U.S. crude-oil inventories fell last week by 3.6 million barrels, surpassing an expected decline of 1.6 million-barrels.

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 ...

Crude oil stocks, not including the SPR, stood at 436.1 million barrels on May 30, the EIA's latest weekly petroleum status report showed.

Crude oil prices fell from a 2-week high Wednesday and turned lower after weaker-than-expected US economic reports raised concern about energy demand.

Crude oil and gasoline prices today are sharply higher, with crude posting a 1-1/2 week high. Today's fall in the dollar index (DXY00) to a 1-1/4 month low is bullish for energy prices.

U.S. crude oil output rose to a monthly record high in March, while demand for oil products declined to the lowest in a year, the U.S. Energy Information Administration said in its Petroleum ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand.

Separating crude oil into products such as gasoline, diesel, and heating oil is an energy-intensive process that accounts for about 6 percent of the world’s CO2 emissions. Most of that energy go ...

Engineers developed a membrane that filters the components of crude oil by their molecular size, an advance that could dramatically reduce the amount of energy needed for crude oil fractionation.

Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ eases supply controls and as fuel oil has become costly, analysts and ...

The piece noted that the latest update to the S&P Global Commodity Insights Global Crude Oil Markets Short-term Outlook now expects global oil demand growth to average 750,000 barrels per day in 2025.