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EIA, Crude Oil
US crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.
U.S. Crude Oil Stockpiles Extend Decline
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.
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.
EIA reports a weekly fall in U.S. crude supplies, but inventory rises
Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in
Column-China response key to crude oil
Column-China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) - "This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.
Crude Oil Prices Up 6% In A Week, U.S. Maintains Russian Sanctions Won’t Hit Prices
The crude oil market is on the boil again with prices surging 6% in the past one week in anticipation of the U.S. sanctions of Russian oil. However, the outgoing U.S. President Joe Biden still believes that oil prices will stabilize and that consumers will not be burdened.
Crude oil spikes most in three months as new Russia oil sanctions 'taken more seriously'
Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating fuels.
Crude Oil Prices
8h
Can This Huge Oil Discovery Revive The Bakken Oil Boom?
U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...
16h
U.S. Crude Oil Inventories Fall More Than Expected But Gasoline Inventories Surge
The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. fell by more than ...
MarketWatch
1d
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $102.570 0.004 0.00% 5-Year U.S. Treasury Note Continuous Contract $105.500 0.031 0.03% 10-Year U.S. Treasury Note Continuous Contract $107.422 0.063 ...
Crude Oil Prices
10h
Early-Year Strength In Oil Markets Likely To Continue
Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...
1d
Crude Oil Price Forecast: Breaks Resistance and Retains Strength
Crude oil surged to 79.38, breaking resistance and confirming strength, but overbought signals suggest a possible pullback or consolidation before further gains.
20h
on MSN
IEA Cuts 2025 Oil Demand Growth Forecast Moderately
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
Crude Oil Prices
2h
Alberta Vows Fight Against Federal Oil Export Curbs
Canada's oil province, Alberta, opposes the federal government's plan to restrict oil exports in response to a potential US ...
14h
Global Monthly Crude Oil Production Peaked In 2018, Yet Institutions Are Forecasting A Glut
A warning of potential supply constraints in oil production, impacting prices and investments despite institutional forecasts ...
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