Page 487 - ஆர்கநைஸேஶந் ஆஃப் தி பெட்ரோலியம் ஏற்றுமதி நாடுகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oil prices slip after surprise hefty build in US gasoline stocks

By Laila Kearney NEW YORK (Reuters) - Oil prices eased on Wednesday after U.S. gasoline inventories unexpectedly swelled, fanning fears that new coronavirus outbreaks will weaken the global recovery in fuel demand. Brent crude futures lost 21 cents, or 0.3%, to $62.53 a barrel by 11:15 a.m. EDT (1515 GMT) while U.S. West Texas Intermediate crude fell 25 cents, or 0.4%, to $59.08. U.S. crude stocks fell 3.5 million barrels last week, but gasoline inventories jumped 4 million barrels, the Energy Information Administration said, compared with expectations in a Reuters poll for a 221,000-barrel gasoline drop. The gasoline rise more than offsets the crude oil draw, said John Kilduff, partner at Again Capital in New York. It shows you the issues remain in terms of demand for the complex.

New yorkUnited statesCity ofUnited kingdomStephen brennockJohn kilduffDavid goodmanJessica jaganathanAhmad ghaddarLaila kearneyEnergy information administrationInternational monetary fund onOrganization of the petroleum exporting countriesTexas intermediateAgain capitalInternational monetary fund

RBI forecast shows that Narendra Modi administration is facing its worst inflation period so far

RBI forecast shows that Narendra Modi administration is facing its worst inflation period so far
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Arindam bagchiNarendra modiTeam modiOrganization of the petroleum exporting countriesBharatiya janata partyMinistry of external affairsReserve bankPrime ministerPrice inflationExternal affairsPetroleum exporting countriesஅரிந்தம் பாகிநரேந்திர மோடிஅணி மோடிஆர்கநைஸேஶந் ஆஃப் தி பெட்ரோலியம் ஏற்றுமதி நாடுகள்பாரதியா ஜனதா கட்சி

Oil up on global economic recovery, but high U S gasoline stocks weigh | Hellenic Shipping News Worldwide

Oil up on global economic recovery, but high U.S. gasoline stocks weigh Global benchmark Brent crude inched higher on Wednesday on improving global economic outlook, but U.S. crude fell on rising gasoline inventories amid fears that new coronavirus outbreaks will weaken a global recovery in fuel demand. Brent crude futures were up 44 cents, or 0.7%, to $63.18 a barrel by 1:42 p.m. EDT (1742 GMT) while U.S. West Texas Intermediate crude fell 40 cents, or 0.7%, to $59.73. U.S. crude stocks fell 3.5 million barrels last week, but gasoline inventories jumped 4 million barrels, the Energy Information Administration said, compared with expectations in a Reuters poll for a 221,000-barrel gasoline drop. [EIA/S]

United statesCity ofUnited kingdomStephen brennockStephanie kellyDavid goodmanJessica jaganathanAhmad ghaddarLaila kearneyBob yawgerEnergy information administrationInternational monetary fund onOrganization of the petroleum exporting countriesTexas intermediateInternational monetary fundPetroleum exporting countries

Oil prices slip despite stronger economic outlook

Oil prices slip despite stronger economic outlook
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United statesCity ofUnited kingdomStephen brennockDavid goodmanBernadette baumJessica jaganathanAhmad ghaddarInternational monetary fund onOrganization of the petroleum exporting countriesAmerican petroleum instituteWall streetTexas intermediateInternational monetary fundPetroleum exporting countriesஒன்றுபட்டது மாநிலங்களில்

Oil up on global economic recovery, but high U S gasoline stocks weigh

Oil up on global economic recovery, but high U S gasoline stocks weigh
metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesCity ofUnited kingdomStephen brennockJohn kilduffDavid goodmanJessica jaganathanAhmad ghaddarLaila kearneyEnergy information administrationInternational monetary fund onOrganization of the petroleum exporting countriesTexas intermediateAgain capitalInternational monetary fund