Oil and Commodities

10:22 AM Oil falls on building US crude inventories amid economic fears
US crude inventories climbed by 4.7 million barrels in the week ended 17 May to 476.8 million barrels, hitting their highest level since July 2017.
12:12 AM Oil ends lower on Wednesday  
Mubasher: Oil futures fell at Wednesday’s settlement, as US inventories rose.  
22 May 10:47 AM Oil drops on US stockpile increase despite tight market
US oil inventories climbed by 2.4 million barrels last week to 480.2 million barrels.
22 May 12:37 AM Oil levels down at Tuesday’s settlement
​​​​​​​Mubasher: Oil futures settled lower on Tuesday on worries over the impact of Sino-American spat and the tensions in the Middle East on demand.
21 May 11:19 AM Oil rises on US-Iran tensions; trade conflict fears cap gains
Gains were capped by worries that a protracted trade conflict between the US and China will curtail global economic growth.
20 May 03:56 PM Russia sees various options to OPEC deal in H2-19
The Organization of the Petroleum Exporting Countries and its allies have different options over the output policy in the second half of 2019.
20 May 11:02 AM Oil gains on prospects of retaining OPEC supply cuts
Oil gained on the possibiliy of keeping OPEC+ supply cuts in place, and escalating tensions in the Middle East.
18 May 12:55 AM Oil settles lower on Friday, levels up in week
Mubasher: Oil futures fell on Friday’s settlement, rising 1.8% for the week.
17 May 11:09 AM Oil prices rally as tensions mount in Middle East
Oil futures traded higher on Friday, as mounting tensions in the Middle East fanned worries about supply shortages, according to Reuters.
17 May 12:34 AM Oil rises at Thursday’s settlement  
Mubasher: Oil futures ended higher on Thursday, as tensions continue in the Middle East.
16 May 12:54 PM Oil rises on Middle East tensions despite US stockpile build
Oil on Thursday traded higher, as the impact of a surprise build in the US crude inventories was eclipsed by worries over supply shortages.
16 May 12:41 AM Oil goes up at Wednesday’s settlement
Mubasher: Oil futures settled higher on Wednesday, as US inventories rose.
15 May 05:35 PM US crude stockpiles climbed 5.4m barrels as oil prices fall
US crude oil inventories climbed by 5.4 million barrels to 470 million barrels in the week ended 10 May.
15 May 04:43 PM IEA slashes oil demand outlook  
Last year’s oil demand growth estimate has been downwardly to 1.2 million bpd, while the forecast for this year was slashed to 1.3 million bpd.
15 May 10:59 AM Oil falls as US inventories climb amid Mideast tensions
Oil markets gained support after Saudi Arabia on Tuesday announced that armed drones attacked two of its pumping oil stations.
15 May 12:52 AM Oil ends higher on Tuesday
Mubasher: Oil futures grew at Tuesday’s settlement, as the attacks on two Saudi oil facilities raised supply concerns.  
14 May 12:02 PM Oil advances, but gains capped by US-Sino trade tensions
News from the Middle East stoked worries over output earlier in the session.
13 May 11:12 AM Oil rises despite US-Sino trade deadlock
Oil prices edged up on Monday despite markets against the backdrop of a stalemate in the US-China trade negotiations.
11 May 12:44 AM Oil edges down at Friday’s settlement   
Mubasher: Oil futures settled near stability on Friday, losing 0.5% for the week.
10 May 10:16 PM Gold levels up at Friday’s settlement
Mubasher: Gold settled higher on Friday, rising 0.5% for the week.
10 May 11:14 AM Oil erases gains as US hikes China import tariffs  
10 May 12:39 AM Oil ends in red on Thursday  
Mubasher: Oil futures fell at Thursday’s settlement, as US data showed higher natural gas inventories.
9 May 05:36 PM US natural gas storage rises in week as prices decline
The US natural gas inventories rose by 85 billion cubic feet in the week ended 3 May, totalling 1,547 Bcf.
9 May 12:01 PM Oil drops as trade conflict fears, despite falling US stockpiles
Such concerns overshadowed the impact of a surprise drop in US crude inventories.
9 May 12:41 AM Oil settles higher on Wednesday
Mubasher: Oil futures grew at Wednesday’s settlement on the back of a larger-than-expected decline in US crude supplies.