1. China Taps Into Crude Reserves To Curb Oil Price Rally  OilPrice.com
  2. Oil holds biggest gain in three months on demand recovery  BNN
  3. Oil prices rise on signs of tightening supplies  The Globe and Mail
  4. Comment A compromise amid uncertainty  The Hindu
  5. The Real Reason Oil Prices Aren't At $80  OilPrice.com
  6. View Full coverage on Google News
The world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to curb the recent oil price rallyThe world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to curb the recent oil price rally

China Taps Into Crude Reserves To Curb Oil Price Rally | OilPrice.com

Oil rose amid expectations that recovering demand from the U.S. to India and Spain will further tighten global crude markets.

Oil edges up with robust global demand tightening crude market - BNN Bloomberg

www.theglobeandmail.com

WTI crude oil retreated slightly after rallying 5.7% a day ago as traders mulled lingering viral concerns and an unexpected rise in US crude inventories. Prices may face some pressure at around $70...WTI crude oil retreated slightly after rallying 5.7% a day ago as traders mulled lingering viral concerns and an unexpected rise in US crude inventories. Prices may face some pressure at around $70...

Crude Oil Rebound May Not Last Amid Viral Concerns and Rising Stockpiles

The OPEC deal to step up crude production will ease rising prices and balance domestic and global prioritiesThe OPEC deal to step up crude production will ease rising prices and balance domestic and global priorities

A compromise amid uncertainty - The Hindu

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There has been plenty of bullishness in oil markets of late but prices have failed to break $80, and there are several very powerful actors ensuring that it never doesThere has been plenty of bullishness in oil markets of late but prices have failed to break $80, and there are several very powerful actors ensuring that it never does

The Real Reason Oil Prices Aren’t At $80 | OilPrice.com

Crude oil prices briefly dipped after the Energy Information Administration reported a crude oil inventory buildCrude oil prices briefly dipped after the Energy Information Administration reported a crude oil inventory build

Oil Dips After EIA Reports Crude Inventory Build | OilPrice.com

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(Bloomberg) -- Oil rose amid expectations that recovering demand from the U.S. to India and Europe will further tighten global crude markets.Futures in New York climbed as much as 1.9% on Thursday after posting the biggest gain in three months on Wednesday. Gasoline demand is essentially back to normal in many of the biggest oil-consuming countries, with road traffic data showing a similar trend. Europe’s air traffic rose over the past two weeks, with close to two-thirds of flights as the same p(Bloomberg) -- Oil rose amid expectations that recovering demand from the U.S. to India and Europe will further tighten global crude markets.Futures in New York climbed as much as 1.9% on Thursday after posting the biggest gain in three months on Wednesday. Gasoline demand is essentially back to normal in many of the biggest oil-consuming countries, with road traffic data showing a similar trend. Europe’s air traffic rose over the past two weeks, with close to two-thirds of flights as the same p

Oil Gains With Robust Global Demand Tightening Crude Market

Oil prices as measured by West Texas Intermediate (WTI) crude are higher by more than 5.6% at the time of writing as the Wall Street session move intoOil prices as measured by West Texas Intermediate (WTI) crude are higher by more than 5.6% at the time of writing as the Wall Street session move into

WTI meets a critical weekly resistance area

The oil market's supply and demand dynamics point to a slow grind higher in prices over the next few months, Barclays said on Thursday, as it raised its 2021 oil price forecasts by $3-5 per barrel.The oil market's supply and demand dynamics point to a slow grind higher in prices over the next few months, Barclays said on Thursday, as it raised its 2021 oil price forecasts by $3-5 per barrel.

Barclays raises oil price view, sees slow grind higher in coming months | Reuters

Bloomberg - Are you a robot?

Major oil producers are betting that the world will need more crude supplies through next year, even as the spread of the coronavirus delta variant clouds...Major oil producers are betting that the world will need more crude supplies through next year, even as the spread of the coronavirus delta variant clouds...

OPEC+ provides an oil ‘supply cushion’ as coronavirus delta variant threatens demand - MarketWatch

The price of a barrel of Brent crude oil won’t fall below $60, according to analysts interviewed by Tass on WednesdayThe price of a barrel of Brent crude oil won’t fall below $60, according to analysts interviewed by Tass on Wednesday

Analysts: Oil Prices Won’t Fall Below $60 | OilPrice.com

Oil stages a surprise rally Official US crude inventories followed the API data from the day before and posted a surprise increase in stocks. However, instead of prices falling, oil rallied aggressively. Brent crude leapt 5.25% to USD 72.225 a barrel, and WTI rocketed 5.80% higher to USD 70.25 a barrel. Some long covering sees …

Oil surprises with rally, gold dips - MarketPulseMarketPulse

Brent crude slipped 21 cents, or 0.3%, to $72.02 a barrel at 0133 GMT, after rising 4.2% in the previous session. U.S. West Texas Intermediate (WTI) crude fell 18 cents, or 0.3%, to $70.12 a barrel, after rising 4.6% on Wednesday. "The market shrugged off a rise in (U.S.) commercial inventories ... with most of the gains occurring on the West Coast, a distribution system that is separate from the rest of the country," analysts from ANZ Bank said in a note.Brent crude slipped 21 cents, or 0.3%, to $72.02 a barrel at 0133 GMT, after rising 4.2% in the previous session. U.S. West Texas Intermediate (WTI) crude fell 18 cents, or 0.3%, to $70.12 a barrel, after rising 4.6% on Wednesday. "The market shrugged off a rise in (U.S.) commercial inventories ... with most of the gains occurring on the West Coast, a distribution system that is separate from the rest of the country," analysts from ANZ Bank said in a note.

Oil price: Oil prices keep overnight gains as demand hopes offset U.S. stock build - The Economic Times

The combination of increased supply and a possible slowdown in demand may be enough to prevent the market from taking out the July top.The combination of increased supply and a possible slowdown in demand may be enough to prevent the market from taking out the July top.

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Crude prices rallied on Wednesday morning ahead of the EIA inventory data recovering from a poor start of the dayCrude prices rallied on Wednesday morning ahead of the EIA inventory data recovering from a poor start of the day

Oil Rallies After Poor Open | OilPrice.com

China buys less Saudi crude as it slams the brakes on oil importsChina buys less Saudi crude as it slams the brakes on oil imports

China buys less Saudi crude as it slams the brakes on oil imports — RT Business News

Oil prices fell on Thursday after an unexpected rise in U.S. crude oil inventories and as rising COVID-19 infections threaten demand.Oil prices fell on Thursday after an unexpected rise in U.S. crude oil inventories and as rising COVID-19 infections threaten demand.

www.cnbc.com

Oil price rises to $72 after hitting record low - Punch Newspapers

Just a moment...

Increasing Covid-19 infections are threatening demandIncreasing Covid-19 infections are threatening demand

Rising crude stocks subdue oil prices

U.S. crude stockpiles ended a summer-long streak of descensions even as domestic demand increased and production was flat, the U.S. Energy InformationU.S. crude stockpiles ended a summer-long streak of descensions even as domestic demand increased and production was flat, the U.S. Energy Information

Inventories of U.S. Oil Climb as Exports Taper, Imports Rise; Demand Holds Strong - Natural Gas Intelligence

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www.thestar.com.my

The black gold has been trading higher than 5, 50, 100 and 200 days' moving averages but lower than the 20-day moving averages on the daily chart. The black gold has been trading higher than 5, 50, 100 and 200 days' moving averages but lower than the 20-day moving averages on the daily chart.

Crude Oil Price Rises For Third Successive Day On Improved Risk Sentiment

Petrol and diesel price hike took the longest pause for four consecutive days since May 3..Petrol and diesel prices might come down as OPEC has decided to increase crude production globally.Petrol and diesel price hike took the longest pause for four consecutive days since May 3..Petrol and diesel prices might come down as OPEC has decided to increase crude production globally.

