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Crude oil declines amid unexpected US stock builds and looming Middle East uncertainty

Oil prices continued their downward trajectory for a third consecutive session as larger-than-expected builds in US crude and fuel inventories raised fresh doubts about demand strength. At the same time, market participants kept a close watch on the potential impact of renewed nuclear talks between Iran and the United States, which could alter global oil supply dynamics if sanctions are lifted. By Thursday morning, benchmark Brent crude slipped by 16 cents to $64.75 per barrel, wh

Global News

22 May 2025 03:40 AM 786 views

Crude oil declines amid unexpected US stock builds and looming Middle East uncertainty

Oil prices continued their downward trajectory for a third consecutive session as larger-than-expected builds in US crude and fuel inventories raised fresh doubts about demand strength. At the same time, market participants kept a close watch on the potential impact of renewed nuclear talks between Iran and the United States, which could alter global oil supply dynamics if sanctions are lifted. By Thursday morning, benchmark Brent crude slipped by 16 cents to $64.75 per barrel, wh

Global News

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#crudeinventory

Crude oil declines amid unexpected US stock builds and looming Middle East uncertainty

Crude oil declines amid unexpected US stock builds and looming Middle East uncertainty

India and EU Set Year-End Deadline for Free Trade Deal, Address Key Tariff and Visa Challenges

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India and EU Set Year-End Deadline for Free Trade Deal, Address Key Tariff and Visa Challenges

Candida Auris Infection: A Growing Health Crisis in U.S. Hospitals and Healthcare Facilities

You may need to pay more for Medicare prescription drug coverage in 2025

Portland leaders take taxpayer funded trip to learn from Vienna’s social housing system

Effective Exercises to Alleviate Menopause Symptoms

Home-Grown British Players Shine at Wimbledon in Search of New Andy Murray

RCB Sold to Aditya Birla Group-Led Consortium for Record Rs 16,660 Crore

Amazon Feels Confident in AI Bets Despite Laying Off 14,000 Employees

Trump confirms Iran blockade despite Strait of Hormuz reopening

Tom Cruise Set for Comeback in Top Gun 3 as Development Begins

#crudeinventory

Crude oil declines amid unexpected US stock builds and looming Middle East uncertainty

Crude oil declines amid unexpected US stock builds and looming Middle East uncertainty

India and EU Set Year-End Deadline for Free Trade Deal, Address Key Tariff and Visa Challenges

Candida Auris Infection: A Growing Health Crisis in U.S. Hospitals and Healthcare Facilities

You may need to pay more for Medicare prescription drug coverage in 2025

Portland leaders take taxpayer funded trip to learn from Vienna’s social housing system

Effective Exercises to Alleviate Menopause Symptoms

Home-Grown British Players Shine at Wimbledon in Search of New Andy Murray

RCB Sold to Aditya Birla Group-Led Consortium for Record Rs 16,660 Crore

Amazon Feels Confident in AI Bets Despite Laying Off 14,000 Employees

Trump confirms Iran blockade despite Strait of Hormuz reopening

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