

Oil prices climbed on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand......»»

Category: topSource: reutersOct 24th, 2019

Oil edges up on U.S. stocks fall, Mideast tensions, trade talk signs

Oil prices nudged higher on Wednesday on rising tensions over Iran, a sharp fall in U.S. crude stocks and positive signs on Sino-U.S. talks, although worries about weak demand kept a cap on gains......»»

Category: topSource: reutersJul 24th, 2019

Crude futures mixed; WTI extends losses after U.S. oil products stocks gain

Oil prices were mixed on Thursday with U.S. crude extending losses after falling in the previous session after data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season......»»

Category: topSource: reutersJul 18th, 2019

Crude futures steady after fall on U.S. oil products stocks gain

Oil prices steadied on Thursday after falling in the previous session when official data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season......»»

Category: topSource: reutersJul 17th, 2019

Crude futures fall after strong build in U.S. oil products stocks

Oil prices fell on Thursday, extending declines into a fourth day, after official data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season......»»

Category: topSource: reutersJul 17th, 2019

Stocks edge higher as crude oil gains

NEW YORK - A gauge of global equities edged higher on Monday as another drop in Boeing shares and concerns U.S. companies will report a decline in earnings for the first time in three years were offset by rising crude prices that lifted oil shares......»»

Category: topSource: reutersApr 8th, 2019

Stocks mostly flat on profit concerns, oil gains

NEW YORK - A gauge of global equities was mostly flat on Monday as another drop in Boeing shares and concerns U.S. companies will report a decline in earnings for the first time in three years were offset by rising crude prices that lifted oil shares......»»

Category: topSource: reutersApr 8th, 2019

Crude Oil Price Rises on Drop in Inventories, Ignoring Big Increases in Gas, Diesel Stocks

U.S. crude oil inventories fell more than expected but production of gasoline and distillates more than offset the drop. Exports of both crude and refined products rose sharply in the week as well......»»

Category: blogSource: 247wallstJun 20th, 2018

Healthcare Stocks Earnings Due on Aug 6: EVHC, THC, BKD

Increased demand for healthcare products and service partly offset.....»»

Category: worldSource: nytAug 3rd, 2018

China worries send stocks down, rising supply hits oil

Global stock markets tumbled on Monday after Caterpillar and Nvidia Corp warned of weak Chinese demand while oil headed for its biggest one-day drop in a month on expectations of growing U.S. crude supply......»»

Category: topSource: reutersJan 28th, 2019

China worries slam stocks, rising supply hits oil

Global stock markets tumbled on Monday after Caterpillar and Nvidia Corp warned of weak Chinese demand while oil posted its biggest one-day drop in a month on expectations of growing U.S. crude supply......»»

Category: topSource: reutersJan 28th, 2019

Oil prices broadly steady despite bearish signals

Oil prices were broadly steady on Thursday despite bearish signals from rising U.S. crude oil stocks and weak factory activity in China......»»

Category: topSource: reutersOct 31st, 2019

Crude Price Slips on Rising US Stockpile

The U.S. stockpile of crude oil rose by nearly 6 million barrels last week while stocks of gasoline and diesel fuel declined. The price of crude has slipped by less than 1% following the report from........»»

Category: blogSource: 247wallstOct 30th, 2019

Oil steadies above $61, weak demand outlook weighs

Oil steadied above $61 a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect of further action by OPEC and its allies to support the market......»»

Category: topSource: reutersOct 24th, 2019

Oil slips below $61 as weak demand outlook weighs

Oil slipped below $61 a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect of further action by OPEC and its allies to support the market......»»

Category: topSource: reutersOct 24th, 2019

Oil pares U.S. stock-draw gains on weak demand outlook

Oil prices dipped on Thursday on lingering concerns about a weak demand outlook, after surging more than 2% in the previous session on the back of a surprise draw in U.S. crude stocks......»»

Category: topSource: reutersOct 23rd, 2019

U.S. crude stocks expected to rise for sixth consecutive week: Reuters poll

U.S. crude stockpiles likely rose for the sixth straight week, while refined products stockpiles likely fell last week, an extended Reuters poll showed on Tuesday......»»

Category: topSource: reutersOct 22nd, 2019

Oil falls, fanned by inventory rise and global demand worries

Oil prices fell on Thursday after a larger-than-expected rise in U.S. crude stockpiles and a series of weak economic figures, although a drop in fuel inventories helped offset the decline......»»

Category: topSource: reutersOct 17th, 2019

KeyBanc Upgrades 3 Oil Stocks On Higher Crude Price Expectations

With oil prices rising amid increasing Middle East tension, KeyBanc Capital Markets upgraded three oil and gas.....»»

Category: blogSource: benzingaSep 16th, 2019