Oil producers rush to hedge as US sanctions on Russia send prices higher
Energy producers have rushed to lock in oil prices since the United States announced its harshest sanctions yet on Russian energy trade on Friday, which sent oil prices surging to multi-month highs, market participants said.
Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...
U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions ...
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally ...
Enverus announced that it has released a list of the 50 'most prolific ... public oil and gas operators in the U.S. based on ...
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while product stocks saw further large weekly builds, according to data released by the ...
Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year.
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
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