Tag Archives: crude

Oil Prices Stay High as Russian Crude Shortage Hits Market

The de facto buyers’ strike on Russian crude that began a month ago propelled oil prices to their highest levels in years. Now the real effects are starting to create a second wave of impact. The post Oil Prices Stay High as Russian Crude Shortage Hits Market first appeared on Online Web Store Site. The … Continue reading Oil Prices Stay High as Russian Crude Shortage Hits Market

Oil prices end lower as U.S. crude supplies fall less than expected and product stocks climb

Oil futures ended with a loss on Wednesday, with U.S. prices at their lowest in about two weeks, as U.S. crude supplies posted a smaller-than-expected weekly decline and stockpiles of gasoline and distillates saw sizable gains. August West Texas Intermediate oil lost 84 cents, or 1.5%, to settle at $56.78 a barrel on the New … Continue reading Oil prices end lower as U.S. crude supplies fall less than expected and product stocks climb