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HOUSTON: Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in US fuel stocks outweighed oversupply concerns and demand worries stemming from a stronger dollar.
lower imports helped crude inventories eke out a minor draw, which drove oil prices. Also Read: OMC Q2 Review: IOC, HPCL, BPCL report double-digit fall in net profit on weak refinery margins ...
Investing.com -- Oil prices rose Thursday, extending gains from the prior session on the back of benign inflation as well as an unexpected draw in U.S. gasoline inventories, which helped spur some ...
At 10:05 ET (15:05 GMT), the DAX index in... Oil prices prices rise after IEA report; EIA data due By Investing.com - 23 hours ago 1 Investing.com-- Oil prices rose Thursday, rebounding after ...
The World Bank predicts a significant oil oversupply in the coming years, leading to a potential drop in oil prices below $60 per barrel. While consumers in developed countries may benefit from ...
Crude oil inventories in the US rose by 2.089 million barrels in the week ended November 8, 2024, above market expectations of a 1.85 million rise, data from the EIA Petroleum Status Report showed.
Oil scores back-to-back gains, but ‘bearish landscape’ remains China stimulus, Middle East worries support prices for now Last Updated: Oct. 22, 2024 at 3:24 p.m. ET First Published: Oct. 22 ...