crude stocks – Market-Tracker

Crude Oil Fell As the IEA Reports Increased Global Stocks Overall

Mahalakshmi@fastura.com7 months ago02 mins

Yesterday, crude oil prices fell by -0.2% to settle at 6624 after the International Energy Agency (IEA) revealed a notable rise in global oil stocks for March. The increase in oil retained aboard tankers in transit is mostly responsible for the 34.6 million barrel increase reported by the IEA in February. With the unloading of…

Due to persistent inflation and a larger-than-expected build in US crude stocks, crude oil prices have fallen

Mahalakshmi@fastura.com10 months ago02 mins

Early on Wednesday in Asian trading, oil prices dropped as investors reduced their expectations of a U.S. Federal Reserve interest rate cut and a U.S. industry organization reported that crude stocks increased more than anticipated last week. When the market started at 0000 Brent futures dropped 29 cents, or 0.4%, to $82.48. West Texas Intermediate…

Tag: crude stocks

Crude Oil Fell As the IEA Reports Increased Global Stocks Overall

Due to persistent inflation and a larger-than-expected build in US crude stocks, crude oil prices have fallen

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