EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...
ULSD contracts are on track for a second day of declines, with the April contract off by 1.06cts to $2.1516/gal and the May contract down by 1.05cts to $2.1239/gal.
Crude oil futures gained Wednesday, as a second straight weekly addition in U.S. crude oil inventories was offset by a larger than expected drawdown in domestic gasoline inventories and an increase in ...
U.S. oil prices were ahead by more than 2.2% at 11:45 a.m. ET, with the NYMEX April West Texas Intermediate crude contract climbing $1.47 to 67.72/bbl and May prices moving $1.44 higher to $67.37/bbl.
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"Recent price weakness makes it difficult for US producers to 'drill, baby, drill'. While prompt WTI is trading below $67/bbl, forward values are even weaker. The calendar 2026 price is trading ...
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Brent crude had climbed $0.48/bbl in the previous session after drones from Ukraine attacked a pumping station in Russia on the Caspian Pipeline Consortium pipeline, which moves crude from ...