Saturday, Apr 20, 2024 | Last Update : 03:26 AM IST

global oil storage

Oil prices jump as US stockpiles grow less than expected

The official start of output cuts agreed between Organization of Petroleum Exporting Countries (OPEC) and other major producers like Russia

01 May 2020 8:38 AM

Oil prices rise after US crude storage build slows

U.S. Energy Information Administration data showed U.S. crude oil inventories grew by 9 million barrels last week to 527.6 million barrels

30 Apr 2020 8:42 AM

Oil jumps above $14 a barrel after massive sell-off

The Oil Fund had sold its contracts due to expire in June to move into longer-dated holdings amid fears about storage space

29 Apr 2020 8:40 AM

Oil prices slide as world runs low on storage capacity

The main concern is that there is nowhere to store all the oil that is not being consumed due to the drop in global economic activity

28 Apr 2020 8:40 AM

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