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Crude oil prices rallied Thursday on concerns about tighter global oil supplies after Iraq said it has lost about 200,000 bpd of crude production due to drone attacks on ...
The UK joined the European Union’s efforts to diminish Russia’s revenues further by lowering the price cap on its crude oil, extending a broader push to pressure the Kremlin for continuing the ...
Crude oil market uncertainty continues to reign as the price consolidation period stretches into its fourth week.
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 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 ...
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 ...
U.S. crude oil inventories increased by 7.070 million barrels in the week ended July 4, recording the biggest gain since January, the EIA said. Now Read This: ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, gaining an additional 7.1 million barrels in the week ending July 4 ...
The latest production forecast for this year represents a drop of about 50,000 barrels a day from the Energy Information Administration’s previous projections in June.
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 ...
U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.
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 ...