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Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford/File Photo Acquire Licensing Rights TOKYO/SINGAPORE, Sept . . .

NEW YORK, Sept 6 (Reuters) – Oil prices settled higher on Wednesday, reversing early declines as traders anticipated further draws on U.S. crude oil inventory following extended production cuts in Saudi Arabia and Russia. Brent crude futures settled up 56 cents to $90.60 a barrel while U.S. West Texas Intermediate crude (WTI) futures settled up […]

Storage tanks are seen at Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/File photo

A gas station attendant pumps fuel into a customer’s car at a gas station in Shanghai, China November 17, 2017. REUTERS/Aly Song/File Photo Acquire Licensing Rights BEIJING, Sept 4 (Reuters . . .

LONDON, Sept 1 (Reuters) – U.S. crude oil production increased again in June and is nearing the record high set before the pandemic, but the pace of growth is slowing as the industry responds to the fall in prices since the middle of 2022. Total crude and condensates production rose to 12.8 million barrels per […]

A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo Acquire Licensing Rights SINGAPORE, Aug 30 (Reuters) – Oil prices extended gains on Wednesday after industry . . .

“The U.S. consumer blames whoever is in the White House” for high gasoline prices, Quincy Krosby, chief global strategist for financial advisory firm LPL Financial said in an interview. “Biden’s people have to be watching this despite a stronger economy, which is an irony.” It’s not the outcome that some experts had hoped for from […]

An anonymous reader shared this report from the Washington Post: Most research shows that over-the-counter fish oil supplements don’t offer cardiovascular benefits, but that hasn’t stopped marketers from touting them for heart health, a new study shows. The sale of fish oil supplements is a multibillion-dollar industry, and many people take fish oil capsules daily, […]

Unused oil rigs sit in the Gulf of Mexico near Port Fourchon, Louisiana August 11, 2010. REUTERS/Lee Celano/File Photo Acquire Licensing Rights Aug 24 (Reuters) – An oil and gas industry trade . . .

An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022. cnsphoto via REUTERS /file photo Acquire Licensing Rights

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