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US net crude oil imports to fall by 20% in 2025 to lowest since 1971, EIA says
U.S. net crude oil imports are forecast to fall by 20% next year to 1.9 million barrels per day, their lowest since 1971, the Energy Information Administration said on Tuesday, pointing to higher U.S.
Surprise Crude Oil Build Pressures Prices
Crude oil inventories in the United rose by 499,000 barrels for the week ending November 29, according to The American Petroleum Institute (API). Analysts had expected a draw of 1.30 million barrels. For the week prior, the API reported a 1.232-million barrel build in crude inventories.
China's exports slow, imports decline, in November falling below forecasts
China’s exports slowed in November and its imports fell, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost domestic business activit
China's Nov crude oil imports rebound on lower prices, stockpiling
China's crude oil imports jumped in November from a year earlier for the first annual growth in seven months, data showed on Tuesday, driven by lower prices of Middle East supplies and additions to the national stockpile.
China's November imports post surprise drop; sharpest decline in 14 months
Export has been a rare bright spot as the world's second largest economy contends with lackluster domestic consumption and a prolonged housing downturn.
Crude oil prices under pressure amid disappointing Chinese data
Crude oil prices retreated from Monday's gains amid weak demand outlooks, following disappointing Chinese international trade data for November. View on euronews
1h
Investors moving to natural gas, away from oil as 2025 energy stock play
The First Trust Natural Gas ETF ( FCG) has enjoyed nine straight weeks of fund inflows, the longest streak since 2021; ...
4h
Oil prices rise on China stimulus, possible tight supply in Europe
Oil prices rose on Tuesday as markets looked to rising demand in China, the world's largest buyer, and possible tight supply ...
10h
What to look for in Supreme Court arguments over environmental regulation of Utah oil railway plan
A proposed western railroad expansion aimed at boosting crude oil production in Utah is coming before the Supreme Court in a ...
8h
U.S. Crude Oil Stocks Seen Down for Third Straight Week
U.S. crude oil inventories likely fell for a third consecutive week while product stocks continued to build, with refineries maintaining a high rate of capacity use, according to a survey by The Wall ...
1d
Oil Prices Surge as Syrian Leader Bashar al-Assad Ousted From Power
U.S. benchmark crude oil increased by 75 cents to $67.95 per barrel after it was announced that Assad's regime in Syria had ...
justthenews
9h
U.S. crude production reaches record, led by Texas
Texas is leading primarily because production occurs on private land and Gov. Greg Abbott and the state legislature have ...
MarketWatch
22h
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $103.156 0.016 0.02% 5-Year U.S. Treasury Note Continuous Contract $107.664 0.031 0.03% 10-Year U.S. Treasury Note Continuous Contract $111.219 0.047 ...
4d
on MSN
The US and other crude producers will take more oil market share from OPEC in the coming years, Bank of America says
The US and other oil-producing nations will account for the bulk of crude supply growth in 2025, Bank of America said.
4h
Supreme Court leans toward Utah oil railway plan, but may not make broad environmental ruling
The Supreme Court seemed to favor a Utah oil railroad expansion in arguments on Tuesday, but appeared more skeptical of ...
1d
Saudi oil price cut for Asia buyers underscores weakening market outlook
Oil prices rose on China's monetary easing and Assad's ouster in Syria. Saudi Arabia's decision to cut official oil selling ...
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