Barrel Tag

Oil prices slipped on Thursday, after large gains made the previous day on the back a larger-than-expected drawdown in crude oil stocks in the United States. Brent crude oil fell 12 cents, or 0.2%, to...

Oil prices climbed on Wednesday after industry data showed a larger than expected drawdown in crude oil stocks in the United States, the world's largest oil consumer, and on expectations that demand will recover as...

Oil prices hit a six-week high on Tuesday on concerns that another storm could affect output in Texas this week even as the U.S. industry struggles to return to normal production levels after Hurricane Ida...

Oil prices rose on Friday on growing signs of tightness in U.S. markets after Hurricane Ida hit offshore output, although benchmarks were heading for weekly losses of nearly 1% after China announced plans to sell...

Oil prices rose for a second session on Thursday, recovering from earlier losses as a decline in U.S. Gulf of Mexico output following damages from Hurricane Ida underpinned the market. Brent added 26 cents, or 0.36%...

Oil prices climbed on Wednesday, recouping some overnight losses from a stronger dollar and demand concerns, as well as a slow production restart in the U.S. Gulf of Mexico and resumption of refining activities. Brent crude...

Oil prices fell on Friday after a weaker than expected U.S. jobs report indicated a patchy economic recovery that could mean slower fuel demand during a resurgent pandemic. Losses were capped by concerns that U.S. supply...

Oil prices were mixed on Friday after a strong rise in the previous session on a weaker dollar and a fall in U.S. crude stocks and were set for modest weekly gains ahead of a...