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U.S. Crude Oil Stockpiles Rise More Than Expected
U.S. crude oil inventories rose 2.1 million barrels to 429.7 million barrels, surpassing analyst expectations for an increase of 1.1 million barrels.
Oil Rises On Surprise Crude Draw
On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose by 0.6 million barrels as of November 8. SPR inventories are now at 387.8 million barrels, a figure that is about 41 million above its multi-decade low last summer, yet 247 million down from when President Biden took office.
U.S. Crude Oil Inventories Climb More Than Expected
A report released by the Energy Information Administration on Thursday showed crude oil inventories in the U.S. rose by more than
U.S. Natural Gas Inventories Rise As Expected
U.S. natural gas futures dropped after U.S. inventories increased in line with expectations.
3h
on MSN
Oil prices consolidate after sinking on surging dollar; IEA sees 2025 crude glut
Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...
2m
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
Kyiv Independent on MSN
31m
Chinese oil refinery buys West African crude instead of Russian, Iranian, Bloomberg reports
Private Chinese oil refinery Landbridge Petrochemical Co. has made a rare purchase of a shipment of West African oil instead ...
3d
on MSN
US crude exports to China rebound from four-year low but outlook glum, Kpler says
U.S. exports of crude oil to China, the world's top oil importer, have rebounded in October from their lowest levels since ...
3d
Crude oil prices today: WTI is trading at $68.42
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
6m
State puts hold on Zenith Energy’s controversial air permit process in surprise move
The Department of Environmental Quality said it’s putting the air quality permitting process on hold for Zenith Energy, a ...
Nairametrics
6h
We hit 1.8 million bpd crude oil production in November, says NNPC
While the November data from OPEC and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is yet to be released, ...
Legit on MSN
3h
OPEC Disagrees With NNPC Over Nigeria’s Crude Oil Production Figure
The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...
1d
India's Apr-Oct finished steel imports at seven-year high
India's finished steel imports during April-October surged to a seven-year high at 5.7 million metric tons, according to ...
Nairametrics
2d
Nigeria’s crude oil production rises to 1.43 million bpd in October 2024 — OPEC
Nigeria’s daily crude oil production increased from 1.39 million barrels per day (bpd) to 1.43 million bpd in October 2024.
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