Wednesday closed down -0.93 (-1.25%), and February RBOB gasoline (RBG25) closed down -0.0164 (-0.81%). Crude prices Wednesday ...
One of the biggest misconceptions in the oil market is the perceived growth in non-OPEC+ oil supplies moving forward, ...
US crude oil inventories for the week ended Jan. 3 decreased by 1.0 million bbl from the previous week, according to US EIA data.
U.S. crude stocks fell last week, driving the Cushing, Oklahoma hub to a 10-year low, while fuel inventories surged, the ...
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude ...
U.S. oil production rose 260,000 barrels per day (bpd) month-over-month to a record 13.46 million bpd in October as demand ...
A week ago, the EIA estimated a crude oil inventory draw ... barrels for the previous week, when production averaged 5.2 million barrels daily. Oil prices meanwhile were largely unchanged from ...
According to those projections, the NSTA expects UK oil production to come in at 0.63 million barrels per day in 2024, 0.58 ...
Crude inventories at the Cushing Oklahoma hub continue to draw, but a large increase in gasoline and distillate stockpiles resulted in an increase in commercial petroleum inventories ...
Last Wednesday's EIA report showed that (1 ... distillate inventories were -7.0% below the 5-year seasonal average. US crude oil production in the week ending December 13 fell -0.2% w/w to ...
U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries ...
Gas prices are ticking up on the High Desert and elsewhere in the first days of 2025. The major driver is a rally in crude ...