
Crude oil prices eased back Thursday, sliding back toward $103 per barrel after the government said stockpiles rose sharply in the week ending Saturday. The Energy Information Administration said U.S. crude oil inventories had risen by 5.5 million barrels in the week, defying expectations. Market analysts had anticipated a slight draw on supplies. On the New York Oil Mercantile Exchange, crude oil lost 74 cents to reach $103.36 per barrel. Reformulated blendstock gasoline prices added 1.39 cents to $2.6426 per gallon. Home heating oil gained 0.81 cents to $3.008 per gallon. Natural gas dropped 3 cents to reach $3.51 per million British thermal units. At the pump, the national average price of unleaded gasoline fell to $3.376 per gallon from Wednesday\'s $3.385, AAA\'s Daily Fuel Gauge Report said.
GMT 22:17 2018 Monday ,22 January
Opec output cuts near victoryGMT 22:57 2018 Saturday ,20 January
the literary canary in India's coalmineGMT 07:11 2018 Friday ,19 January
Oil market heads towards 'smooth rebalancing': OPECGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 15:44 2018 Saturday ,13 January
Bahrain to host MERTC 2018GMT 18:24 2018 Friday ,12 January
No need to panic over $70 oil price: UAE Energy MinisterGMT 13:21 2018 Friday ,12 January
Kuwaiti oil price up 93 cents to stand at US$66.09 per barrel

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor