The larger-than-expected rise in crude oil inventories suggests a potential softening in demand, which could exert downward ...

China’s current total onshore crude inventories are equivalent to about 115 days of the country’s total seaborne crude ...

U.S. crude oil, gasoline, and distillate inventories all saw notable draws in the latest reporting period, contributing to a ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 5.6 million barrels ...

The API’s weekly report is a key indicator for stakeholders in the oil market, providing insights into the supply and demand balance in the U.S. petroleum sector. The latest figures suggest that while ...

U.S. crude stockpiles have fallen more sharply than traders expected, and the surprise drawdown is already rippling through global energy markets. Oil benchmarks, which had been under pressure after a ...

With oil prices soft and Tier 1 wells dwindling, Enverus says producers testing new zones and reviving global exploration led ...

Energy markets are facing another choppy week as oil prices move lower despite a notable draw in U.S. crude inventories. Conflicting signals from supply data, refinery activity and imports have kept ...

Oil remains above $70 despite a massive U.S. inventory build as Iran tensions and Strait of Hormuz risks embed a geopolitical ...

December WTI crude oil (CLZ25) on Wednesday closed down -0.96 (-1.59%), and December RBOB gasoline (RBZ25) closed down -0.0135 (-0.70%). Crude oil and gasoline prices gave up an early advance on ...

WTI crude hovers near $65 as a 9mn barrel US inventory draw clashes with surplus fears. Can OPEC+ discipline offset rising non-OPEC supply?

Government officials and industry experts underscored that the impact of the West Asian crisis and the Strait of Hormuz ...