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9 hours ago · Oil rates steadied on Wednesday on expectations for greater need as the U.S. dollar weakened and a report revealed U.S. crude and gas inventories fell, but longer term, need in developed nations was seen flagging this year. Brent unrefined futures were down 5 cents at $82.33 a. barrel at 1042 GMT. U.S. West Texas Intermediate unrefined futures. ( WTI) fell 1 cent to $78.01 a barrel. U.S. crude ...
9 hours ago · Advertisement. NEW YORK :Oil prices fell slightly on Friday as investors weighed weak U.S. fuel demand, but key inflation data for May boosted the chances of the U.S. Federal Reserve starting to ...
9 hours ago · For the week, Brent rose 0.02 per cent while WTI futures posted a 0.2 per cent loss. Both benchmarks gained around 6 per cent for the month. While US oil production and demand rose to a four-month high in April, demand for petrol fell to 8.83 million barrels per day, its lowest since February, according to the Energy Information Administration’s Petroleum Supply Monthly report published on ...
