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U.S. Crude Oil Stockpiles Fall More Than Expected
U.S. crude oil inventories fell by more than expected last week and product stockpiles were mixed as refineries raised their capacity use, according to EIA data.
Oil settles up over 1% on large draw from US crude stocks
Oil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of year-end, buoyed by a larger-than-expected drawdown from U.S. crude inventories last week.
Oil prices rise on crude drawdown; natural gas falls on profit-taking
Oil prices increased due to a significant crude drawdown, while natural gas prices fell amid smaller draws and profit-taking.
Oil rises as U.S. stockpiles post larger than expected draw
Crude oil futures rose Friday as the U.S. reported a fifth straight weekly draw in U.S. crude inventories, and following an Israeli aerial assault Thursday against Houthi rebels in Yemen, stoking concerns about more potential instability in the Middle East.
4h
on MSN
Oil 2025: A tailwind for Trump as Wall Street projects lower crude prices
Meanwhile, BofA analysis shows prices could drop to an average of $65 per barrel in 2025, particularly if the Organization of ...
1d
Last U.S. Crude Inventory Data Of 2024 Lifts Oil Prices By Over 1%
Crude inventories stateside have perhaps offered the final pointer of 2024 marginally lifting oil prices but demand concerns ...
8h
Carlos Slim Invested $1 Billion in 2024 to Supercharge Oil Bets
Carlos Slim, Latin America’s richest man, plowed $1 billion this year into growing his crude-oil producing and refining ...
Crude Oil Prices
9h
China Issues Second Batch of Crude Oil Import Quotas
China issued a second batch of crude oil import quotas for 2025 to its independent refiners, potentially boosting the country's overall crude oil imports next year.
21h
India May Account For 25% Of Global Oil Demand Growth In 2025
As the oil market turns its attention to 2025, many are eyeing how things unfold in India with the country tipped to account ...
8h
Oil Futures Gain Ground in Early Trade
Oil futures were higher heading into year-end, with the market set to focus on 2025 supply and demand dynamics.
Crude Oil Prices
3d
Is China’s Fiscal Stimulus Enough to Drive Oil Prices Higher in 2025?
China's fiscal stimulus has provided some upward momentum for oil market, but questions still remain over the longevity of ...
4d
on MSN
Oil prices slide as traders await fresh supply data
Crude oil prices climbed on Thursday as hopes for more Chinese government stimulus helped boost demand for the commodity.
5d
Oil News: Crude Prices Set to Drop in 2025 – How Low is Too Low?
Oil prices face bearish pressure in 2025 as rising supply outpaces demand. Analysts expect Brent to hold near $74, but risks ...
5h
on MSN
Russian Oil Production Collapses to 20-Year Low
Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the ...
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