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Oil prices tick higher
Oil prices tick higher after sinking on higher product inventories
Oil futures ticked higher early Thursday, steadying after setting back the previous session following data that showed a rise in product inventories that offset a fall in crude supplies.
Oil prices steady as markets weigh demand against US inventories
Oil prices were little changed on Thursday as investors weighed firm winter fuel demand expectations against large U.S. fuel inventories and macroeconomic concerns.
Crude oil turns lower as U.S. supplies fell but fuel stocks jumped more than expected
Oil futures pulled back Wednesday to their lowest levels in a month, following the release of bearish data from the U.S. government's weekly inventory report showing large increases in domestic gasoline and distillate stocks,
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate stockpiles climbed by more than 6 million barrels each.
Oil prices edge down on rising U.S. fuel inventories
Oil prices declined for a second day on Thursday after large builds in fuel inventories in the U.S., the world's biggest oil user, though expectations for increasing winter fuel demand and concerns over tighter supply limited the drop.
ExxonMobil, oil
Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings
Exxon Mobil has warned that lower oil prices and a squeeze on refinery margins will hurt its fourth-quarter earnings. Exxon Mobil Corp.’s stock fell 1.4% Wednesday, after the oil giant said lower oil prices and pressure on refining margins would weigh on fourth-quarter earnings.
ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
ExxonMobil said it expects to take an up to $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices.
ExxonMobil Earnings to Fall on Lower Oil Prices
The change in gas prices, however, may boost earnings by as much as $400 million for the quarter, the company said..
1d
Oil prices down on US fuel stocks build, dollar strength
Oil prices fell more than 1% on Wednesday as a stronger dollar and large builds in U.S. fuel inventories last week pressured ...
14h
Trump will struggle to drive down oil prices
It is now a belief among many in energy markets that president-elect Donald Trump will succeed in driving oil prices down, possibly even further than during Joe Biden’s term.
Crude Oil Prices
1h
Iron Ore Prices Face Downward Pressure in 2025
Iron ore prices are expected to remain low in 2025 due to weak steel demand, ample supply, and China's slowing economy.
2d
on MSN
3 Smart Oil Stocks to Buy in 2025
While oil stocks performed poorly last year, they could bounce back in 2025. Devon Energy ( DVN -0.53%), ConocoPhillips ( COP ...
Investing
9h
Oil prices steady; traders digest mixed US inventories, weak China data
Investing.com-- Oil prices steadied Thursday as traders digested data showing an unexpected increase in US product ...
Crude Oil Prices
6h
LNG Price Rally Could Prompt Gas-to-Oil Switching in Asia
Soaring LNG prices in Asia due to Europe's gas crisis are making oil a more cost-competitive fuel source, potentially leading ...
2d
on MSN
Oil companies pay record $5.6M settlement after FTC alleges illegal coordination
Three oil companies will pay a record penalty to settle allegations that they illegally coordinated before a merger between ...
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