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Oil prices steady
Oil prices steady as markets weigh demand against US inventories
Oil prices were little changed on Thursday as investors weighed firm winter fuel demand expectations against large U.S. fuel inventories and macroeconomic concerns.
Oil prices tick higher after sinking on higher product inventories
Oil futures ticked higher early Thursday, steadying after setting back the previous session following data that showed a rise in product inventories that offset a fall in crude supplies.
Oil Market Dynamics: Prices Retrace Amidst Declining Inventories and Key Support Levels
The prices of crude oil have retreated some gains since they hit multi-week highs after trading a peak of $75.26 to currently around $73.45. On, U.S. crude oil inventories had stayed in their
Exxon, Oil and Profit
Exxon predicts $700 million hit to profit from lower oil prices
The company faces “significant headwinds” at its refining division.
Exxon Drops After Warning of Oil, Refining Hit to 4Q Profit
Exxon Mobil Corp.’s shares fell after the company warned its fourth-quarter earnings will take a hit from lower crude prices and narrowing refining margins during the final three months of 2024.
Exxon expects reduced Q4 earnings from lower oil prices, refining squeeze
Exxon Mobil (NYSE:XOM) -1.4% in Wednesday's trading after saying its Q4 earnings were hurt by lower crude prices and narrower refining margins, in a sign that the quarter may have been a tough one for the big oil companies.
Crude Oil Prices
2h
Oil Prices Extend Gains for the Third Week in a Row
Colder weather than expected is driving up global oil demand for heating purposes, leading to a rise in oil prices for the third consecutive week.
23h
on MSN
Saudi crude oil supply to China set to fall in Feb vs Jan, sources say
Saudi Arabia's crude oil supply to China is set to decline in February from the month before, trade sources said on Thursday, ...
14h
Oil Price Update - Will Brent Break $80? Winter Demand, Offshore Drilling, And Technicals In Focus
Oil prices have started 2025 strong, defying expectations of a downturn fueled by worries about slowing demand. Click to read ...
KTVZ
2d
Rising oil prices fuel C.O. gas price rise as new year begins
Gas prices are ticking up on the High Desert and elsewhere in the first days of 2025. The major driver is a rally in crude ...
1d
Oil prices down on US fuel stocks build, dollar strength
Oil prices fell more than 1% on Wednesday as a stronger dollar and large builds in U.S. fuel inventories last week pressured ...
2d
on MSN
Crude Oil Prices Surge; Brent Crude Zooms Past $77, Why Is It Happening?
As the news cycle enters the new year of 2025, some old news appears to have found new significance in the new year. Crude ...
23h
on MSN
Why China is likely to import less crude from Saudi Arabia in February?
China may import less crude oil from Saudi Arabia on a month-on-month basis in February after the Kingdom hikes prices for ...
Crude Oil Prices
1d
Saudi Oil Exports to China Set for February Decline
Saudi Arabia's oil exports to China are expected to decrease in February due to a price increase by Aramco, impacting the ...
ig.com
3d
Brent crude oil rally stalls while copper, silver prices rise
Brent crude oil rally stalls while copper, silver prices rise amid weakening US dollar. ...
Business Times
10h
Oil settles up 1% as cold weather in US, Europe drives winter fuel demand
OIL prices rose more than 1 per cent on Thursday (Jan 9) as cold weather gripped parts of the United States and Europe, ...
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