crude
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SINGAPORE, Nov 2 (Reuters) – Oil prices rose more than 1% on Wednesday after industry data showed a surprise drop in U.S. crude inventories, suggesting demand is holding up despite steep interest rate hikes dampening global growth. Brent crude futures rose $1.13, or 1.2%, to $95.78 a barrel at 0441 GMT, while U.S. West Texas […]
An aerial view of Phillips 66 oil refinery in the United States. Tayfun Coskun | Anadolu Agency | Getty Images Oil prices rose in early trade on Wednesday after industry data showed a surprise drop in U.S. crude stockpiles, suggesting demand is holding up despite steep interest rate hikes dampening global growth. Brent crude futures […]
An aerial view of Phillips 66 oil refinery in the United States. Tayfun Coskun | Anadolu Agency | Getty Images Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans by OPEC+ to slash production. Brent crude futures fell […]
U.S. crude stockpiles surge; distillates draw down – EIA Oct 14 (Reuters) – Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans by OPEC+ to slash production.
Oct 13 (Reuters) – U.S. crude stocks rose by nearly 10 million barrels last week after another big release from government reserves, while distillate inventories fell sharply, the Energy Information Administration said on Thursday. Crude inventories
HOUSTON, Oct 5 (Reuters) – U.S. imports of Kazakhstan crude have dropped two-thirds since February, a Reuters analysis of U.S. Customs data showed, a decline spurred by pipeline and terminal outages and worries about the status of exports from a Russian port. The decline highlights the changing oil flows since Russia’s invasion of Ukraine. U.S […]
View of storage tanks and oil pipelines at the Shell Carson Distribution Complex, which distributes fuel throughout Southern California, in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan Register now for FREE unlimited access to Reuters.com Register July 27 (Reuters) – U.S. crude oil exports surged to an all-time high […]
Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant Register now for FREE unlimited access to Reuters.com Register July 26 (Reuters) – Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown […]
Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant//File Photo Register now for FREE unlimited access to Reuters.com Register July 25 (Reuters) – The gap between the two leading crude oil benchmarks has widened to levels not seen […]
NEW YORK, July 20 (Reuters) – U.S. crude shippers are exporting huge amounts of oil to meet strong demand from Europe following Russia’s invasion of Ukraine and subsequent sanctions against Moscow. In coming years U.S. oil may find even more buyers overseas, but that could test the capabilities of U.S. export infrastructure. HOW MUCH CRUDE […]