Business, Logistics

Oil Declines After Unexpected Increase in US Crude, Gasoline Stockpiles

Oil retreated from the highest price in more than three years after surprise increases in U.S. crude and gasoline stockpiles.

Catherine Ngai | Reuters
May 23, 2018
Business, Fuel

Oil Dips After Unexpected US Crude Inventory Build

Oil futures dipped on Dec. 29 after a surprise build in U.S. crude inventories reversed an advance in prices that had boosted the benchmarks to their highest levels since July 2015.

Catherine Ngai | Reuters
December 29, 2016
Business, Fuel

Oil Drops to 11-Year Low Despite Tension Between Saudi Arabia, Iran

Oil prices dropped over 2% toward its 11-year low Jan. 5 as traders shrugged off growing tension between two of the world's biggest oil producers and focused on a stronger U.S. dollar and swelling U.S. crude inventories.

Catherine Ngai | Reuters
January 6, 2016