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3 days ago · Wed, Jun 26, 2024, 12:35 PM 2 min read. (Bloomberg) -- Oil settled little changed after swinging between losses and gains as US petroleum stockpiles rose to the highest in more than three years ...
2 days ago · The U.S. Energy Information Administration (EIA) reported a 3.6 million barrel jump in the country's crude oil stocks in the week ended June 21, surprising analysts were expecting inventories to ...
2 days ago · VIEWS. (Bloomberg) — Oil dipped ahead of key US economic data, as the market seeks a catalyst to break out of the tightest trading range in over three years. Brent slipped below $85 a barrel and has swung in a narrow range of $1.76 so far this week, the smallest fluctuation since early 2021. Traders are watching for a range of US economic ...
4 days ago · The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says. The oil market could see a supply crunch, Goldman Sachs said. Oil demand will rise for ...
5 days ago · Oil prices rise on fuel demand expectations, easing US dollar. By Laila Kearney. NEW YORK (Reuters) -Oil prices rose about 1% on Monday, spurred by the prospect of strong summer driving demand...
5 days ago · Oil edged higher, with rising equity markets and a softer dollar providing support. West Texas Intermediate hovered around $81 a barrel, rebounding from Friday’s decline.
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3 days ago · U.S. gas output reached an all-time peak of 92.1 Bcfd in 2019 before declining to an estimated 89.7 Bcf/d in 2021. However, Rystad says the downward trend is expected to quickly change as the effects of the pandemic subside and activity builds across the country’s major gas basins.
