Strategic Petroleum Reserve increased from 398.5 million barrels to 399.1 million barrels. Domestic oil production declined from 13.465 million bpd to 13.367 million bpd. Oil markets tested ...

The EIA said crude oil inventories rose by 1.3 million barrels last week after jumping by 3.5 million barrels in the previous week. Economists had expected crude oil inventories to fall by 1.9 ...

Estimated 6 Billion Barrel Shale Oil Reserve in Southeast Turkey, Minister Says By Nevzat Devranoglu SIRNAK, Turkey (Reuters) -U.S. oil producer Continental Resources estimates there is a shale ...

33,623 people played the daily Crossword recently. Can you solve it faster than others?33,623 people played the daily Crossword recently. Can you solve it faster than others?

London - US crude surged $2 (R13.57) to above $76 a barrel yesterday as BP began shutting an Alaskan field that pumps 8 percent of US oil and anxiety over the Middle East ran high. London Brent ...

The US imported an average of 5.36 million barrels of crude oil per day from ten major nations last week, according to the EIA. This is a 96,000-barrel increase over the previous week, when US oil ...

President Trump, who promised to uplift oil and gas, is set to preside over a decline in shale production. Drillers that made the U.S. the world’s top oil producer say they are hitting the ...

Crude oil stocks, not including the SPR, stood at 441.8 million barrels on May 9, the EIA's latest weekly petroleum status report showed. Image by peshkov via iStock U.S. commercial crude oil ...

KUWAIT, 16th May, 2025 (WAM) -- The price of Kuwaiti crude oil declined by US$2.45 on Thursday, settling at US$64.08 per barrel, down from US$66.53 the previous day, the Kuwait Petroleum ...

Moreover, it’s characteristic that the API and EIA reported an unexpected increase of US oil inventories by 4.287 million barrels and 3.454 million barrels, respectively. The reports by the two ...

Crude oil drops over $1 as U.S. stockpiles surge by 3.5M barrels, adding pressure on already volatile energy markets. WTI breaks below $61.64 pivot with bearish candles forming; next key support ...

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