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EIA reports a weekly fall in U.S. crude supplies

US crude oil stocks excluding SPR fall to 2-year low, EIA says

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.

Markets Insider on MSN · 2d

Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.

MarketWatch · 2d

EIA reports a weekly fall in U.S. crude supplies, but inventory rises

Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in

Oil up, heads for Fourth weekly gain

Reuters · 2d

Oil rallies, settles at multi-month high on US crude draw, Russia sanctions

Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions from sanctions on Russian tankers, though gains were capped as the market awaited more clarity on their impact.

MarketWatch on MSN · 6h

Oil prices on track for fourth straight weekly gain on supply fears

Oil futures were slightly lower early Friday, but on track for a fourth straight week of gains after wider sanctions against Russia’s energy industry tightened supply.

The Wall Street Journal on MSN · 10h

Oil Headed for Weekly Gains on Supply Disruption Fears

Oil was on track for weekly gains of more than 2%, boosted by supply disruption concerns following the latest U.S. sanctions against Russia, with the market now looking ahead to Trump’s White House return for more clarity on trade tariffs and potential sanctions on Iran and Venezuela.

India is staring at an oil shock

Hosted on MSN · 13h

India is staring at an oil shock as U.S. sanctions on Russian crude loom

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry.

Reuters on MSN · 1d

Column-China response key to crude oil after new sanctions on Russia: Russell

By Clyde Russell LAUNCESTON, Australia (Reuters) - "This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.

NBC New York · 1d

U.S. sanctions on Russia hit oil freight rates

On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia’s energy revenues, including on 183 vessels, largely oil tankers.

MarketWatch14h

Crude Oil WTI (NYM $/bbl) Front Month

2-Year U.S. Treasury Note Continuous Contract $102.813 0.008 0.01% 5-Year U.S. Treasury Note Continuous Contract $106.258-0.008-0.01% 10-Year U.S. Treasury Note Continuous Contract $108.625 0.016 ...

Crude Oil Prices6h

The Case for Lower Oil Prices

Crude oil prices rallied sharply following the release of better-than-expected US CPI data, fueled by optimism about ...

Vanguard1d

Crude oil price will dictate petrol pump price, says FG

Senator Heineken Lokpobiri on Thursday insisted that fluctuations in the pump price of petrol would be determined by the ...

'Brace for a dynamic and potentially tumultuous year' in the oil markets: analyst

Ahead of Donald Trump's presidential inauguration on Monday, Stephen Innes, managing partner at SPI Asset Management, warned traders to “brace for a dynamic and potentially tumultuous year in crude ...