Crude oil inventories increased last week by 6.4 million, exceeding expectations, as U.S. production hit a record high and ...
About 1 million barrels of crude oil that will go toward replenishing the nation’s Strategic Petroleum Reserve have been ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 1.3 million barrels in the week ending November 7 ...
Petroleum futures did not show dramatic changes immediately following the release of the weekly data by the Energy Information Administration. The latest EIA data showed U.S. commercial crude oil ...
Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global oil supply will match demand ...
US crude oil inventories saw a significant build in the last week of October, while gasoline and distillate inventories ...
The gains come as Reuters reported that U.S. sanctions led Russian oil company Lukoil to declare a force majeure at its oil field in Iraq, which produces about 480,000 b/d. The move shows the impact ...
USO crude oil price hit a one-week low on Wednesday as the US inventory figures amplified oversupply concerns.
Crude oil futures traded lower on Thursday morning after the Monthly Oil Market Report from the OPEC+ (Organization of ...
Chinese refiner Yanchang Petroleum is seeking non-Russian oil in its latest crude tender, trade sources told Reuters on ...
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Oil rises after Russia’s Novorossiysk port hit
Brent crude futures rose $1.24 to $64.25 a barrel, and U.S. West Texas Intermediate crude increased $1.30 to $59.99 a barrel.
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