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Oil Is Down 7% This Year: Is The Recent Slump A Portent Of Things To Come?
Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist regardless of what happens in an oversupplied market.
U.S. Crude Oil Inventories Slump Much More Than Expected
Crude oil inventories in the U.S. tumbled by much more than expected in the week ended September 20th, according to a report released
U.S. Crude Oil Stockpiles Fall More Than Expected -- Update
U.S. crude oil inventories fell more than expected last week along with declines in gasoline and distillate stocks as refineries reduced their capacity use, according to data released Wednesday by the U.
US crude oil stockpiles hit lowest levels since early 2022
Crude oil inventories have hit their lowest levels in 2 1/2 years, new data from the Energy Information Administration show. Last week, stockpiles excluding the Strategic Petroleum Reserve dropped by around 4.
43m
Oil prices set for weekly loss on prospect of increased supply
Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost ...
3h
on MSN
Oil steady but on track for weekly drop on firmer supply outlook
Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased ...
22h
on MSN
Why oil prices have plunged 3% today
The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...
20h
on MSN
Oil ends at 2-week low after report Saudi Arabia to scrap price target, boost output
Oil futures fell on Thursday, pressured after the Financial Times reported that Saudi Arabia was ready to abandon its ...
2d
Crude oil prices today: WTI prices are down 2.39% today
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
14h
Oil Prices Fall as Expectations of Higher Supplies Hammer Market Sentiment
Separately, the Organization of Petroleum Exporting Countries (OPEC), and its allies, a group known as OPEC+, are currently ...
22h
Oil Prices Retreat Toward Three-Year Lows...Again
Oil prices turned sharply lower Thursday, on waning hope that supply cuts from the OPEC+ cartel and Chinese economic stimulus ...
4h
UK Just Stop Oil duo jailed for throwing soup at Van Gogh's 'Sunflowers'
Two climate activists from Just Stop Oil who threw soup at Vincent van Gogh's "Sunflowers" painting in London's National ...
The Texas Tribune
5h
Fourteen years after BP oil spill, Galveston scientists are striving to save the Gulf’s deep-sea coral
The massive 2010 oil spill damaged or killed coral in the Gulf of Mexico. Now some of the $20 billion settlement is helping ...
2d
Wider Middle East war could spike oil prices and rekindle US inflation, experts say
Israel escalated its war against Hezbollah this week with a campaign of deadly airstrikes that stoked concern about the ...
2d
The High-Stakes Spat Over How Much Oil the World Really Needs
OPEC is sticking with its estimate that the world will need an extra two million barrels a day this year, despite signs this ...
1d
on MSN
Gov. Newsom signs bills regulating gas and oil plant locations across California
Gov. Gavin Newsom signed three bills Wednesday that regulate the locations and operations of gas and oil drilling sites ...
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