US crude oil inventories for the week ended Jan. 24 increased by 3.5 million bbl from the previous week, according US EIA ...
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...
U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...
The EIA confirmed a build in both crude and gasoline stocks for this week, but a large draw in distillate stocks ...
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...
The president wants lower interest rates. He is likely to be disappointed, and an old foe will feel the brunt of his anger.
Chevron expects Kazakhstan's Tengiz oil field, one of the largest of its kind in the world, to produce 1 million barrels of ...
Analysts at Standard Chartered Bank noted that, in their view, 'the most important current feature of the oil market is ...
In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
“We expect that falling global oil inventories will increase crude oil prices $2 per barrel from their December ... Brent speculative (MM + Other) net length grew over the past week”.
US West Texas Intermediate crude futures rose 28 cents, or 0.4 per cent, to $80.32 a barrel, after gaining 3.3 per cent on Wednesday to their highest since July 19. US crude oil stocks fell last ...
Oil inventories in developed nations are at their lowest level since August 2022, it said. The IEA bolstered world consumption estimates for both 2024 and 2025 by 100,000 barrels a day.