end-ofTags: oil price, crude oil, oil production, opecLocation: Japan, Tokyo-to, Tokyo.US crude CLc1 was off by 5 cents at $68.8 million barrels in the prior week, against expectations, but rose on Thursday on expectations the stockpile would soon decline again.Russian oil output rose by 150,000 barrels per day in July from a month earlier, surpassing the amount Moscow had said ti would add following a meeting of global oil producers in Vienna in June, energy ministry data showed on Thursday.5 per cent on Thursday.

Saudi Arabia, Russia, Kuwait and the United Arab Emirates have increased production to help to compensate for an anticipated shortfall in Iranian crude supplies once planned US sanctions take effect later this year.20 a barrel to the Oman/Dubai average, it said on Thursday.32 a barrel by 0052.32 a barrel by 0052 GMT, after rising 1.Oil prices tanked earlier this week when the US government reported that US inventories rose 3.8 mn barrels in prior week.2 per cent at $73. Oil prices tanked earlier this week when US govt reported that US inventories rose 3.

Tokyo: Oil prices edged lower on Friday after PVC free foam board screw barrel strong gains the previous day, easing on persistent supply concerns as Russia increased production in July and Saudi Arabia cut the price of crude for its Asian customers.91, after gaining nearly 2 per cent in the previous session.The Organization of the Petroleum Exporting Countries and partners including Russia had earlier cut output to rebalance supply and demand.Saudi Aramco cut its September price for its Arab Light grade for Asian customers by $0.2 per cent at $73.70 a barrel versus August to a premium of $1.Brent crude futures LCOc1 were down 13 cents, or 0.Brent crude futures LCOc1 were down 13 cents, or 0.