European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...

Oil prices settle lower as U.S. crude supplies fall but product stocks rise Weekly gasoline stockpiles climb by more than 6 million barrels, EIA says Last Updated: Jan. 8, 2025 at 3:22 p.m. ET ...

Physical oil ... crude futures are trading just below the Fibonacci resistance level of $69.21 and the 50-day moving average (MA) at $69.86, with an additional resistance point at the long-term ...

The U.S. is the world's largest oil producer and the world's largest ... of approval from the National Security Council, you can flash it to every federal judge that tries to stand in the way ...

Supply and demand imbalances can cause huge fluctuations in oil prices. We saw that in early 2022 after Russia's invasion of Ukraine, which sent crude prices soaring into the triple digits for the ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United ... crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma ...

With regard to Western Canada and oil and gas, I think that is something that we should indicate is on the table. Herman points out that unless the U.S. exempts crude oil from any general tariff ...

PORTLAND, Ore. (KTVZ) – The price of crude oil jumped to $80 a barrel last week, and that’s pushing pump prices higher in 45 states, including Oregon, AAA Oregon/Idaho reported Tuesday.

(Bloomberg) -- Russia’s seaborne crude exports saw their biggest drop since November last week after outgoing US President Joe Biden imposed sweeping sanctions on the country’s oil trade ...