Edition:
United Kingdom

Julia Simon

25 Apr 2017

Oil settles slightly higher, then API reports surprise build

NEW YORK Oil prices settled slightly higher on Tuesday in volatile trading, then were mixed after hours when an industry group's preliminary report showed a surprise build in U.S. crude inventories.

21 Apr 2017

Oil dives, sending U.S. crude below $50 for first time in two weeks

NEW YORK Oil prices tumbled more than 2 percent on Friday, notching the biggest weekly decline in more than a month on mounting evidence that U.S. production and inventory growth were offsetting OPEC's attempts to reduce the global crude glut.

20 Apr 2017

Oil prices mixed in choppy trade, rising U.S. production weighs

NEW YORK Oil prices ended mixed on Thursday after a seesaw trading session, as investors weighed rising U.S. production against geopolitical uncertainties and comments from leading Gulf oil producers that an extension to OPEC-led supply cuts was likely.

19 Apr 2017

Oil slides 3.8 percent to two-week low on U.S. gasoline build

NEW YORK Oil fell to a two-week low on Wednesday, after a surprising build in U.S. gasoline inventories and a rise in domestic crude output that is partially offsetting cutbacks by other countries trying to reduce a global glut.

17 Apr 2017

Oil edges lower, trade thin as some cash in after three-week rally

NEW YORK Crude oil prices slipped 1 percent on Monday in subdued trading after a long Easter holiday weekend, on news of rising U.S. shale production and profit-taking following three straight weeks of gains.

13 Apr 2017

Oil near flat in strong week for crude

NEW YORK Oil prices were little changed in modest volume on Thursday, during a week in which crude benchmarks recouped more of March's losses on increased hopes world supply and demand were nearing balance.

12 Apr 2017

Oil eases off one-month peak as traders eye Cushing build, U.S. supply

NEW YORK Oil futures fell on Wednesday, pulling back after eight straight sessions of gains after U.S. crude inventory data suggested the market was still heavily supplied.

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