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Oil rises on US crude draw, Russia sanctions
Oil steadies after boost from US crude draw, Russia sanctions
Oil prices steadied on Thursday a day after settling at multi-month highs on the latest U.S. sanctions on Russia and a larger-than-forecast fall in U.S. crude stocks. Brent crude futures were down 23 cents,
Crude oil spikes most in three months as new Russia oil sanctions 'taken more seriously'
Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating fuels.
New U.S. Sanctions on Russia, Iran Oil Could Support Oil Prices
Oil futures edged higher and Phillip Nova said the potential impact of the new U.S. sanctions on Iranian and Russian crude oil exports could be bullish for prices.
EIA reports a weekly fall in U.S. crude supplies
US crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.
EIA reports a weekly fall in U.S. crude supplies, but inventory rises
Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in
1h
Oil Supported by U.S. Sanctions Concerns, Inventory Decline
Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...
MarketWatch
1d
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $102.570 0.004 0.00% 5-Year U.S. Treasury Note Continuous Contract $105.500 0.031 0.03% 10-Year U.S. Treasury Note Continuous Contract $107.422 0.063 ...
Crude Oil Prices
11h
Can This Huge Oil Discovery Revive The Bakken Oil Boom?
U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...
18h
U.S. Crude Oil Inventories Fall More Than Expected But Gasoline Inventories Surge
The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. fell by more than ...
Rigzone
3d
Crude Oil Market Has Come Alive
After such a sleepy period from October to December, the crude market has come alive. That’s what Chris Weston, Head of ...
2h
on MSN
After US action against Russian oil, spot premiums for West Asian crude fly north
Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...
12h
Canada’s Threat to Cut Oil in Trade War Rankles Alberta Premier
The leader of Canada’s top oil-producing province vowed to fight federal efforts to cut or tax crude exports to the US as a ...
Crude Oil Prices
13h
Early-Year Strength In Oil Markets Likely To Continue
Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...
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