Page 166 - Texas Intermediate News Today

U.S. crude stockpiles build for fifth straight week Elevated interest rates also weigh on prices Market eyes potential OPEC+ output cut extension By Yuka Obayashi and Jeslyn Lerh SINGAPORE, Feb 29 (Reuters) - Oil prices on Thursday extended declines from the previous session after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow…

Currency hovers at 279.80 level in inter-bank market

SINGAPORE: Oil prices fell on Thursday after a larger-than-expected build in US crude stockpiles stoked worries...

Oil prices fell on Thursday after a larger-than-expected build in US crude stockpiles stoked worries about slow demand, while signs that US interest rates could remain elevated added to pressure. Brent crude futures for April fell 43 cents, or 0.5%, to $83.25 a barrel by 0830 GMT, after rising 3 cents in the previous session. The April contract expires on Thursday and the more active May contract was down 33 cents at $81.82. US West Texas Intermediate crude futures were down 26 cents, or 0.3%, t...

WTI futures traded around $79.05 per barrel, as of 9 a.m. ET. That’s a drop of 0.11% in the last 24 hours.

Oil prices fell on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow...

Oil Prices: U.S. crude oil stockpiles rose while gasoline and distillate inventories fell last week as refiners ran at below seasonal lows due to planned and unplanned outages, the Energy Information Administration said on Wednesday.

World markets today: US stocks surge after inflation report, yields dip

LONDON: Oil prices were little changed Thursday as January U.S. inflation data reinforced expectations for a June...

Major stock markets were little changed Thursday after the latest US inflation report failed to settle the question of when interest rates could start coming down.