Oil prices stabilized in Asian trade on Wednesday, supported by a smaller-than-expected rise in U.S. crude inventories. The ...
Oil prices steadied amid potential U.S. tariffs on Canadian and Mexican imports, despite an increase in U.S. crude stocks.
Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous session's sharp losses that were propelled by the rout in tech shares, which in ...
American Petroleum Institute reportedly shows a build of 2.86M barrels of oil in U.S. commercial stockpiles for the week ending January 24.
In 2024, crude oil inventories dropped by more than 12 million barrels, according to the API’s inventory data, with the downward trend continuing beyond the new year.
Crude and gasoline inventories saw moderate increases while middle distillate inventories saw a strong draw last week ...
As traders approach another pivotal day for financial markets on Wednesday, January 29, 2025, a series of crucial decisions and economic data releases that could sway market dynamics are expected. The ...
U.S. crude oil inventories likely rose last week for the first time in more than two months, while gasoline stocks are seen continuing to build, according to a survey by The Wall Street Journal.
In an oil and gas report sent to Rigzone by the Macquarie team on Friday, Macquarie strategists outlined that they ...
Trump’s push for cheaper oil, rising U.S. inventories, and OPEC’s next move weigh heavily on crude oil markets. Will prices ...
The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 576, extending a recent decline to its lowest level since December 2021, Baker Hughes said.
Oil prices have moved decisively lower since our last report, highlighting the market’s bearish tendencies. Today we are to take a look atthe new US administration’s energy policies in addition to the ...