Oil prices end lower as U.S. crude supplies post first weekly rise in 10 weeks
U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly rise in commercial crude inventories following nine consecutive weekly declines.
U.S. Crude Oil Stockpiles Rise for First Time in 10 Weeks
U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and refineries lowered their capacity use.
Oil prices dip as US crude inventories surge, tariff concerns loom
Oil prices fell on Wednesday, following a rise in U.S. crude stockpiles and easing worries over Libyan supply, while focus turned to potential U.S. tariffs on Canadian and Mexican imports. Brent crude futures were down 59 cents,
Oil prices end lower on Trump’s tariff talk, concerns over AI-related power demand
Oil futures settled lower on Monday, as the Trump administration’s ongoing tariff threats and their potential economic impact, along with concerns over the potential for a slowdown in AI-related power demand,
Oil prices steady as investors weigh impact of Trump tariffs
Oil prices steadied on Wednesday as investors weighed the impact of potential U.S. tariffs on Canadian and Mexican imports, while largely shrugging off an increase in U.S. weekly crude inventory. Brent crude futures fell 2 cents to $77.
Oil prices drop as US stockpile grows, tariffs remain in focus
Oil prices fell on Wednesday, with the U.S. benchmark touching a multi-week low after crude stockpiles in the world's top ...
Ukrainian Drones Flew 500 Miles And, In A Single Strike, Damaged 5% Of Russia’s Oil Refining Capacity
Late Tuesday night or early Wednesday morning, Ukrainian drones struck the Nizhny Novgorod oil refinery in Kstovo, in central ...
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EIA Oil Inventory Estimates Suggest Build Season Is Upon Us
The EIA confirmed a build in both crude and gasoline stocks for this week, but a large draw in distillate stocks ...
US upstream oil and gas dealmaking hit $105 billion in 2024, Enverus says
Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but ...
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...
U.S. oil prices mark lowest settlement since late December
U.S. benchmark crude prices settled Wednesday at their lowest level of the year so far, pressured after the Energy Information Administration reported the first wee ...
Russia's Feb oil exports from western ports seen down 8% m/m as sanctions bite
Russia's crude oil exports from its western ports in February are set to fall by 8% versus January's plan as Moscow increases ...
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Suriname’s Economy Forecast To Grow 55% In 2028 With First Oil
Suriname’s GDP will expand at a brisk 55% annual clip in 2028 when offshore block 58 comes online, the IMF has predicted ...
California considers letting victims of natural disasters sue oil companies for damages
California is considering a bill that would allow insurers and victims of climate-driven natural disasters to sue the oil ...
OPEC+ to take joint stance on Trump oil policy, Kazakhstan says
The OPEC+ group of leading oil producers is set to discuss President Donald Trump's efforts to raise U.S. oil production and ...