GLOBAL petroleum inventories are the tightest for years in a sign the market is overheating, as the

decline in U.S. inventories, boosting demand sentiment. Brent crude rose 26 cents, or 0.3%, at

" However, even according to OPEC+ numbers, it's not enough to stem the overall world oil inventory

expectations of recovering global demand.U.S. crude inventories fell by 6.4 million barrels last week

HOUSTON, April 12( Xinhua)--The American Petroleum Institute( API) on Tuesday reported an increase

month after U.S. fuel stockpiles surged amid declining demand. The global benchmark Brent crude futures

Oil rebounded from a weak start on Tuesday as worries over tight inventories underpinned prices

HOUSTON, April 26( Xinhua)--The American Petroleum Institute( API) on Tuesday reported an increase

SINGAPORE: Oil prices drifted higher on Wednesday, anticipating a report of low U.S. oil stocks, while expectations of solid demand in the upcoming driving season also lent support. Brent crude futures for August were up 40 cents, or 0.3%, at$ 120.97 a barrel at 0649 GMT after closing on Tuesday at the highest since May 31.U.S. West Texas Intermediate crude for July was at$ 120.01 a barrel, up 60 cents, or 0.5%, after reaching its highest settlement since March 8 in the previous session. Analyst

U.S. inventories, boosting demand sentiment. Brent crude rose 26 cents, or 0.3%, at$ 79.20 a barrel