Futures Movers: Oil Prices Fall On Signs Of Surprise U.s. Inventory Rise

Oil prices fell Wednesday after data from the American Petroleum Institute showed a surprise jump in inventory supplies, ahead of supply numbers from the Energy Information Administration due later.

BING NEWS:
  • U.S. Crude Oil Stockpiles Fall More Than Expected
    Commercial crude oil stockpiles excluding the Strategic Petroleum Reserve fell by 4.2 million barrels to 416.8 million barrels in the week ended Dec. 20 and were about 5% below the five-year average ...
    12/27/2024 - 5:20 am | View Link
  • Oil Moves up on Inventory Dip
    The last EIA inventory data of 2024 reflected a larger than expected draw in crude inventories and ongoing draws at the Cushing hub ...
    12/27/2024 - 4:16 am | View Link
  • Oil Prices Rise on China Stimulus and Falling U.S. Inventories
    Oil prices are rising on the back of China's monster stimulus package and continued signs of strong demand in North America.
    12/27/2024 - 3:01 am | View Link
  • Oil prices settle higher with U.S. crude supplies down a 4th straight week
    Oil futures on Wednesday were on track to post a gain for the session after back-to-back losses, with prices getting a lift from official U.S. data showing a fourth consecutive weekly decline in ...
    12/18/2024 - 7:45 am | View Link
  • Oil Prices Stall as Fed Signals Loom, China Demand Slips, and US Inventory Data Surprises
    Oil prices stalled in Asian trading on Wednesday, with Brent at $73.20, as markets braced for Federal Reserve rate signals. Weakened demand from China, mixed U.S. inventory data, and a strengthening ...
    12/17/2024 - 2:17 pm | View Link
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