inventories

Oil prices climb 2% on drop in US crude inventories as investors focus on Ukraine peace push

August 20, 2025

Oil prices climbed about 2 per cent on Wednesday on a bigger-than-expected weekly drop in US crude inventories as investors awaited the next steps in talks to end the Ukraine war, with…

Oil settles down; build in US fuel inventories offsets signs demand growing

July 16, 2025

Oil prices settled marginally lower on Wednesday as US fuel inventory builds and concerns about wider economic impact from US tariffs outweighed some signs of increasing demand. Brent…