Provided by Dow Jones
Jul 29, 2021 4:15 AM UTC
Oil prices settle at 2-week high as U.S. crude supplies fall and gasoline demand stays strong Oil futures post their highest finish in two weeks on Wednesday, buoyed by a weekly decline U.S. crude inventories and ongoing strength in implied demand for gasoline. However, concerns that renewed restrictions tied to the spread of the coronavirus delta variant will lead to less fuel demand limit oil s price rise.
Analysts Expect 43 Billion-Cubic-Foot Rise in U.S. Natural-Gas Inventories U.S. government natural-gas data due Thursday are expected to show inventories increased last week by 43 billion cubic feet an above-normal amount for this time of year.
Provided by Dow Jones
Oil prices end lower on demand risks tied to spread of coronavirus delta variant Oil futures settle lower Tuesday as traders weigh worries over the delta variant of the coronavirus that causes COVID-19 and its impact on the economy, and energy demand.
U.S. Crude-Oil Stockpiles Likely to Fall in DOE Data, Analysts Say U.S. crude-oil stockpiles are expected to decrease from the previous week by 2.2 million barrels while gasoline stockpiles are expected to fall by 1 million barrels in data due Wednesday from the U.S. Energy Department, according to a survey of analysts and traders.