Oil prices drop after industry data shows big rise in U.S. crude inventories
The American Petroleum Institute, an industry trade group, reported late Tuesday that U.S. crude inventories rose 9.04 million barrels last week, according to a source citing the data, while gasoline ...
OPEC sticks to 2025, 2026 global oil demand growth forecasts
OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...
TASS3h
Russia had 100% performance of OPEC+ deal in January — Novak
MOSCOW, February 12. /TASS/. Russia performed the OPEC+ deal by 100% in January, including the compensation of overproduction, Deputy Prime Minister Alexander Novak told reporters. "The quota ...
WTI falls below $72.50 following a sharp rise in US crude inventories
West Texas Intermediate (WTI) Oil price snaps a three-day winning streak, trading around $72.40 per barrel during European hours on Wednesday. The decline follows the American Petroleum Institute’s ...
Crude oil price today: WTI price bullish, according to FXStreet data
West Texas Intermediate (WTI) Oil price advances on Tuesday, according to FXStreet data. WTI trades at $72.92 per barrel, up ...
energy.economictimes.indiatimes2d
Oil diplomacy in spotlight at India Energy Week amid rising tide of sanctions
The market cannot overlook the increasing sanctions and potential disruptions to Russian and Iranian oil flows, which could ...
Utility Probes Connection Between L.A.'s Deadly Eaton Fire, Inactive Power Line — Commodities Roundup
Utility Probes Connection Between L.A.'s Deadly Eaton Fire, Inactive Power Line Evidence is emerging that an inactive power line owned by Southern California Edison ignited the Eaton fire, which ...
China's retaliatory tariffs on crude likely to push US exports lower in 2025
China's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the ...
Crude oil prices fall to a year-low as US-China trade war intensifies
Crude oil prices slumped to their lowest level this year amid concerns of weakening demands after China announced a retaliatory tariff on US crude oil imports, while the US stockpiles rose for the ...
The Punch on MSN6d
OPEC oil output declined in January – Report
The Organisation of the Petroleum Exporting Countries’ crude production dipped for a second consecutive month in January as a drop in exports from Nigeria and Iran affected crude outputs.According to ...
Cyprus Mail6d
OPEC oil output falls for second month in January
OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed ...
Hosted on MSN7d
OPEC Hails Nigeria, Others Over Commitment To Crude Oil Stability, Cohesion
YENAGOA – The Organisation of Oil Exporting Countries (OPEC) has commended Nigeria and other member-countries over their conformity with the crude oil production quota for November and December 2024.