You Searched For "oil inventories" and got 20 results
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4 mins read
Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra
A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…
1 min read
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
2 mins read
China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now
On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher pro…
Huileng Tan
1 min read
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
1 min read
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
1 min read
The oil market faces the risk of a major shock as high interest rates cause traders to dump inventories
"For oil refineries and trading companies, the cost of holding oil in tanks has become much more ex…
Filip De Mott
2 mins read
The US oil supply unexpectedly plummeted last week — and it could keep gas prices high for longer
Economists expected the US oil inventory to creep higher last week. It dropped by 2.5 million barre…
Ben Winck
2 mins read
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
1 min read
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
3 mins read
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
2 mins read
Olive oil prices are skyrocketing. Here's how my startup is managing to keep costs low.
Andrew Benin, the cofounder of Graza, talks about how the startup is dealing with record-high olive…
Lakshmi Varanasi
1 min read
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
1 min read
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…
1 min read
Russia's Gazprom continues cutting natural gas supplies to Europe just as customers try to build up inventories for winter
Germany says Gazprom is trying to push gas prices higher. Russia's state-run supplier cut flows aga…
Brian Evans
2 mins read
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
2 mins read
Q2 earnings, global trends, trading activity of foreign investors to drive market movement: Analysts
The ongoing quarterly earnings report card of corporates, global trends and trading activity of for…
PTI
2 mins read
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
2 mins read
US oil prices surge to their highest level in 2023
Production cuts from OPEC+ this summer have weakened global crude supply and sparked more than a 30…
Phil Rosen
1 min read
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
2 mins read
Oil jumps 5% as decline in US inventories follows brighter demand outlook from OPEC
Oil prices climbed Wednesday as a larger-than-expected drop in US crude supplies follows a stronger…