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Crude Oil
Macquarie Forecasts Surge in U.S. Crude Inventories
The implied domestic supply is poised to record a minimal nominal increase during the week.
May 8th 2024
Oil Inventories Unexpectedly Rise by 509,000 Barrels Last Week: API
The API data also showed that gasoline stockpiles rose by 1.46M barrels, while distillate inventories increased by 1.7M barrels.
May 8th 2024
US Stockpiles Swell, Leading to Lower Oil Prices
At 1430 GMT, official U.S. government stockpile data is expected.
May 8th 2024
Saudi Aramco’s Net Income Declined on Falling Crude Oil Volumes
Saudi Aramco expects total dividends of $124.3 billion to be declared during this year.
May 7th 2024
Petrobras Loads Diesel from Reliance on Crude Tanker in India After Delay
Petrobras has sporadically been using its crude tankers to load diesel in the past three years from India and the Middle East to Brazil, Kpler data showed.
May 7th 2024
Oil Edges Up After Israel Strikes Gaza, While Truce Talks Continue
Israeli forces struck Rafah on Gaza's southern edge from the air and ground and ordered residents to leave parts of the city, which has been a refuge for more than a million displaced Palestinians.
May 7th 2024
Touchstone Exploration to Acquire UK-Headquartered Oil and Gas Firm
The completion of the transaction is subject to necessary regulatory approvals and is expected to close by end of third quarter this year.
May 6th 2024
Oil Rises 1% on Softer Dollar, US Braces for Hurricane Hit
The storm will likely impact fuel distribution systems and hit fuel consumption in the affected regions just ahead of the Labor Day federal holiday on Sept. 4, said Mizuho analyst Robert Yawger.
May 6th 2024
Big Oil Finds More to Love in Deepwater Exploration Fields
The Stabroek block off the coast of Guyana has demonstrated the potential for low cost production that rivals the best deepwater fields elsewhere.
May 6th 2024
EOG Resources Q1 Oil Output Surpassed Midpoint of Guidance Range
The natural gas production was above the midpoint of the guidance range and up 1% from prior quarter.
May 3rd 2024
United States Crude Oil Prices
COMMODITY  PRICE  CHANGE
Alabama Heavy Asphaltic Sour61.84+0.33
Alabama Light Sour68.71+0.37
Alabama Light Sour Womack Hill Type55.28+5.30
Alabama Light Sweet73.71+0.37
Alabama/ Florida Panhandle71.52-0.10
Popular News
1
Oil Near Flat as Extreme Cold's Hit to U.S. Output Offsets China Data
2
Ministry Plan to Replenish Strategic Oil Reserves Put on Hold
3
Nigeria Clears Additional Backlog of January Crude Oil Cargoes
4
Chesapeake Energy, Southwestern Energy Advance Merger Talks
5
US Issues New Sanctions Over Russian Oil Price Cap Violation
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