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oil, Russia
China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.
U.S. oil reserves dwindle amid sanctions on Russian exports
Oil prices on the New York fuel exchange remain high due to concerns about threats to the global supply of this resource. Brokers report that U.S. oil reserves have experienced the longest series of declines since 2021.
US Sanctions to Have 'Significant' Impact on Russian Oil
The latest US sanctions have the potential to significantly disrupt Russia's energy exports, the International Energy Agency said. "We're waiting to see how things will unfold before putting a number on it,
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
2h
on MSN
AAA: Rising crude oil could affect pump prices
While the latest Energy Information Administration report shows a downward trend in gasoline demand with increased supplies, ...
2h
on MSN
Oil ends lower, with U.S. prices failing to hold above $80 a barrel
Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...
Vanguard
7h
Crude oil price will dictate petrol pump price, says FG
Senator Heineken Lokpobiri on Thursday insisted that fluctuations in the pump price of petrol would be determined by the ...
The Punch Newspapers on MSN
1h
Dangote refinery projects 650,000bpd June, plans crude import
The Dangote Petroleum Refinery is planning to import more crude oil as supply from the Nigerian National Petroleum Company ...
MarketWatch
18h
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $102.699-0.055-0.05% 5-Year U.S. Treasury Note Continuous Contract $105.977-0.102-0.10% 10-Year U.S. Treasury Note Continuous Contract $108.219-0.109 ...
2d
on MSN
Low Oil Stocks at Cushing, Okla. Have Outsized Influence on Near-Term Crude Prices
Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread — the difference between ...
Crude Oil Prices
23h
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 ...
3h
Oil Futures Beat a Technical Retreat
Oil futures pull back from five-month highs reached on supply concerns around U.S. sanctions and winter heating fuel demand. "Crude oil finally caved under pressure from an overbought RSI," Mizuho's ...
1h
on MSN
Oil settles lower on expected halt to Houthi shipping attacks
OIL prices settled lower on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red Sea, and ...
9h
Tanker Under US Sanctions Discharges Oil at Chinese Port, LSEG Data Shows
SINGAPORE (Reuters) - A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong ...
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