Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Olga Rolenko | Moment | Getty Images U.S. crude oil fell for the third consecutive trading session on Wednesday, dipping […]

(Reuters) -Oil prices were little changed on Wednesday after two straight days of losses, as the deadlock in Gaza ceasefire talks renewed uncertainty about the security of supplies from the Middle East, offsetting a bigger-than-expected build in U.S. crude inventories. Brent crude futures were up marginally at $89.49 per barrel at 0330 GMT, while U.S. […]

(Bloomberg) — Oil fell after US crude inventories increased the most since November, swelling even more than an industry-funded report had indicated they would. Most Read from Bloomberg West Texas Intermediate slipped below $78 a barrel after earlier rising as much as 1.2%. US crude stockpiles increased 12 million barrels last week, bringing inventories to […]

A pump jack operates in the Permian Basin oil production area near WinkReuters The US set a new record exporting 3.99 million barrels a day of crude oil in first half of 2023. That’s up 19% from the same time a year ago, EIA data shows. It comes as non-OPEC production has been whittling down […]

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Crude oil drips from a valve at an oil well operated by Venezuela’s state oil company PDVSA in Morichal July 28, 2011. REUTERS/Carlos Garcia Rawlins/File Photo Acquire Licensing Rights

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