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EIA reports a weekly fall in U.S. crude supplies
US crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.
EIA reports a weekly fall in U.S. crude supplies, but inventory rises
Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in
China response key to crude oil
India is staring at an 'oil shock' as U.S. sanctions on Russian crude loom
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry.
China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia’s energy revenues, including on 183 vessels, largely oil tankers.
1d
Oil rallies, settles at multi-month high on US crude draw, Russia sanctions
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions ...
MarketWatch
14h
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $102.813 0.008 0.01% 5-Year U.S. Treasury Note Continuous Contract $106.258-0.008-0.01% 10-Year U.S. Treasury Note Continuous Contract $108.625 0.016 ...
Crude Oil Prices
5h
The Case for Lower Oil Prices
Crude oil prices rallied sharply following the release of better-than-expected US CPI data, fueled by optimism about ...
Vanguard
1d
Crude oil price will dictate petrol pump price, says FG
Senator Heineken Lokpobiri on Thursday insisted that fluctuations in the pump price of petrol would be determined by the ...
3h
'Brace for a dynamic and potentially tumultuous year' in the oil markets: analyst
Ahead of Donald Trump's presidential inauguration on Monday, Stephen Innes, managing partner at SPI Asset Management, warned traders to “brace for a dynamic and potentially tumultuous year in crude ...
Crude Oil Prices
1d
Can This Huge Oil Discovery Revive The Bakken Oil Boom?
U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...
Odessa American
3h
ELAM: Short term top in oil
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
21h
on MSN
AAA: Rising crude oil could affect pump prices
While the latest Energy Information Administration report shows a downward trend in gasoline demand with increased supplies, ...
Legit on MSN
8h
Dangote Refinery Targets 650,000bpd Output by June, Eyes Crude Imports to Bridge Demand
Dangote refinery is set to start importing crude as it plans to ramp up production. Sources within the company detail when ...
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