Oil prices rise amid Chinese economy stabilization efforts
American Petroleum Inst. estimates fall of 3.67 million barrels of US crude oil, exceeding expectation of 2.63 million-barrel drop.
American Petroleum Inst. estimates fall of 3.67 million barrels of US crude oil, exceeding expectation of 2.63 million-barrel drop.
Investors to focus on whether major oil producers will change output policy amid global energy crisis at Thursday’s OPEC+ meeting.
Supply halts in US after Hurricane Ida continues to push prices up although demand woes after Saudi price cut axes further rises
Further price declines are limited by supply disruptions in US after Hurricane Ida