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 Inventories Rise For First Time in 10 Weeks
Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million barrels.
Crude Oil Price Forecast – Crude Oil Waits for Fed and Inventories
The crude oil markets are a little soft in the early hours of Wednesday, as the market is waiting for the crucial Federal Reserve interest rate announcement, and the inventory numbers coming out of the USA.
U.S. crude supplies post first weekly climb in 10 weeks
The U.S. Energy Information Administration reported Wednesday that commercial crude inventories climbed for the first time in 10 weeks. Domestic commercial crude supplies rose 3.5 million barrels for the week that ended Jan.
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 near two-week low amid gloomy outlook
Oil prices ticked up but hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere soured the demand outlook.Brent crude oil futures rose by 60 cents,
Crude Oil Prices1d
Crude, Gasoline Inventories Rise as Distillates See Large Decline
Crude and gasoline inventories saw moderate increases while middle distillate inventories saw a strong draw last week ...
Exclusive-Russian Oil Refining Rises as US Sanctions Target Crude Exports - Sources
Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...
Gunvor's head of crude oil trading Roulon leaves firm, sources say
Commodity trading house Gunvor's global head of crude trading Benoit Roulon has left the company, four sources familiar with ...
Oil Retreats as U.S. Crude Stocks Build
Oil futures lose ground as a two-month long slide in U.S. crude inventories ended and the Fed paused in its monetary easing cycle, with chair Jerome Powell saying the U.S. central bank doesn't need to ...
U.S. Crude Oil Inventories Jump Slightly Less Than Expected
A report released by the Energy Information Administration on Wednesday showed a notable rebound by U.S. crude oil inventories in the ...
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Institute for Energy Research1d
U.S. Refineries and Canadian Crude Oil
U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...
Crude Oil Prices2d
Russia’s Total Crude Oil Exports Dipped by 2.2% in 2024
Russia's overall crude oil exports fell in 2024 despite increased shipments to China as Western sanctions forced a shift in export routes.