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1. www.marketwatch.com › story › oil-futures-hover-nearOil futures settle at 7-week highs as U.S. crude and gasoline ...

   www.marketwatch.com › story › oil-futures-hover-near

   Jun 20, 2024 · U.S. oil production was unchanged at 13.2 million barrels per day in the latest week, the EIA said, while crude stocks at the Cushing, Okla., Nymex delivery hub rose by 300,000 barrels to 34.1 ...

2. www.reuters.com › business › energyOil prices ease on strong dollar, mixed global economic news

   www.reuters.com › business › energy

   Jun 21, 2024 · Brent futures fell 47 cents, or 0.6%, to settle at $85.24 a barrel, while U.S. West Texas Intermediate crude (WTI) ended 56 cents, or 0.7%, lower at $80.73. ... a proxy for oil demand, rose by 1.9 ...

3. Videos

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     1:36

     reuters.com

     Why did OPEC cut oil production? Key reasons explained

     Apr 3, 2023

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     1:16

     finance.yahoo.com

     Oil prices rise on a decline in U.S. crude inventory

     Dec 22, 2021

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     1:08

     youtube.com

     U.S. Crude Oil Inventories Are Falling. How Will Futures Markets Respond?

     Mar 3, 2021

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4. www.mckinsey.com › industries › oil-and-gasGlobal Energy Perspective 2023: Oil outlook | McKinsey

   www.mckinsey.com › industries › oil-and-gas

   • Cached

   Jan 24, 2024 · After a steep decline due to COVID-19, oil demand increased to pre-pandemic levels in 2023 at 101.7 million barrels per day (MMb/d). However, growth may not last long, as peak demand is projected to materialize before 2030 across our four bottom-up energy transition scenarios.

5. www.morningstar.com › news › marketwatchU.S. oil prices fall as weekly domestic crude supplies rise ...

   www.morningstar.com › news › marketwatch

   • Cached

   3 days ago · U.S. oil production was unchanged at 13.2 million barrels per day in the latest week, the EIA said, while crude stocks at the Cushing, Okla., Nymex delivery hub fell by 200,000 barrels to 33.9 ...

6. www.reuters.com › business › energyOil prices rise on US crude draw; jobs data feeds rate cut ...

   www.reuters.com › business › energy

   Jun 20, 2024 · Crude inventories fell by 2.5 million barrels in the week ending June 14 to 457.1 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 2.2 million-barrel draw.

7. www.cnbc.com › 2024/06/26 › crude-oil-prices-todayCrude oil prices today: WTI higher despite rising inventories

   www.cnbc.com › 2024/06/26 › crude-oil-prices-today

   • Cached

   2 days ago · West Texas Intermediate crude futures settled 7 cents higher at $80.90 a barrel. The gains mean the U.S. benchmark is up 5% on the month, while Brent has tallied a 4.4% gain in June. Analysts have ...

8. People also ask

   How did crude stocks perform in the week ending June 14?

   • Crude inventories fell by 2.5 million barrels in the week ending June 14 to 457.1 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 2.2 million-barrel draw. Stocks at the Cushing, Oklahoma, delivery hub for U.S. crude futures (USOICC=ECI) rose by 307,000 barrels, the EIA said.

   Oil prices rise on US crude draw; jobs data feeds rate cut hopes

   www.reuters.com/business/energy/brent-rises-middle-east-war-while-wti-dips-ahead-inventories-report-2024-06-20/

   See all results for this question

   Why did oil futures rise on Thursday?

   • June 20 (Reuters) - Oil futures climbed on Thursday after the U.S. Energy Information Administration (EIA) reported a draw on crude oil and data showing a cooling jobs market that stoked hopes the Federal Reserve could cut interest rates soon. Brent crude futures settled at $85.71 a barrel, up 64 cents or 0.75%.

   Oil prices rise on US crude draw; jobs data feeds rate cut hopes

   www.reuters.com/business/energy/brent-rises-middle-east-war-while-wti-dips-ahead-inventories-report-2024-06-20/

   See all results for this question

   Why did oil prices drop a day earlier?

   • Prices declined despite signs of improving U.S. oil demand and falling fuel inventories that helped boost crude prices to a seven-week high a day earlier. Brent futures fell 47 cents, or 0.6%, to settle at $85.24 a barrel, while U.S. West Texas Intermediate crude (WTI) ended 56 cents, or 0.7%, lower at $80.73.

   Oil prices ease on strong dollar, mixed global economic news

   www.reuters.com/business/energy/oil-prices-slip-rate-hike-worries-come-into-focus-2024-06-21/

   See all results for this question

   Will oil demand increase in 2023?

   • After a steep decline due to COVID-19, oil demand increased to pre-pandemic levels in 2023 at 101.7 million barrels per day (MMb/d). However, growth may not last long, as peak demand is projected to materialize before 2030 across our four bottom-up energy transition scenarios.

   Global Energy Perspective 2023: Oil outlook | McKinsey

   www.mckinsey.com/industries/oil-and-gas/our-insights/global-energy-perspective-2023-oil-outlook

   See all results for this question

9. www.marketwatch.com › story › oil-prices-extendOil futures end higher on signs of strong U.S. gasoline demand

   www.marketwatch.com › story › oil-prices-extend

   Apr 3, 2024 · Industry data from the American Petroleum Institute late Tuesday had shown a decline of 2.3 million barrels, while analysts surveyed by S&P Global Commodity Insights had expected the EIA...