U.S. crude-oil inventories fell more than expected last week in a third consecutive decline as refineries increased their capacity use, according to data released Wednesday by the U.S. Energy ...

The EIA said oil output would decline by 50k b/d YoY in 2026 to 13.37m b/d. Meanwhile, the European Commission is proposing a ban on refined product imports made from Russian crude oil.

WTI Oil 4-Hour Chart – Descending Broadening Wedge The 4-hour chart for WTI crude oil shows that the price is trading within a descending broadening wedge pattern. Bullish formations are ...

Crude oil in the SPR stood at 399.7 million barrels on May 9, 399.1 million barrels on May 2, and 367.8 million barrels on May 10, 2024, the report outlined.

Abstract Attention has been given to reduce the cost of surfactant by using castor oil as an alternative natural source of feedstock. A new surfactant, sodium methyl ester sulfonate (SMES) was ...

With the low oil prices, Kpler has now cut its U.S. crude supply forecast by 120,000 barrels per day (bpd) to 170,000 bpd for the rest of 2025 and into 2026, “as weaker prices threaten to slow ...

So, yay, cheap gas, right? Not so fast. It is possible for a barrel of oil to be too cheap. In an ideal world, oil companies would like a barrel of crude to sell for more than the break-even price.

Crude oil continued to strengthen on Tuesday, reaching a slightly new high for the countertrend rally of $64.81, before backing off. A breakout above Monday’s high of $64.09 triggered during ...

Crude oil in the SPR stood at 397.0 million barrels on April 11, 396.7 million barrels on April 4, and 364.9 million barrels on April 12, 2024, the report revealed.

The microcalorimetry curves provide additional information besides the WAT of the studied oil. The increased flow of latent heat during the crystallization of the waxy crude oil paraffins ...

BISMARCK — A malfunction in the Keystone pipeline system caused an estimated 3,500 barrels, or about 147,000 gallons, of crude oil to spill into a field near Fort Ransom on Tuesday, April 8 ...

Explore crude oil's bearish outlook with ongoing Elliott Wave A-B-C-D-E triangle formation, suggests that energy can break support at $64 this year, and potential impacts from US production and ...