(GUSH)

Oil dips as U.S. crude stockpiles rise by 3.5M barrels, with supply fears and easing geopolitical risk pressuring WTI and Brent in a fragile range.

WTI crude oil consolidates below the 50-day SMA, while natural gas remains in a strong uptrend after finding support at $3.

Oil fell in the early Asian session amid a surprise increase in U.S. crude inventories.

U.S. crude futures declined more than $1 in early trade on Thursday after an unexpected build in U.S. crude oil inventories last week raised investor concerns about oversupply.

Oil traders remain optimistic despite rising crude inventories.

The oil markets continue to see a lot of buyers on dips, but we did slow down a bit in the early hours of Wednesday. That being said, it looks like traders are trying to force the market higher, coinc...

U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to data from the U.S. Energy Information Administration

Oil markets pulled back as traders reacted to the EIA report.

The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast steady as it prepares to accelerate production.