News

Crude oil stocks, not including the SPR, stood at 422.2 million barrels on July 11, the EIA's latest weekly petroleum status report showed.
U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.
Crude oil prices continued to show weakness on Tuesday after President Trump refrained from imposing new sanctions on Russian oil exports on Monday. Mr. Trump only threatened tariffs ...
Crude oil prices rallied on speculation that President Trump on Monday might announce sanctions on Russian energy exports. Crude oil also had carryover support from Bloomberg's report on ...
Crude oil inventories in the United States increased by 3.8 million barrels during the week ending June 27, according to new data from the U.S. Energy Information Administration (EIA) released on ...
Chinese refiners are ramping up imports of Iranian crude oil via shadow fleets and ship-to-ship transfers, bypassing sanctions and driving Iran’s oil revenues higher.
At 422.2 million bbl, US crude oil inventories are about 8% below the 5-year average for this time of year, the EIA report indicated.
U.S. crude oil inventories fell last week amid a rise in exports, reversing some of the large stock builds seen the previous two weeks, according to data released Wednesday by the U.S. Energy ...
Bearish oil traders foresee a world soon to be awash in crude, but it might be a lot harder to oversupply the market than widely thought, thanks to one overlooked factor — at least according to ...
Troops of Operation Delta Safe (OPDS) have recovered crude oil and petroleum products valued at over N3.5 billion from oil thieves in the Niger Delta region within the last three months, the ...
Top Crude Oil and Condensate Producer The EI’s latest statistical review of world energy showed that the U.S. was also the world’s top producer of crude oil and condensate.