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Oil prices fell by about 1% on Wednesday as signs of stronger Chinese crude consumption were outweighed by investor caution ...
In September 2008, after hurricanes Gustav and Ike decimated Gulf communities, the DOE authorized an SPR exchange of nearly 5 ...
Oil prices rose despite OPEC+ increasing output, exposing tighter-than-expected global crude and diesel markets.
OPEC is holding its global oil-demand forecast steady despite rising trade tensions, expecting demand to grow by 1.29 million barrels per day this year, The Wall Street Journal writes. In its latest ...
A refinery in Louisiana will receive crude from the nation’s stockpile to help address offshore oil supply issues.
Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...
The International Energy Agency has hiked its forecasts for global oil supply this year and next, while noting that 2025 ...
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