Topic: Olivier Jakob

Crude oil prices were standing still in early Wednesday trading after the market turned south on signs of easing supply-side strains in the United States.

Crude oil prices moved lower in early Thursday trading, continuing a downturn sparked by demand-driven factors in the U.S. energy market.

A strong U.S. dollar and an even stronger response in the U.S. shale oil sector helped push crude oil prices into negative territory in early Tuesday trading.

Higher oil prices mean more production from the United States, leaving the global market with more oil than last year, the International Energy Agency said.

Crude oil prices posted steady gains once again as traders moved past data on steady oil storage levels in the United States, but the rally might not last.

Crude oil prices drifted lower in early Thursday trading as investors remained cautious about U.S. economic trajectory ahead of a pivotal health insurance vote.

Saudi Arabia's oil minister told Bloomberg News that, as the de facto head of OPEC, a wait-and-see approach was good policy on recovering U.S. oil.

Parties to an OPEC-led effort to bring the oil market back to a healthy balance between supply and demand have more work to do, an industry analyst said.

Steady gains in U.S. crude oil inventories, coupled with an increase in exports from a key OPEC member, sent oil prices into deep red territory early Thursday.

Crude oil prices moved lower early Wednesday after running into a wall in the midst of the euphoria surrounding OPEC's latest rhetoric.