Oil inches up on Kazakhstan supply disruption
Brent crude oil prices advanced on Tuesday adding to gains in the previous session after a drone attack on an oil pipeline pumping station in Russia reduced flows from Kazakhstan, but gains were capped on the prospects of supply rising soon.
Crude Oil Posts a 1-Week High on Supply Uncertainty
WTI crude oil Thursday closed up +0.32 (+0.44%), and March RBOB gasoline closed unchanged. Crude oil prices Thursday climbed to a 1-week high and settled moderately higher.
Oil Futures Gain on Supply Curtailments
Oil futures posted moderate gains on supply concerns including this week’s drone strike on a pumping station for a pipeline carrying crude from Kazakhstan to the Black Sea, and some North Dakota production being shut in by the freezing weather hitting much of the U.
Oil prices rise on Kazakhstan supply disruptions: is downside momentum fading for now?
Oil prices rose on Tuesday, following a drone attack on a Russian oil pipeline pumping station, which disrupted flows from Kazakhstan and added to gains from the prior session. “The recent attack on the Caspian Pipeline pumping station has disrupted oil flows from Kazakhstan,
Oil prices extend gains after Ukraine drone strike hits Kazakh supply
Oil extended gains on Tuesday after a drone attack on an oil pipeline pumping station in Russia reduced flows from Kazakhstan, though prices were kept in check by the prospect of rising supply. Brent crude futures gained 44 cents,
Oil Rises on Supply Fears
Oil rose in early trading, with gains largely driven by fears over Kazakhstan’s oil flows following a drone attack against a major pumping station in southern Russia.
Oil settles down $2, posting weekly loss as Mideast risk premium fades
Oil prices settled down more than $2 a barrel on Friday, posting a weekly decline as investors grappled with a fading Middle ...
Oil prices set for biggest weekly gain since January: what’s driving the rally?
Oil is headed for its biggest weekly gains since the middle of January as supply disruptions and rising demand supported ...
Oil News: Traders Await Catalyst as Crude Tests Critical Pivot Area
Crude oil dips as easing Mideast tensions and rising U.S. inventories counter supply disruptions. Market awaits fresh ...
Crude Oil Prices4d
Oil Price Rise After Attack on Kazakhstan’s Key Oil Export Route
Oil prices rose on Tuesday following a drone attack on a major Russian pipeline that carries a significant portion of Kazakh ...
Russia says drone attack cut oil via Kazakhstan Caspian pipeline by up to 40%
Russia said oil flows through the Caspian Pipeline Consortium (CPC), a major route for supplying Kazakhstan and exporting to the global market, were reduced by 30-40% on Tuesday after a Ukrainian ...
Oil Set for Weekly Gains as Supply Concerns Weigh on Sentiment
Crude futures were edging lower in early trade but are still poised for weekly gains of more than 1.5% on rising supply ...
Crude Oil Prices1d
Oil Prices Slide After Streak of Gains
The Tuesday drone attack on the CPC pipeline, Kazakhstan’s key export conduit, has set a bullish tone for this week with four ...
Nasdaq2d
Crude Oil Prices Rise on Supply Risks
Crude oil prices on Wednesday traded higher, extending Tuesday's gains that were driven by a drone attack on a Russian pumping station that could reduce Kazakhstan crude oil exports by 30%.
Oil Futures Hold Gains as U.S. Crude Inventories Build
Crude futures held onto moderate gains as near-term supply concerns are partly offset by a bigger-than-expected 4.6 million barrel increase in U.S. crude stockpiles despite a drop in net imports.
Brent Oil Price Forecast: Supply Concerns And Technical Analysis
Brent crude prices had a poor finish on Wednesday, but still recorded its third consecutive day of gains as supply fears ...