Oil prices surge

Oil prices surge as OPEC supply drops, US crude stocks decline
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while U.S. crude oil stocks fell last week, market sources said, citing American Petroleum Institute figures. Also supporting prices was an unexpected increase in U.
Oil prices edge up as U.S. crude supplies fall, gasoline stocks climb
Oil futures edged a bit higher on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh strai
Crude oil futures decline as market expects comfortable supply in 2025
Crude oil futures decline as market anticipates comfortable supply in 2025, while natural gas and guargum prices rise.
Oil Rises Amid Expectations of Tighter Supply From Russia, Iran
Oil rose in the early Asian session amid expectations of tightening supply from Russia and Iran due to Western sanctions, Exness’ Maria Agustina Patti said.
Oil prices tick up after industry data shows fall in U.S. crude inventories
Oil futures were flat to slightly higher Wednesday, with investors awaiting official data on U.S. inventories after an industry report was said to show a large drop in crude stocks but significant increases in gasoline and distillates.
Oil rises on tighter OPEC supply, US jobs data
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while data showing an unexpected increase in U.S. job openings pointed to expanding economic activity and consequent growth in oil demand.
US oil futures rise after API reports much larger drop in US crude stocks
U.S. crude oil futures inched higher in post-settlement trading Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly domestic crude stockpiles. Crude Oil WTI Futures,
Oil Supported by Stronger Fundamentals, Supply Concerns
Oil prices were rising in early trade, supported by a stronger physical market and concerns over Russian and Iranian flows.
Oil prices settle up on possible supply disruption, hopes for China demand
Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western ...
Crude Oil Prices1h
Large Jump in Fuel Inventories Outweighs Crude Draw
Crude inventories at the Cushing Oklahoma hub continue to draw, but a large increase in gasoline and distillate stockpiles resulted in an increase in commercial petroleum inventories ...
TheCable9h
Prioritise crude oil supply to local refineries, group tells NNPC
A group of concerned Nigerian citizens has called on the Nigerian National Petroleum Company (NNPC) Limited to prioritise ...
Oil rises on signs of tighter market; key Chinese port said to ban U.S.-designated vessels
Crude oil futures rise on Chinese stimulus hopes and weather demand, while concerns over Iranian supply disruptions support ...
Oil News: Crude Faces Bearish Pressure with 200-Day Average in Sight
Oil futures hover near key support as demand weakens. Traders eye $72.35 for clues on crude’s next move. Can supply tightness ...
The Punch Newspapers12h
Dangote refinery retained 13% of Nigeria’s crude exports – Report
The Dangote Petroleum Refinery retained 13 per cent of Nigeria’s crude oil exports as domestic supply in 2024, a new report ...
Oil prices end higher, lifted by a 'bullish outlook' for the year ahead
Oil futures on Tuesday marked their highest settlement since October, posting their sixth gain in seven sessions. A lot of the recent trade activity has been driven by “hedge ...