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Oil prices settle lower
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.
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..
Oil prices surge as OPEC supply drops, US crude stocks decline
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while U.S. crude oil stocks fell last week, market sources said, citing American Petroleum Institute figures.Also supporting prices was an unexpected increase in U.
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 prices, reversing earlier gains driven by tightening supplies from Russia and other OPEC members.
Oil prices tick up after industry data shows fall in U.S. crude inventories
Oil futures were flat to slightly higher Wednesday, with investors awaiting official data on U.S. inventories after an industry report was said to show a large drop in crude stocks but significant increases in gasoline and distillates.
4h
on MSN
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 ...
6h
on MSN
ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
KEY TAKEAWAYS ExxonMobil said it expects to take an up to a $900 million hit to its upstream earnings in the fourth quarter ...
1d
Oil prices settle up on possible supply disruption, hopes for China demand
Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western ...
1d
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 ...
4h
on MSN
Exxon expects reduced Q4 earnings from lower oil prices, refining squeeze
Exxon Mobil (NYSE:XOM) -1.4% in Wednesday's trading after saying its Q4 earnings were hurt by lower crude prices and narrower ...
2d
Oil prices ease as weak economic data offsets higher US winter storm heating demand
Oil prices eased in volatile trade on Monday as some bearish economic news from the United States and Germany offset bullish ...
12h
on MSN
Natural gas prices poised to jump in 2025, predicts new report
After another year of slumped natural gas markets across North America, a new report says 2025 could bring a jump in prices.
Investing
7h
Oil prices edge higher; OPEC supply, tighter sanctions talk help
Investing.com--Oil prices edged higher Wednesday, extending a bounce from the prior session as US industry data pointed to a ...
19h
on MSN
Oil Prices up on Tighter OPEC Supply, US Jobs Data
TOKYO (Reuters) - Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an ...
1d
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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