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OPEC+ oil alliance faces stagnant prices for crude while US drivers enjoy cheaper gasoline
The OPEC+ alliance of oil exporting countries is deciding on whether to produce more crude as members face sluggish demand and competing production from non-allied countries, factors that could keep o
Crude oil prices remain steady after OPEC+ delays plans to restore output again
October, with bullishness from geopolitical developments in the Middle East and Ukraine countered by expectations for a glut in 2025 due to higher output from the Americas and lackluster Chinese demand.
Crude oil rises by most in two weeks as OPEC+ expected to extend output cuts
Crude oil futures rose on OPEC+ production cut extension expectations. Geopolitical tensions also supported gains.
Members of OPEC+ oil producers' alliance postpone production increases as crude prices stagnate
Eight members of the OPEC+ alliance of oil exporting countries have decided to put off increasing oil production as they face weaker than expected demand and competing production from non-allied countries — factors that could keep oil prices stagnant into next year.
U.S. Crude Oil Inventories Tumble Much More Than Expected
Crude oil inventories in the U.S. fell by much more than expected in the week ended November 29th, the Energy Information
U.S. Crude Oil Stockpiles Fall More Than Expected
U.S. crude oil inventories fell more than expected last week and product stocks saw a buildup as refineries ramped up their capacity use.
Oil prices pare losses as EIA reports a fall in U.S. crude supplies
U.S. oil futures pared much of their losses Wednesday after the Energy Information Administration reported a bigger-than-expected decline of 5.1 million barrels in U.S. commercial crude inventories for the week ended Nov.
Weekly Crude Inventories Fall More Than Expected; Oil Prices Drop Ahead of OPEC+ Meeting
Commercial crude stockpiles in the US fell more than projected last week, government data showed, while oil prices were trading lower ahead of a policy meeting among key oil-producing nations. Inventories of crude,
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6h
Are Crude Oil Prices Going Lower?
Barchart article on crude oil, I addressed whether crude oil will hold technical support after the 2024 U.S. election. I ...
Crude Oil Prices
1d
Oil Prices Tick Higher on Crude Inventory Draw
Crude oil prices rose following a surprise inventory draw reported by the EIA, but concerns about global demand persist.
Daily Post Nigeria on MSN
12h
Oil Theft: Group alleges Navy conniving with ship owners to steal crude
The Ijaw People's Development Initiative, IPDI, has lambasted the Nigerian Navy, saying it is a disappointment, alleging it ...
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2d
Crude Oil Rises on Dollar Weakness and Iran Crude Sanctions
Tuesday closed up +1.84 (+2.70%), and January RBOB gasoline (RBF25) closed up +0.0452 (+2.36%). Crude oil and gasoline prices ...
Crude Oil Prices
9h
Russian Oil Supply via Druzhba Pipeline to Czech Republic Remains Halted
The flow of Russian oil to the Czech Republic through the Druzhba pipeline has been halted, raising concerns about the ...
2d
Russia's crude oil and LNG shipments to Asia slip slightly in 2024
Asia's imports of Russian crude oil and liquefied natural gas are set to log small declines this year and while coal had a ...
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4h
Russia and Pakistan discuss offshore oil and gas exploration and refining cooperation – report
Russia and Pakistan are reportedly exploring potential cooperation in offshore oil and gas exploration and refining, ...
Crude Oil Prices
13h
Dozens of Middlemen Drop Out of Trading Russian Oil to India
Rising Russian interest rates are pushing small traders out of the Russia-India crude oil trade, consolidating the market with a few major players.
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