Browsing: Oil
The U.S. has witnessed a noteworthy addition of 2.9 million bbl of oil to its Strategic Petroleum Reserve in August,…
Oil prices surged after Saudi Arabia retaliated confidence in demand with a bigger-than-projected price increase of its crude oil for…
OPEC+ agrees to increase the size of its oil-supply hikes by almost 50% in a deal that kept Russia…
Both the United Kingdom and the European Union are looking at banning ships ferrying Russian oil from securing insurance following…
Oil prices soared to a two-month high on Monday amid a tight market for refined fuel and issues concerning supplies…
US import prices were unexpectedly the same in April as a fall in the cost of petroleum offset increases in…
Commercial crude oil inventories in the United States climbed in the past week as refinery inputs increased while imports decreased.…
The Organization of the Petroleum Exporting Countries and its allies have pushed for a small production increase, despite the expected…
Norwegian petroleum refining firm Equinor recorded over $1-billion worth of impairments due to its exit from Russia following its invasion…
Commercial crude oil inventories in the United States jumped by 0.7 million barrels to 414.4 million barrels in the week…
Crude oil inventories in the United States declined in the week ending April 15, as imports dropped while refinery…
Trading houses across the globe are set to slash purchases of crude and fuel from Russian companies as soon as…