us crude inventories

 
 

Most SE Asia stocks rise; Singapore rallies from 14-month low

SINGAPORE, July 9 — Most Southeast Asian stock markets rose today, with Singapore bouncing back from a 14-month low, as broader Asian shares rallied after a week of losses stemming from worries over a trade war between the United States and China….


Oil near US$74 amid Trump tweets, forecast drop in US stockpile

LONDON, July 5 — Oil held near US$74 (RM299) a barrel amid estimates that US crude inventories declined for a fourth week, compounding concerns that global markets are growing increasingly tight. Futures in New York were 0.3 per cent higher…


Asian stocks wobbly before tariff deadline in Sino-US trade row

TOKYO, July 5 — Asian stocks were shaky while major currencies barely budged in early trade today, as financial markets remained in a state of anxious uncertainty on the eve of a US deadline to slap tariffs on Chinese imports. MSCI’s broadest…


Brent crude firm on drop in US oil inventories, Iran threat

LONDON, July 4 — Brent oil rose today, driven higher by a threat from an Iranian commander and a drop in US crude inventories for the second week in a row caused by an outage at a Canadian facility. The price was near session highs above US$78 a…


Oil falls as market grapples with production increases

NEW YORK, July 2 — Oil prices fell today, reversing course from last week as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with the United States. Global benchmark Brent crude…


Oil rises on supply disruptions and as US tries to cut Iran from markets

SINGAPORE, June 27 — Oil prices rose today, pushed up by supply disruptions in Libya and Canada and after US officials said all countries should stop Iranian crude imports from November. Brent crude futures were at US$76.60 (RM308.54) per barrel…


Oil falls as Opec nears deal to raise production

LONDON, June 21 — Oil prices fell today as crude exporters in OPEC appeared to be nearing a deal to increase production. Benchmark Brent crude fell US$1.10 (RM4.42) a barrel to a low of US$73.64 before recovering slightly to US$73.74, down US$1.00…


US crude jumps on stock draw, Brent slips ahead of Opec meet

NEW YORK, June 21 — US crude futures rose nearly 2 per cent yesterday, supported by a drop in domestic inventories, while Brent edged down ahead of an Opec meeting later this week that may result in increased global production. US crude…


Oil steady ahead of Opec meeting

LONDON, June 20 — Oil prices steadied today, supported by a drop in US commercial crude inventories and the loss of storage capacity in Libya, but under pressure ahead of a meeting of Opec exporters which may increase global production. Benchmark…


Oil prices gain on lower US crude inventories, Libyan disruption

SINGAPORE, June 20 — Oil prices recovered some day-earlier losses in Asia today, supported by a drop in US commercial crude inventories and the loss of storage capacity in oil producer Libya. US crude inventories fell by three million barrels to…