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Oil slips on buildup in US gasoline stocks; eyes on weekend OPEC+ meeting
Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on the OPEC+ meeting this weekend to discuss oil output policy.
Oil Prices Fall Ahead of OPEC+ Meeting
Oil prices fell after a U.S. inventory report showed a gasoline stockpile increase, with traders waiting for OPEC+'s decision on production cuts.
Oil Is Largely Rangebound As Market Turns Focus to OPEC+
Oil rose after trading lower earlier in the session, remaining rangebound during reduced trading volumes due to the Thanksgiving holiday, as market watchers turn their focus to OPEC+’s next move.
Oil flat after US gasoline stocks build and delay to OPEC+ meeting
Oil prices were flat on Thursday after a surprise jump in U.S. gasoline inventories and postponement of the OPEC+ meeting on output policy to Dec. 5 from Dec. 1. Brent crude futures edged up by 8 cents to $72.
11h
on MSN
Inglewood Oil Field owner sues California for 'illegal' terminating of operations
The law "represents an illegal attempt to coerce an individual company to stop operation of its legal business," oil field ...
11h
on MSN
More Oil for Fewer Migrants: Trump Is Urged to Make Deal With Venezuela
Lobbying efforts push for negotiations with strongman Nicolás Maduro instead of seeking regime change.
1d
on MSN
The Ultimate High-Yield Oil Stock to Buy With $500 Right Now
The price of Brent crude, a key global oil benchmark, has fallen by around 20% in the past seven months or so. That's a ...
3d
on MSN
Trump prepares wide-ranging energy plan to boost gas exports, oil drilling, sources say
Trump will speed permits for drilling on federal lands and plans to kill tax credits for electric cars, sources told Reuters.
1d
on MSN
Trump Treasury Nominee’s Oil Math Doesn’t Add Up
Boosting energy production is easier said than done, and the effect on the government deficit isn’t clear either.
Opinion
1d
Opinion
Trump’s Oil and Gas Math Fails to Add Up
The incoming administration’s "drill, baby, drill" demand will fall on deaf ears unless rising prices encourage more ...
23h
Canada environment minister warns oil and gas companies against withholding emissions data
Canada's environment minister warned on Wednesday that oil and gas companies would be breaking federal laws if they withheld ...
12h
on MSN
Oil, Raspberries, Smartphones: What the U.S. Imports From Canada, Mexico and China
These are some of the common items America buys from Canada, Mexico and China. There are also other, perhaps less expected ...
9h
on MSN
Ananda Krishnan Dies: Malaysian Media & Oil Tycoon Was 86
Malaysian billionaire Ananda Krishnan, whose businesses spanned across oil, gas and telecommunications, has died at the age ...
Business Times
18m
Oil up as Israel, Hezbollah trade accusations of ceasefire violation
OIL prices ticked up on Thursday after Israel and Lebanese armed group Hezbollah traded accusations that their ceasefire had ...
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