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At 415.1 million bbl, US crude oil inventories are about 11.1% below the 5-year average for this time of year, the EIA report indicated.
Crude oil steadies near key moving averages as traders await EIA data and monitor Iran-Israel ceasefire and Fed rate signals.
Loss will stem from higher fuel expenses, maintenance, and opportunity costs, report says.
Natural gas futures hover near the 200-day moving average as traders brace for today’s EIA inventory report and eye potential weather-driven demand shifts.
Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...
Gold prices traded lower, droped 0.39% to $3288 an ounce, near one-week low, pressured by rising Treasury yields and a ...
Nat-gas prices fell on Thursday's weekly EIA report, which showed a +96 bcf increase in the week ended June 20, which was a larger build than expectations of +88 bcf and the 5-year average ...
Crude oil found support on Wednesday's bullish weekly EIA report, which showed a larger-than-expected draw in crude oil inventories and a surge in US gasoline demand to a 3-1/2 year high.
NEW YORK (Reuters) -U.S. crude oil production hit a record 13.47 million barrels-per-day in April, up from 13.45 million bpd ...
They alleged that the EIA failed to consider the massive environmental damage caused by the uprooting of more than 42 lakh tea bushes and thousands of shade trees.
They urged for an extension of the public comment period for the environmental assessment impact (EIA) report for the proposed Batu Arang waste-to-energy (WTE) incinerator.
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