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Oil Steadies After Big Drop in US Stockpiles Boosts Optimism

(Bloomberg) Oil steadied in Asia after a big decline in US crude stockpiles provided some optimism for a market weighed down by demand concerns.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over Half of Credit Suisse WorkforceWest Texas Intermediate trade ....

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Oil Prices Rise on Larger-Than-Expected Crude Draw

Oil prices rise on larger-than-expected crude draw, but fears of global economic impact persist. ....

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Oil Prices Rise 3 Percent on Significant Draw in US Crude Stockpiles

Oil prices rise 3% on bigger-than-expected U.S. crude stockpile draw, offsetting concerns over interest rate hikes and global oil demand. ....

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Crude Inventories -3.83M Barrels vs 18K Expected

Crude Inventories -3.83M Barrels vs 18K Expected
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Oil rises on rate-hike pause and US debt progress

Positive market sentiment returns as the US Fed hints at a rate hold and the debt bill passes, while concerns over mixed demand and rising crude inventories persist ....

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