Oil futures move higher early Thursday, trimming weekly losses as traders await data expected to show another rise in U.S. crude inventories.
Oil futures rose Thursday, with the U.S. benchmark attempting to snap a six-day losing streak as traders awaited data that’s expected to show a further rise in crude inventories.
Minutes... Oil futures rose Thursday, with the U.S. benchmark attempting to snap a six-day losing streak as traders awaited data that’s expected to show a further rise in crude inventories. Minutes of the Fed’s Jan. 31-Feb. 1 policy meeting released Wednesday afternoon affirmed that policy makers were solidly behind plans to continue raising rates, but offered no major surprises.Crude will continue to struggle because “U.S. inventories remain sky-high, a likely symptom of higher-than-expected U.S.
Supply data The American Petroleum Institute, an industry trade group, late Wednesday said U.S. crude inventories jumped by 9.9 million barrels last week, according to a source citing the data, while inventories of gasoline and distillates also rose.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Pay and Plug: Federal Funds Spur Cleanup of Lost Oil WellsA century after oil barons scoured Texas for prime plots from which to extract black gold, another boom is underway: the plugging of thousands of abandoned oil wells. It’s an oil rush in reverse, spurred by the promise of federal money. In 2021, President Joe Biden signed the Bipartisan Infrastructure Law, which released $4.7 billion to states and federal agencies for plugging fallow oil and gas projects known as “orphan wells” if they lacked an owner. “There has never been federal money made av
Weiterlesen »
Russia to launch replacement Soyuz to space station on Thursday (Feb. 23)Russia previously said the liftoff would happen in March.
Weiterlesen »
Mainly Cloudy, Mainly Dry, Very Warm Through Thursday - Alabama NewsRain coverage remains very low for the rest of the day. Although, the sky likely remains mostly cloudy. Despite that, temperatures warm into the mid and upper 70s.
Weiterlesen »
Pothole patching scheduled Thursday (2/23) on Route 322 in Perry County, PennDOT saysThe Pennsylvania Department of Transportation said the mobile operation will include both directions of Route 322 between Juniata County and Dauphin County.
Weiterlesen »
Various roads will close Thursday morning due to Tucson Rodeo ParadeAll streets are scheduled to reopen around 1 p.m. when the parade ends.
Weiterlesen »