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.
Rising demand for renewable energy is adding uncertainty to the Zacks Oil and Gas Integrated International industry's outlook. XOM, CVX and BP will probably overcome market challenges.
Oil prices rose nearly 5% on Thursday after the US imposed sanctions on major Russian suppliers Rosneft and Lukoil over the ...
Natural gas futures steady today as traders await the EIA report; warm weather and high output cloud short-term market ...
December WTI crude oil (CLZ25) on Thursday closed up +3.29 (+5.62%), and December RBOB gasoline (RBZ25) closed up +0.0636 (+3 ...
LONDON - Global oil prices are signalling that the market is tipping into a protracted period of oversupply, but the huge disparity in forecasts for OPEC’s production will likely limit the selloff.
Energy Transfer offers a strong ~8% yield, solid fundamentals, record volumes, and attractive valuation with stable cash ...
Oil prices rose nearly 5% on Thursday after the U. imposed sanctions on major Russian suppliers Rosneft and Lukoil over the ...
Crude oil prices rose sharply on Thursday after the United States imposed sanctions on Russia’s two largest oil producers — Rosneft and Lukoil, a move aimed at further tightening pressure on Moscow ...