Category: Production

Oil Prices Decline as Crude Inventories Rise

Doha: Oil prices recorded a slight decline at settlement Thursday. Brent crude futures fell 31 cents, or 0.45 percent, to settle at $68.80 per barrel. US West Texas Intermediate (WTI) crude futures fell 45 cents, or 0.67 percent, to settle

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Oil Falls after Surprise Build in US Inventories

Doha: Oil prices eased on Thursday, reversing gains from the previous session, amid concerns over weak US demand after government data showed a surprise build in inventories in the world’s biggest crude consumer. Brent crude futures fell 24 cents, or

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