Crude oil inventories in the United States decreased by 2.3 million barrels during the week ending January 24, according to new data from the U.S. Energy Information Administration (EIA) released on W ...

A growing glut of oil and fear of a global economic slowdown have pushed U.S. crude prices to their lowest point since fuel markets were rebounding from the Covid crash. Most actively traded U.S. oil ...

Crude oil stocks, not including the SPR, stood at 420.3 million barrels on January 30, according to the EIA's latest weekly petroleum status report.

1557 ET – Sanctions placed on Iranian oil by the EU were overshadowed by reports of OPEC+ increasing the production coming out of member oil refineries. “It appears that the market wants to believe ...

Tokyo: Oil prices fell by more than 5% on Sunday, pressured by easing geopolitical tensions that dampened market sentiment.

Crude oil stocks, not including the SPR, stood at 416.0 million barrels on October 24, the EIA's latest weekly petroleum status report showed. Image by Vladimir Kazakov via iStock In its latest weekly ...