inventories
(Bloomberg) — Tesla Inc. has cut prices in China and the US, its two key markets, after disappointing first-quarter sales contributed to swelling inventory. Most Read from Bloomberg In China, Tesla lowered prices across its range, with the revamped Model 3 falling to 231,900 yuan ($32,000) from 245,900 previously. The Model Y was discounted to […]
HOUSTON, Oct 4 (Reuters) – U.S. crude stocks and distillate inventories fell while gasoline inventories rose, the Energy Information Administration said on Wednesday. Crude inventories (USOILC=ECI) fell by 2.2 million barrels in the . . .
U.S. consumer price index figures for April due on Wednesday Coming up: EIA data on U.S. oil inventories at 10:30 a.m. EDT May 10 (Reuters) – Oil prices fell on Wednesday, ending a three-day rally as an unexpected rise in U.S. oil . . .
Investor hopes for oil demand in China support Iraqi northern export halt, OPEC+ cuts also underpin market US crude stockpiles expected to fall in weekly reports Coming up: API report, 2030 GMT
April 5 (Reuters) – Oil prices rose in early Asian trade on Wednesday on anticipated U.S. crude inventory declines and OPEC+’s latest output cut targets. Brent crude futures gained 38 cents to $85.32 a barrel at 0021 GMT. West Texas Intermediate U.S. crude was up 33 cents to $81.04 a barrel.
Oil rose as signs of a further drawdown in US inventories helped prices to extend a rally driven by an unexpected OPEC+ supply cut. West Texas Intermediate rose toward $81 a barrel after closing at the highest level in almost 10 weeks. The industry-funded American Petroleum Institute reported nationwide crude stockpiles fell 4.3 million barrels, […]
BEIJING, Feb 24 (Reuters) – Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States. Brent crude futures rose 61 cents, or 0.7%, to $82.82 per barrel by 0215 GMT. West Texas Intermediate crude futures (WTI) rose 63 cents, or […]
LONDON, Feb 23 (Reuters) – Oil prices stabilised on Thursday after Brent crude posted its biggest one-day loss for seven weeks in the previous session, with gains on Russian supply curbs capped by an expected rise in U.S. inventories. Brent crude futures rose 25 cents, or 0.3%, to $80.85 a barrel by 1004 GMT, compared […]
SINGAPORE, Feb 9 (Reuters) – Oil prices were broadly steady on Thursday as the prospect of higher fuel demand in China as it reopens post-COVID curbs was offset by fears that U.S. crude stocks hitting their highest for months may signal weakening demand in the world’s no. 1 economy. Brent crude futures gained 1 cent […]
An oil pumping machine is seen as non-usable gases are being burnt behind it in Sakir, south of Manama, October 11, 2014. REUTERS/Hamad I Mohammed Register now for FREE unlimited access to Reuters.com Register SINGAPORE, July 28 (Reuters) – Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed […]