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    Energy Commodities Brent Crude Commodity Market Trades, Charts

    • UPDATE 8-Oil jumps 3 pct as dollar falls, U.S. rig count drops

      NEW YORK, Aug 18- Oil prices rose sharply on Friday, as the dollar fell and U.S. drillers cut rigs, feeding a rally that boosted global benchmark Brent crude to a weekly gain while U.S. crude was virtually flat on the week. Earlier in the week, government data had suggested that crude output in the United States was still rising. WTI crude futures for September delivery...

    • UPDATE 7-Oil jumps more than 2 pct as Wall Street up, dollar down

      NEW YORK, Aug 18- Oil prices rose on Friday as the stock market strengthened and the U.S. dollar weakened, but U.S. crude futures remained on track to close the week down as investors remained worried about the global oil glut. The week's trading was defined by bearish data about Chinese oil demand and rising crude production in the United States.

    • OIL PRICES EXTEND GAINS, BRENT CRUDE FUTURES RISE BY $1 TO SESSION HIGH OF $52.13 A BARREL

      OIL PRICES EXTEND GAINS, BRENT CRUDE FUTURES RISE BY $1 TO SESSION HIGH OF $52.13 A BARREL.

    • UPDATE 6-Oil dips, weekly drop exceeds 2 pct as glut worry lingers

      NEW YORK, Aug 18- Oil prices edged lower on Friday, and were on track to close the week down 2 to 3 percent as investors continued to worry about the global crude glut. The week's trading was defined by bearish data about Chinese oil demand and rising crude production in the United States. Benchmark Brent crude futures were down 5 cents at $50.98 by 11:01 a.m. EDT.

    • UPDATE 5-Oil nudges higher on tightening supplies, weak dollar

      *Deer Park refinery outage supports WTI prices. At 1152 GMT, benchmark Brent crude futures were up 6 cents at $51.09 a barrel on the day but still about 2 percent lower on the week. "Falling U.S. commercial stocks are supportive and I also believe that high U.S. product demand, and gasoline demand in particular, is helping too," Tamas Varga, senior analyst at London...

    • UPDATE 4-Oil nudges higher on tightening supplies, weak dollar

      AMSTERDAM, Aug 18- Oil prices edged higher on Friday, with investors offered some encouragement from data hinting that oversupply was easing steadily and a weaker dollar. At 0935 GMT, benchmark Brent crude futures were up 7 cents at $51.10 a barrel on the day but still about 2 percent lower on the week. "Falling U.S. commercial stocks are supportive and I also believe...

    • UPDATE 3-Oil torn between broader market selloff, signs of tightening supply

      *Asia showing signs of stronger demand in H2 2017. Brent crude futures, the international benchmark for oil prices, were at $51.12 per barrel at 0711 GMT, up 9 cents from their last close but still set for a weekly drop of some 2 percent. The Organization of the Petroleum Exporting Countries, together with non- OPEC producers like Russia, has pledged to restrict output...

    • UPDATE 2-Oil dips amid broader market selloff, despite signs of market tightness

      *Asia is showing signs of stronger demand in H2 2017. SINGAPORE, Aug 18- Oil prices dipped on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening. Brent crude futures, the international benchmark for oil prices, were at $50.99 per barrel at 0520 GMT, down 4 cents from their last close.

    • UPDATE 1-Oil prices dip amid broader market selloff, despite tightening supplies

      *Asia is showing signs of stronger demand in H2 2017. Brent crude futures, the international benchmark for oil prices, were at $51 per barrel at 0414 GMT, down 3 cents from their last close. West Texas Intermediate crude futures were at $47.06 a barrel, also down 3 cents.

    • REFILE-Oil prices fall amid broader market selloff, despite tightening supplies

      SINGAPORE, Aug 18- Oil prices fell early on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening. Brent crude futures, the international benchmark for oil prices, were at $50.93 per barrel at 0031 GMT, down 10 cents, or 0.2 percent, from their last close. Going forward, much will depend on output levels...

    • Oil prices fall amid borader market selloff, despite tightening supplies

      SINGAPORE, Aug 18- Oil prices fell early on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening. Brent crude futures, the international benchmark for oil prices, were at $50.93 per barrel at 0031 GMT, down 10 cents, or 0.2 percent, from their last close. Going forward, much will depend on output levels...

    • UPDATE 8-Oil rises more than 1 pct on bets U.S. inventories falling

      *Genscape reports more than 1 mln bbl draw at Cushing- trade. Inventories at Cushing, the delivery hub for U.S. crude futures, declined more than a million barrels in the week to Aug. 15, traders said citing estimates from energy industry information provider Genscape. In the latest week to Aug. 11 for which government data was available, Cushing inventories...

    • UPDATE 7-Oil rises on hefty drawdown at Cushing crude hub

      *Genscape reports more than 1 mln bbl draw at Cushing- trade. Inventories at Cushing, the delivery hub for U.S. crude futures, declined more than a million barrels in the week to Aug. 15, traders said citing estimates from energy industry information provider Genscape. In the latest week to Aug. 11 for which government data was available, Cushing inventories...

    • UPDATE 6-Oil steady as high U.S. output balances crude stock draw

      *China's gasoline demand to slow sharply- BMI. LONDON, Aug 17- Oil prices steadied on Thursday after U.S. data showed a big fall in crude stockpiles but also an increase in production, taking U.S. crude output to its highest in more than two years. Brent crude was down 15 cents at $50.12 a barrel by 1330 GMT.

    • UPDATE 5-Oil steady as high U.S. output balances crude stock draw

      *China's gasoline demand to slow sharply- BMI. LONDON, Aug 17- Oil prices steadied on Thursday after U.S. data showed a big fall in crude stockpiles but also an increase in production, taking U.S. crude output to its highest in more than two years. Brent crude was down 10 cents at $50.17 a barrel by 1245 GMT.

    • UPDATE 4-Oil steady as high U.S. output balances crude stock draw

      *China's gasoline demand to slow sharply- BMI. LONDON, Aug 17- Oil prices steadied on Thursday after U.S. data showed a big fall in crude stockpiles but also an increase in production, taking U.S. crude output to its highest in more than two years. Brent crude was down 5 cents at $50.22 a barrel by 1055 GMT.

    • GLOBAL MARKETS-European stocks and bond yields fall after Fed flags weak inflation

      *Commodities higher on expectation of China curbing supply. LONDON, Aug 17- European stocks and bond yields fell in early trade on Thursday after the Federal Reserve expressed concern over weak U.S. inflation, a trend which has clouded the outlook for the world's largest economy. Germany's DAX, France's CAC 40 and the UK's FTSE 100 all fell 0.1 percent.

    • UPDATE 1-Oil edges up on decline in US crude stocks, but high output caps gains

      *China's gasoline demand to slow sharply- BMI. SINGAPORE, Aug 17- Oil prices edged up on Thursday, clawing back some ground after losses in the previous session. Brent crude futures were at $50.44 per barrel at 0543 GMT, up 17 cents, or 0.3 percent, from their last close.

    • Record refinery runs 'really the kicker' in US oil inventory data
      Record refinery runs 'really the kicker' in US oil inventory data   

      Record refinery runs in the U.S. are drawing down crude stocks, but gasoline produced is not seeing expected strong demand in the summer driving season, says Matt Smith, director of commodities, Clipper Data.

    • UPDATE 5-Oil edges up on falling U.S. crude stocks

      *China gasoline demand to top out around 2025- CNPC. SINGAPORE/ LONDON, Aug 16- Oil prices edged up on Wednesday, lifted by declining U.S. crude inventories, although markets were still restrained by excess supply. Brent crude futures were at $51.14 per barrel at 1010 GMT, up 34 cents, or 0.66 percent, from their last close.