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Brent crude settled 1 cent, or 0.01 per cent, higher at $84.77 a barrel, while West Texas Intermediate crude futures closed up 3 cents, or 0.04 per cent at $80.86.

Crude oil prices steady as strong China’s economy data offsets US rate worries

Oil dips on higher US fuel stocks, but overall market remains supported

Markets are also tightening globally due to an effort led by the Organization of the Petroleum Exporting Countries (OPEC) and a group of non-OPEC producers, including Russia, to withhold output. 
&nbsp;

Oil prices dip after US crude hits near two-year high on pipeline shutdown

The declines came after the Energy Information Administration (EIA) said late on Wednesday that US crude oil exports jumped to 1.98 million barrels per day (bpd) last week.

Oil prices dips on record US exports, but OPEC-led supply cuts lend support

Indian Oil Corp (IOC) in early July booked the first US cargo, opening floodgates that saw other state-owned refiners&nbsp;

India to receive first ever shipment of US oil tomorrow

Port Arthur is considered the crown jewel of the US refinery system. The Gulf Coast facility can process 600,000 barrels of oil per day, making it the largest refinery in North America, CNNMoney reported.

Saudis take 100% control of America's largest oil refinery

Entire oil futures curve moves above $50 as financial confidence in crude rises

Traders said that the main WTI price driver had been American Petroleum Institute data showing a 7.5-million barrel draw to 507.2 million barrels in U.S. crude inventories, the third weekly stock draw.

Oil prices rise on reported US crude stock draw, firm Japan import data

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Australian shares were 0.1% lower.

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us-crude-oil

Brent crude settled 1 cent, or 0.01 per cent, higher at $84.77 a barrel, while West Texas Intermediate crude futures closed up 3 cents, or 0.04 per cent at $80.86.

Markets are also tightening globally due to an effort led by the Organization of the Petroleum Exporting Countries (OPEC) and a group of non-OPEC producers, including Russia, to withhold output.
 

The declines came after the Energy Information Administration (EIA) said late on Wednesday that US crude oil exports jumped to 1.98 million barrels per day (bpd) last week.

Indian Oil Corp (IOC) in early July booked the first US cargo, opening floodgates that saw other state-owned refiners 

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US Crude Oil

Crude oil prices steady as strong China’s economy data offsets US rate worries

Oil dips on higher US fuel stocks, but overall market remains supported

Oil prices dip after US crude hits near two-year high on pipeline shutdown

Oil prices dips on record US exports, but OPEC-led supply cuts lend support

India to receive first ever shipment of US oil tomorrow

Saudis take 100% control of America's largest oil refinery

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