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World 02 Dec 2020 | 6:16 AM

U.S. crude oil inventories up last week: API

HOUSTON, Dec. 1 (Xinhua) -- The American Petroleum Institute (API) on Tuesday reported an increase of 4.146 million barrels of crude oil in the U.S. crude oil inventories for the week ending Nov. 27.

World 02 Dec 2020 | 5:23 AM

Oil prices drop as traders await OPEC+ decision

NEW YORK, Dec. 1 (Xinhua) -- Oil prices declined on Tuesday as investors awaited a key decision on output policy from the Organization of the Petroleum Exporting Countries (OPEC) and its allies.

World 02 Dec 2020 | 4:02 AM

WTI crude futures settle lower

NEW YORK, Dec. 1 (Xinhua) -- U.S. oil prices dropped on Tuesday.