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The crude market showed little reaction to U.S. weekly data. Crude oil and gasoline stocks rose last week, while distillate inventories fell, market sources said, citing American Petroleum ...
The moves: US crude oil spiked as much as 4% on Monday before paring gains to about 0.6%. Other derivatives of oil also rose, with futures tied to gasoline jumping 5%, heating oil up 4%, and ...
US crude futures have gained 20% this year and pushed energy stocks to outperform the market as rising geopolitical tensions and lower supply buoy prices.
Crude oil prices were relatively quiet last year. Brent oil, the global benchmark price, slipped 3%, closing the year at around $77 a barrel. Meanwhile, WTI, the U.S. oil price benchmark, ended ...
West Texas Intermediate crude oil dropped 3.78% to $71.04 a barrel. Brent crude , the international benchmark, fell 3.52% to $74.73 a barrel. Gold climbed 0.62% to $2,682.1 an ounce.
West Texas Intermediate crude oil rose 0.9% to $74.25 a barrel. Brent crude , the international benchmark, was up 1% to $77.04 a barrel. Gold was up 0.7% to $2,656.60 an ounce.