At 422.8 million bbl, US crude oil inventories are about 4% below the 5-year average for this time of year, the EIA report indicated.
Oil prices rose nearly 5% on Thursday after the U.S. imposed sanctions on major Russian suppliers Rosneft and Lukoil over ...
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Opinion
Zacks Investment Research on MSN3 Integrated Energy Stocks Standing Tall Despite Soft Oil Price
The U.S. Energy Information Administration (“EIA”) expects rising inventories of oil to hurt crude prices. The soft crude ...
Oil prices rose by more than 4% on Thursday, extending gains from the previous session, after the U.S. imposed sanctions on ...
Crude oil prices extended gains post-market Wednesday after the US announced sanctions on Russia's two biggest oil producers, ...
Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow.
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Crude Oil Rallies on Possible US-India Trade Deal and Unexpected Draw in EIA Inventories
December WTI crude oil (CLZ25) today is up +1.17 (+2.04%), and December RBOB gasoline (RBZ25) is up +0.0352 (+1.99%). Crude ...
Crude oil inventories in the United States decreased by 1 million barrels during the week ending October 17, after gaining ...
Libya plans to raise crude oil production to 1.6 million barrels per day (bpd) by the end of 2026, up from 1.38 million bpd today. The state oil company NOC expects $3–4 billion in new investments to ...
Global oil prices are signalling that the market is tipping into a protracted period of oversupply, but the huge disparity in ...
A recent analysis conducted by AAA shows that gas prices could fall under $3 for the first time since May 2021.
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