In early Asian trade on Thursday, oil prices recovered slightly from 16-week lows, with WTI rising to $62.09 and Brent trading at $65.68. Markets were buoyed by renewed expectations of tougher sanctions on Russian crude, even as caution over higher OPEC+ supply and weak U.S. economic signals capped upside. The two benchmarks had suffered across the prior three sessions. On Wednesday, Brent and WTI each fell roughly 1 %, with Brent closing at its lowest since June and WTI at its weakest since May. A key ...

By Erwin Seba HOUSTON (Reuters) -Oil prices rose on Friday as Ukraine's drone attacks on Russia's energy infrastructure cut the country's fuel exports. Brent futures settled at $70.13 a barrel, up 71 cents, or 1.02%. U.S. West Texas Intermediate (WTI) crude finished at $65.72 a barrel, gaining 74 cents, or 1.14%. Both benchmarks are set to register their biggest increases since mid-June. "Markets continued to be focused on the situation between Russia and Ukraine," said John Kilduff, partner with Again ...

Ukraine has stepped up its attacks on Russian refineries and oil infrastructure, which is bullish for crude prices as it curbs Russian crude exports and tightens global oil supplies. Last Thursday, Ukraine attacked Russia's Salavat and Volograd oil refineries, halting around 300,000 bpd of refining capacity. Last Tuesday, Russia's Transneft Pipeline, which handles more than 80% of the country's oil, restricted the ability to store crude. Also, the Kirishi refinery, one of Russia's biggest refineries that ha ...

(Bloomberg) -- Oil companies in Iraq’s Kurdistan agreed with the federal and regional governments to resume oil exports that have been halted for more than two years, paving the way for supply into a market on the brink of a glut. Eight companies that together account for more than 90% of the Kurdistan region’s production have reached in-principle deals, according to a statement from the group representing the firms. Shipments through a pipeline to Turkey’s Mediterranean coast should begin “in the coming ...

Ukraine has stepped up its attacks on Russian refineries and oil infrastructure, which is bullish for crude prices as it curbs Russian crude exports and tightens global oil supplies. Last Thursday, Ukraine attacked Russia's Salavat and Volograd oil refineries, halting around 300,000 bpd of refining capacity. Last Tuesday, Russia's Transneft Pipeline, which handles more than 80% of the country's oil, restricted the ability to store crude. Also, the Kirishi refinery, one of Russia's biggest refineries that ha ...

By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% to a seven-week high on Wednesday as a surprise drop in U.S. weekly crude inventories added to a sense in the market of tightening supplies amid export issues in Iraq, Venezuela and Russia. Brent futures rose $1.68, or 2.5%, to settle at $69.31 a barrel, while U.S. West Texas Intermediate (WTI) crude futures rose $1.58, or 2.5%, to settle at $64.99. That was the highest close for Brent since August 1 and WTI since September 2. U.S. crude ...

November WTI crude oil (CLX25) today is up +1.58 (+2.54%), and November RBOB gasoline (RBX25) is up +0.0302 (+1.57%). Crude oil and gasoline prices are sharply higher today on concerns about Russian crude supplies after NATO promised a "robust" response to Russian incursions into its airspace.   Today's economic reports, which showed weaker-than-expected manufacturing activity in the Eurozone and the US, are bearish for energy demand and crude prices. More News from Barchart Crude rallied today after NA ...

By Erwin Seba HOUSTON (Reuters) -Oil prices dropped on Friday as worries about large supplies and declining demand outweighed expectations that the year's first interest-rate cut by the U.S. Federal Reserve would trigger more consumption. Brent crude futures settled at $66.68 a barrel, down 76 cents or 1.1%. U.S. West Texas Intermediate futures finished at $62.68, down 89 cents or 1.4%. Both benchmarks rose for a second consecutive week. "Oil supplies continue to remain robust and OPEC is reducing its ...

原油价格变动 - 布伦特原油期货下跌52美分或0.76%至每桶68.22美元 [1] - 美国WTI原油期货下跌47美分或0.73%至每桶64.05美元 [1] 美国库存与需求状况 - 美国原油库存上周大幅下降 主要受出口激增和进口锐减影响 [2] - 馏分油库存增加引发需求担忧 抑制价格上行空间 [2] - 柴油库存增长被视为整个石油综合体的薄弱环节 [2] 货币政策影响 - 美联储如期降息25个基点 并表示将在年内稳步降低借贷成本 [3] - 政策制定者针对就业市场疲软问题采取应对措施 [3] 供应端动态 - 哈萨克斯坦于9月13日恢复通过巴库-第比利斯-杰伊汉管道的石油供应 [3] - 尼日利亚总统解除河流州为期六个月的紧急状态 该州是原油出口枢纽 [4] - 乌克兰对俄罗斯能源基础设施的袭击加剧 近期攻击强度提升 [4] - 俄罗斯Transneft警告生产商可能需削减产量 因关键出口港口和炼油厂遭无人机攻击 [4]

By Erwin Seba (Reuters) - Oil prices rose on Friday after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about U.S. demand. Brent crude futures settled at $66.99 a barrel, up 62 cents, or 0.93%. U.S. West Texas Intermediate crude finished at $62.69, a gain of 32 cents, or 0.51%. Early in the day, crude reacted to the drone attack on Russia's northwestern port of Primorsk, which led to a suspension of oil loading operations overnight ...