Will OPEC deal halt petrol, diesel price rallies?

Higher production to weigh on oil prices, say analysts - Punch Newspapers

Crude oil price: OPEC+ has agreed to raise supply by 20 lakh barrels per day by end-CY21 and extend their overall agreement until end-CY22Crude oil price: OPEC+ has agreed to raise supply by 20 lakh barrels per day by end-CY21 and extend their overall agreement until end-CY22

Crude oil price: 'Sell on rise,' say experts as OPEC+ agrees to raise supply

Oil prices rose more than 4 per cent yesterday as improved risk appetite provided support despite data showing an unexpected rise in US inventories.Brent crude, the international benchmark, was 4.2Oil prices rose more than 4 per cent yesterday as improved risk appetite provided support despite data showing an unexpected rise in US inventories.Brent crude, the international benchmark, was 4.2

www.thetimes.co.uk

Oil prices rose more than 4 percent Wednesday, extending gains from the previous session as improved risk appetite provided support despite data showing an unexpected rise in US oil inventories. Oil prices rose more than 4 percent Wednesday, extending gains from the previous session as improved risk appetite provided support despite data showing an unexpected rise in US oil inventories.

Oil climbs over 4 percent despite rise in US inventories | ABS-CBN News

Oil edged higher, holding the biggest gain in three months, amid expectations that recovering demand will soon tighten global markets.West Texas Intermediate futures pushed further above $70 a barrel, and have now recouped much of Monday’s 7.5% collapse. Gasoline use is essentially back to normal in many of the biggest oil-consuming countries, with road traffic data showing a similar trend. The market recovery has spurred China to supply crude from its strategic reserves to local refiners in a bid to cool prices.Oil edged higher, holding the biggest gain in three months, amid expectations that recovering demand will soon tighten global markets.West Texas Intermediate futures pushed further above $70 a barrel, and have now recouped much of Monday’s 7.5% collapse. Gasoline use is essentially back to normal in many of the biggest oil-consuming countries, with road traffic data showing a similar trend. The market recovery has spurred China to supply crude from its strategic reserves to local refiners in a bid to cool prices.

Oil Rises After Biggest Gain in Three Months on Demand Recovery

Oil edged higher, holding the biggest gain in three months, amid expectations that recovering demand will soon tighten global markets.West Texas Intermediate futures pushed further above $70 a barrel, and have now recouped much of Monday’s 7.5% collapse. Gasoline use is essentially back to normal in many of the biggest oil-consuming countries, with road traffic data showing a similar trend. The market recovery has spurred China to supply crude from its strategic reserves to local refiners in a bid to cool prices.Oil edged higher, holding the biggest gain in three months, amid expectations that recovering demand will soon tighten global markets.West Texas Intermediate futures pushed further above $70 a barrel, and have now recouped much of Monday’s 7.5% collapse. Gasoline use is essentially back to normal in many of the biggest oil-consuming countries, with road traffic data showing a similar trend. The market recovery has spurred China to supply crude from its strategic reserves to local refiners in a bid to cool prices.

Oil Rises After Biggest Gain in Three Months on Demand Recovery

Oil prices held on to most of their gains from the previous session on Thursday, as signs of stronger demand helped offset an unexpected rise in US inventories. Brent crude slipped 21 cents, or 0.3 percent, to USD 72.02 a barrel at 0133 GMT, after rising 4.2 percent in the previous session. US West Texas Intermediate (WTI) crude fell 18 cents, or 0.3 percent, to USD 70.12 a barrel, after rising 4.6 percent on Wednesday.Oil prices held on to most of their gains from the previous session on Thursday, as signs of stronger demand helped offset an unexpected rise in US inventories. Brent crude slipped 21 cents, or 0.3 percent, to USD 72.02 a barrel at 0133 GMT, after rising 4.2 percent in the previous session. US West Texas Intermediate (WTI) crude fell 18 cents, or 0.3 percent, to USD 70.12 a barrel, after rising 4.6 percent on Wednesday.

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