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Oil rises on smaller-than-expected build in U.S. crude stocks

Oil rises on smaller-than-expected build in U.S. crude stocks

Wed, Sep 14, 2016

Oil prices rebounded in Asian trade on Wednesday after falling by as much as 3 % in the previous session, as data from an industry group showed a smaller-than-expected build in U.S. crude stocks.

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Oil prices little changed as dollar gains, US drawdown seen

Oil prices little changed as dollar gains, US drawdown seen

Tue, May 24, 2016

The US commercial crude oil stocks fell by around 2.5 million barrels to 538.8 million in the week ended May 20, a preliminary Reuters analysts' poll taken ahead of weekly industry and official inventory data showed on Monday.

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Oil rises on outages; API reports big US crude build

Oil rises on outages; API reports big US crude build

Wed, May 11, 2016

The market pared gains briefly in post-settlement trade after the American Petroleum Institute (API), an industry group, said the US crude inventories rose by 3.45 million barrels to record highs of 543.1 million during the week ended May 6.

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