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.

A plan to resume offshore oil drilling in Santa Barbara, California, has reopened old wounds in a city where a 1969 oil spill ...

Nigeria has solidified its position as a premier oil producer, supplying its crude to several countries globally. The country's crude oil, renowned for its exceptional quality and strategic ...

The combination of these factors has led to a significant decline in Russian oil exports. Russian crude oil exports by sea have dropped by 11% from a recent high in October, due to maintenance at ...

Crude Oil is holding on to roughly 1% gains at the ... A broad pullback in the US Dollar allows the pair to find some respite after losing over 1% on Thursday. A better mood limits US Dollar ...

The EIA’s December STEO forecasts that U.S. crude oil production will average 13.24 million barrels per day overall in 2024. Lower 48 states, excluding the GOM, will contribute 11.05 million ...

Crude oil futures rose on Monday morning due to escalating tensions in West Asia following the ouster of the Syrian president Bashar al-Assad. At 9.57 am on Monday, February Brent oil futures were ...

Oil prices are for failing to hold on this week's winning streak. The EIA report from Wednesday showed Cushing Crude Supply fell to a seven-year low. The US Dollar Index trades stronger after the ...

The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result ...

2-Year U.S. Treasury Note Continuous Contract $102.742-0.063-0.06% 5-Year U.S. Treasury Note Continuous Contract $106.195-0.148-0.14% 10-Year U.S. Treasury Note Continuous Contract $108.625-0.188 ...

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