Crude Oil

Oil Prices Dip Amid Rising U.S. Crude Inventories and Middle East Tensions

Global crude oil prices edged lower on Wednesday following industry data showing that U.S. crude inventories had increased more than anticipated. Meanwhile, geopolitical tensions in the Middle East, particularly Israel’s continued military actions in Gaza and Lebanon, remained a point...
Crude Oil Prices

Oil Prices Rose in Early Asian Trading Amid Surprising U.S. Crude Stockpile Decline

Asian trade on Thursday, oil prices rebounded slightly, reversing some of the sharp losses seen in the previous two sessions. This rally came after surprising industry data revealed an unexpected drop in U.S. crude oil stockpiles, countering broader market trends...