U.S. crude oil, gasoline, and distillate inventories all saw notable draws in the latest reporting period, contributing to a rise in Brent and WTI crude oil prices.

Crude oil inventories in the United States increased by 3.5 million barrels during the week ending February 27, according to new data from the U.S. Energy Information Administration (EIA) released on ...

The larger-than-expected rise in crude oil inventories suggests a potential softening in demand, which could exert downward pressure on crude prices. This development is significant as it comes at a ...

The API’s weekly report is a key indicator for stakeholders in the oil market, providing insights into the supply and demand balance in the U.S. petroleum sector. The latest figures suggest that while ...

U.S. crude stockpiles have fallen more sharply than traders expected, and the surprise drawdown is already rippling through global energy markets. Oil benchmarks, which had been under pressure after a ...

US commercial crude inventories increased to 435.8 million, remaining slightly below the 5-year average, while refinery ...

Energy markets are facing another choppy week as oil prices move lower despite a notable draw in U.S. crude inventories. Conflicting signals from supply data, refinery activity and imports have kept ...

December WTI crude oil (CLZ25) on Wednesday closed down -0.96 (-1.59%), and December RBOB gasoline (RBZ25) closed down -0.0135 (-0.70%). Crude oil and gasoline prices gave up an early advance on ...

China’s current total onshore crude inventories are equivalent to about 115 days of the country’s total seaborne crude ...

LONDON (Reuters) -Oil prices edged up on Thursday, taking a break after major losses in the previous session, as investors weighed concerns about global oversupply with looming sanctions against ...