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Oil rises on US crude draw, Russia sanctions

Oil retreats slightly after boost from US crude draw, Russia sanctions

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on the latest U.S. sanctions on Russia and a larger-than-forecast fall in U.S. crude stocks. Brent crude futures were down 37 cents,

Crude Oil Prices · 21h

Oil Rises as Crude Inventories Continue to Draw

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.

Seeking Alpha on MSN · 5d

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.

EIA reports a weekly fall in U.S. crude supplies

Reuters · 17h

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.

Markets Insider on MSN · 20h

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.

MarketWatch · 1d

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

11h

China response key to crude oil after new sanctions on Russia

"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

Crude Oil Prices12h

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 ...

Oil Supported by U.S. Sanctions Concerns, Inventory Decline

Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...

MarketWatch1d

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 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.