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Andreas Hadjoudes
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CNBC U.S. crude stocks increased by 6.5 million barrels in the previous week, the surge was the fourth straight weekly build and almost triple of what analysts had forecast, according to the U.S. Energy Information Administration. Reuters Oil inched up on…
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CNBC U.S. crude inventories declined by 2.1 million barrels in the previous week, according to data from the American Petroleum Institute. Reuters Oil prices extended gains into a fourth session on Wednesday, buoyed as industry data showed a surprise…
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CNBC Iran’s exports of 1.33 million barrels per day of crude oil in the first two weeks of October, according to data from Refinitiv Eikon. Meanwhile, Saudi Arabia continues to face political pressure over the disappearance of journalist Jamal Khashoggi.…
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CNBC Saudi Arabia has been under international scrutiny following the disappearance of a prominent journalist who was a critic of the administration. Reuters Crude oil futures rose on Monday as geopolitical tensions over the disappearance of a prominent…
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CNBC Oil prices extended gains on Tuesday for the fifth straight day. The IEA said on Monday global oil demand was expected to grow in the next five years, while output from OPEC producers would rise at a much slower pace. OPEC oil ministers, U.S. shale…
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CNBC Oil prices rose early on Monday ahead of a meeting between OPEC and U.S. shale firm. Rising U.S. shale oil production has been a drag on the OPEC’s commitment to erode a prolonged global oil glut and prop up prices. Reuters Getty Images An oil pump…
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Investing.com Technical Analysis The crude oil markets have been negative during the week, as we have broken below an uptrend line recently, and have retested it during this week, only to fail again. This is a negative sign.  FXEMPIRE Christopher Lewis…
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CNBC U.S. oil prices were mixed on Friday, after three days of declines. Gains were limited as Asian share markets extended a selloff on Wall Street after news of planned U.S. tariffs on steel and aluminium. Reuters U.S. oil prices were mixed on Friday,…
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CNBC Oil prices were little changed on Thursday after falling in the previous two sessions. U.S. crude inventories rose by 3 million barrels last week, compared with analyst expectations for a build of 2.1 million barrels, data from the EIA showed.…
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