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Oil

Oil rises after US crude inventories fall

Oil prices rose Tuesday, after US crude inventories rose by 1.9 million barrels. US crude rose 1.45 percent, or $ 0.69, to $ 48.42 a barrel in May. Brent crude <LCOc1> rose 1.16%, or $ 0.59, to $ 51.34 a barrel in May. The US…

Oil prices rise in Asia

Oil prices rose today in Asia, taking advantage of the fall in the dollar and optimism about the extension of the cut-off agreement adopted by several producer countries. Light sweet crude for May delivery rose 24 cents to $ 47.97 in Asian…

US stocks rose

US crude oil inventories rose last week as refinery production increased, while gasoline and distillate stocks fell, the Energy Information Administration said. Crude stocks rose 5 million barrels last week, compared with analysts'…