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Oil Prices Dip As Inventories Build Across The Board

Crude prices fell slightly after the EIA reported an inventory build across the board on Wednesday morning, confirming the increase in commercial crude inventories from yesterday s API report

United statesToshitaka tazawaAmin nasserUs energy information administrationFederal reserveAmerican petroleum instituteInformation administrationFujitomi securitiesDaramco amin nasserWest texas intermediateIrina slavOil pricesOil marketsOil supply

Oil Jumps On Massive Crude Inventory Draw

Oil Jumps On Massive Crude Inventory Draw
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Oil keeps sliding on fears rise in US rates would weaken demand

Slack recovery in the Chinese economy is also weighing on market sentiment, analyst says

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Oil prices fall as Shanghai lockdown raises demand fears

Brent crude futures slid as low as $115.32 a barrel and were trading down $5.15, or 4.3 per cent, at $115.50 at 0731 GMT.

United statesKazuhiko saitoTexas intermediateFujitomi securities

Oil Prices Drop Amid Shanghai Lockdown, Lower Demand Concerns

Oil prices slid Monday as China’s economic capital, Shanghai, initiated a two-stage lockdown of 26 million people to contain surging COVID-19 cases.

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