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Crude oil turns lower
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate stockpiles climbed by more than 6 million barrels each.
Saudi crude oil supply to China set to fall in Feb vs Jan, sources say
Saudi Arabia's crude oil supply to China is set to decline in February from the month before, trade sources said on Thursday, after the kingdom hiked its prices and as OPEC+ extended production cuts in the first quarter.
Crude oil turns lower as U.S. supplies fell but fuel stocks jumped more than expected
Oil futures pulled back Wednesday to their lowest levels in a month, following the release of bearish data from the U.S. government's weekly inventory report showing large increases in domestic gasoline and distillate stocks,
1d
US crude stocks at Cushing fall to decade-low, fuel inventories surge, EIA says
U.S. crude stocks fell last week, driving the Cushing, Oklahoma hub to a 10-year low, while fuel inventories surged, the ...
2d
on MSN
Russia’s Crude Shipments Tumble to the Lowest in 16 Months
Russia’s seaborne crude exports slumped to the lowest level since August 2023, with the latest dip stretching the loss since ...
ig.com
6h
Gold price, WTI crude oil price and natural gas price higher in early trading
Early trading has seen more gains for commodity prices, lifting gold to its highest level since mid-December. ​The spot gold ...
3d
Oil News: Crude Faces Bearish Pressure with 200-Day Average in Sight
Oil futures hover near key support as demand weakens. Traders eye $72.35 for clues on crude’s next move. Can supply tightness ...
MarketWatch
1d
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $102.773 0.043 0.04% 5-Year U.S. Treasury Note Continuous Contract $106.117 0.102 0.10% 10-Year U.S. Treasury Note Continuous Contract $108.297 0.156 ...
3d
Russia Says It Cut Crude Oil Output Below OPEC+ Target in December
Russia’s own data show its crude production in December fell below its OPEC+ target, according to people familiar with ...
2d
on MSN
Crude Oil Prices Surge; Brent Crude Zooms Past $77, Why Is It Happening?
As the news cycle enters the new year of 2025, some old news appears to have found new significance in the new year. Crude ...
7d
Crude Oil Price Forecast – Crude Oil Looking to Break Out
The crude oil market was bullish again on Thursday, as the markets are starting to price in the idea of increasing demand ...
Daily Post Nigeria on MSN
17h
Nigeria Navy intensifies anti-crude oil theft operations in Niger Delta
The Nigerian Navy personnel of Operation Delta Sanity II, on January 6, 2025, discovered an illegal refining site around the ...
The Punch Newspapers
4d
Crude-for-loan: Local crude demand rises as NNPCL battles debt servicing
The Nigerian National Petroleum Company Limited may continue servicing its crude-for-loan obligations till 2029 as the demand ...
1d
on MSN
U.S. Crude Oil Stockpiles Extend Decline to Seven Weeks
U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries ...
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