You Searched For "crude oil inventories" and got 20 results
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Oil prices spike on crude inventory update and Powell's rate-cut outlook
The Israel-Hamas war, Red Sea attacks, and the West's sanctions on Russia's oil trade have helped k…
Yuheng Zhan
US oil production just hit a record high
US oil production hit a record high of 13.4 million barrels per day last week, up from 12.6 million…
Kelly Cloonan
US crude-oil production will slow sharply from record heights over the next year, EIA says
US production won't reach December's record level until early 2025, the Energy Information Agency s…
Filip De Mott
Stock market today: Indexes edge lower as traders hit pause on data-fueled rally
Stocks took a breather Friday after rallying on strong economic data. Investors are waiting on the …
Max Adams
Oil prices plunge as US inventories jump and worries build over China demand
Oil prices fell as fresh data also showed that the US continued to churn out a record 13.2 million …
Jennifer Sor
Record-breaking oil production from the US has left OPEC with its lowest crude market share in nearly a decade
The IEA said global oil demand has slowed sharply amid economic turmoil, while the US, Brazil, and …
Phil Rosen
Why oil prices already at highs could surge another 10% by summer, according to BofA
Bank of America predicts Brent and WTI peaking around $95 per barrel in summer, a roughly 10% jump …
Yuheng Zhan
A wave of M&A means the US oil-production boom may be over
Public and private firms have very different financial priorities. For the US oil industry this yea…
Aruni Soni
Crude oil prices could soar 76% if the Israel-Hamas war morphs into a regional conflict, the World Bank says
In a worst-case scenario, crude oil prices could climb as high as $157 per barrel, the World Bank w…
Filip De Mott
India stands to gain as crude oil prices fall to 4-month low
With crude oil prices falling to a 4-month low in the international market, the Indian economy is e…
Hamas' strike on Israel will force the market to 'beg' Saudi Arabia to pump out more oil, famed crude trader says
Hamas' attack will play into the hands of the world's largest oil exporter, according to legendary …
George Glover
The oil and gas industry is undergoing its biggest-ever consolidation
Upstream merger and acquisition activity hit $144 billion in the fourth quarter alone and $190 bill…
Filip De Mott
Crude spikes on Middle East tensions but Iran’s entry will guide its movement say analysts
As Israel and Palestinian group Hamas attack each other, it has shaken up the world crude oil marke…
Stock market today: US stocks edge lower as AI-fueled tech rally stalls
Shares of Nvidia were down an additional 2% in early Friday trades, while Dell, Broadcom, and Super…
Matthew Fox
Stock market opens in green amid mixed global cues
The BSE Sensex opened with a modest rise of 96.95 points at 77,434.54, while the NSE Nifty saw a sl…
ANI
Global trends, crude oil prices, Q2 earnings to drive D-Street in holiday-shortened week: Analysts
Domestic equity markets will be driven mainly by quarterly earnings, global trends, and the movemen…
PTI
Oil prices are crashing. Blame uncertain demand and booming US production.
US crude prices plunged below $70 a barrel on Wednesday, while brent dropped to $74 as the global d…
Phil Rosen
Oil prices reverse higher as US inventories dive while energy giant says OPEC+ output boost isn't enough
The international oil alliance will increase production by 648,000 barrels per day for the two summ…
Phil Rosen
Stock market today: Stocks rise and yields fall as fresh data points to cooling job market
Tuesday's JOLTS report showed job openings hit their lowest level in over three years.
Filip De Mott
Goldman trims its 2024 oil-price forecast as the US keeps pumping up supply
Strategists expect Brent crude prices to peak at $85 a barrel in June 2024, and that Saudi Arabia w…