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Oil falls on weak economic data, offshore oil restart

FILE PHOTO – A pump jack is seen surrounded by steam during sunset at a PetroChina’s oil field in Karamay, Xinjiang Uigur Autonomous Region January 5, 2011. REUTERS/StringerRegister now for FREE unlimited access to Reuters.comRegisterChina’s July refinery output lowest since March 2020, data showsStronger U.S. dollar and low liquidity pressure pricesComing up: Iran to respond …

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Oil bounces as China, U.S. data ease recession concerns

FILE PHOTO – A oil field worker works at a pump jack in PetroChina’s Daqing oil field in China’s northeastern Heilongjiang province November 5, 2007. REUTERS/Stringer (CHINA) Register now for FREE unlimited access to Reuters.comRegisterSINGAPORE, Aug 8 (Reuters) – Oil prices edged up from multi-month lows on Monday as investors’ appetite improved following data on …

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Brent crude hits pre-Ukraine invasion lows on recession fears

FILE PHOTO – A PetroChina worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uighur Autonomous Region, China June 27, 2018. REUTERS/Stringer ATRegister now for FREE unlimited access to Reuters.comRegisterBoE raises rates, warns of recession risksSaudi, UAE save oil firepower in case of winter supply crisisOPEC+ agrees to raise oil output target …

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Oil falls 2% on U.S. crude, gasoline build, slight OPEC+ hike

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus MordantRegister now for FREE unlimited access to Reuters.comRegisterU.S. crude, gasoline stockpiles rise unexpectedly – EIAOPEC+ decides on small 100,000 bpd increase to output targetU.S. had pushed for more meaningful supply …

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