Oil futures fell Wednesday after official U.S. data revealed a weekly rise in commercial crude inventories, following nine consecutive weekly declines.
Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million barrels.
U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...
The EIA confirmed a build in both crude and gasoline stocks for this week, but a large draw in distillate stocks ...
The EIA’s January STEO forecast that the diesel price will come in at $3.57 per gallon in the first quarter of 2025, $3.60 ...
NEW YORK (Reuters) - Wall Street is bracing for a sharp decline in U.S. oil refiners' fourth-quarter profits as fuel demand ...
Oil prices steadied on Wednesday as investors weighed the impact of potential U.S. tariffs on Canadian and Mexican imports, ...
Oil prices fell on Wednesday, following a rise in U.S. crude stockpiles and easing worries over Libyan supply, while focus ...
Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...
U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...
Oil prices settled up on Tuesday, bouncing back from multi-week lows, after the White House reaffirmed U.S. President Donald ...
The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...