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U.S. Crude Oil Stockpiles Post Surprise Build as Exports Fall
U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.
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Wildfires Cripple Alberta’s Oil Production
Wildfires and maintenance shutdowns slashed Alberta’s oil production to a two-year low in May, tightening heavy crude ...
Can OPEC+ flood the world with crude? It’s harder than oil traders think.
A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude ...
Russia's Crude Oil Shipments Stick Close to a Two-Month Low
(Bloomberg) -- Russia’s crude shipments remained near the lowest in more than two months as declines in flows from smaller ...
Crude oil jumps in light pre-holiday trade despite surprise build in U.S. stockpiles
Crude oil futures jumped after Iran said it is suspending cooperation with the International Atomic Energy Agency, returning ...
Brent crude oil may slip below $60/bbl by December 2025 as supply outstrips demand
Crude oil prices expected to drop below $60 per barrel by December 2025 due to geopolitical tensions and supply dynamics.
ADNOC restores most Murban oil supply to equity holders in July, sources say
Abu Dhabi National Oil Company (ADNOC) has restored most of the Murban crude oil supply going to equity holders in July after ...
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Crude Oil Futures Fall Amid Weak Demand
Crude oil futures declined due to weak spot market demand. Prices fell to Rs 5,704 per barrel on the Multi Commodity Exchange, tracking global trends.
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Surprise Crude Oil Inventory Build Ends 5-Week Draw Streak
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose this week, this time by ...
US crude oil output hit record in April, EIA data shows
U.S. crude oil production hit a record 13.47 million barrels-per-day in April, up from 13.45 million bpd in March, according ...