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EIA reports a weekly fall in U.S. crude supplies

US crude oil stocks excluding SPR fall to 2-year low, EIA says

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.

MarketWatch · 17h

EIA reports a weekly fall in U.S. crude supplies, but inventory rises

Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in

Markets Insider on MSN · 17h

Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.

Russia, crude oil

Hosted on MSN · 14h

Oil rises on US crude draw, Russia sanctions; Gaza ceasefire deal caps gains

Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions on Russia, while a Gaza ceasefire deal limited gains.

BT TV on MSN · 22h

Crude Oil Prices Up 6% In A Week, U.S. Maintains Russian Sanctions Won’t Hit Prices

The crude oil market is on the boil again with prices surging 6% in the past one week in anticipation of the U.S. sanctions of Russian oil. However, the outgoing U.S. President Joe Biden still believes that oil prices will stabilize and that consumers will not be burdened.

MarketWatch on MSN · 1d

Oil prices pull back after rising to their highest since August on Russia sanctions

Oil futures pulled back Tuesday, giving back some ground after a three-day rally driven in part by a new round of U.S. sanctions on Russia’s oil industry.

10mon MSN

After US action against Russian oil, spot premiums for West Asian crude fly north

Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...

Crude Oil Prices1d

Crude Inventories Continue to Draw as Product Inventories Soar

The API reported yet another draw in crude oil inventories, but fuel inventories continue to increase at a clip ...

19h

U.S. Crude-Oil Stocks Seen Falling for Eighth Straight Week, Analysts Say

Commercial crude stockpiles are estimated to have fallen by 1.1 million barrels to 413.5 million barrels in the week ended Jan. 10, according to the average forecast of 10 analysts and traders. Seven ...

Rigzone2d

Crude Oil Market Has Come Alive

After such a sleepy period from October to December, the crude market has come alive. That’s what Chris Weston, Head of ...

Crude Oil Price Forecast: Breaks Resistance and Retains Strength

Crude oil surged to 79.38, breaking resistance and confirming strength, but overbought signals suggest a possible pullback or consolidation before further gains.

Brent Crude Oil Hits $80 a Barrel for First Time Since October

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...

14h

Global Monthly Crude Oil Production Peaked In 2018, Yet Institutions Are Forecasting A Glut

A warning of potential supply constraints in oil production, impacting prices and investments despite institutional forecasts ...

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EIA reports a weekly fall in U.S. crude supplies

Russia, crude oil

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