Oil futures climb on Wednesday, buoyed by the biggest weekly decline in U.S. crude supplies so far this year, even as OPEC+ agrees to taper record production cuts starting next month.

Topics:  u.s    opec   futures   oil   decline   cuts   biggest weekly   
BING NEWS:
  • Crude oil prices today: WTI prices are up 7.95% YTD
    WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...
    05/3/2024 - 3:27 am | View Link
  • Oil prices set for steepest weekly drop in three months
    LONDON, May 3 (Reuters) - Oil prices steadied on Friday after weaker-than-expected U.S. jobs data, but kept on course for their steepest weekly loss in three months ... "Hopes of a ceasefire and a ...
    05/2/2024 - 1:00 pm | View Link
  • Oil prices struggle for direction on rise in U.S. supplies, Middle East cease-fire talks
    Oil futures saw mixed trading Thursday, with U.S. and global benchmark prices struggling ... suffering their biggest one-day percentage drops since Jan. 8. The slump came after U.S. commercial crude ...
    05/2/2024 - 3:19 am | View Link
  • Oil prices end lower as weekly U.S. crude supplies rise by over 7 million barrels
    Oil futures declined Wednesday, poised for a third straight session loss after official U.S. data revealed an unexpected weekly rise of more than 7 ...
    05/1/2024 - 3:54 am | View Link
  • Ceasefire talks drop oil more than $1
    US crude oil prices declined Monday on Middle East ceasefire ... US inflation rose in line with expectations but posted a weekly decline as geopolitical risk premiums eased.
    04/29/2024 - 1:00 pm | View Link
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