Sri Taylor

Oil eked out a gain after a muted session with traders on standby amid mixed economic signals.

Oil fell to extend two weeks of losses after data from China reignited concerns about a patchy recovery in the world's biggest crude importer.

Oil extended its rally for a fourth day, reversing course midday to climb after the Biden administration announced plans to replenish strategic reserves after completing maintenance work later this year.

Oil fell for the first time this week after US government data showed a build in crude inventories.

Oil slumped near $70 to mark a fourth-straight week of losses as concerns about demand growth persist.

(Bloomberg) -- Oil fell for the first time this week after US government data showed a build in crude inventories. Most Read from BloombergTucker Carlson’s Twitter Move Wipes $235 Million From RumbleSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTreasuries Advance After CPI; Stocks Edge Higher: Markets WrapWest Texas Intermediate settled under $73 Wedne

Oil edged lower as the potential for additional rate hikes from the Federal Reserve underpinned concerns about a recession that would weaken demand.

(Bloomberg) -- Oil shed most of its gains with sentiment deteriorating fast as the clock ticks on US debt ceiling talks. Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofStocks Slide as Sentiment on Global Outlook Sours: Markets WrapLula Lashes Out and Sends Warning to Central Bankers EverywhereWest Texas Intermediate slipped below

Oil rose for a third day as a bullish US stockpile report propelled a rally led by Saudi Arabia's warning to short sellers.

Improving hopes for a USA debt limit deal bolstered prices on the week.