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US oil futures rise
Oil prices tick up after industry data shows fall in U.S. crude inventories
Oil futures were flat to slightly higher Wednesday, with investors awaiting official data on U.S. inventories after an industry report was said to show a large drop in crude stocks but significant increases in gasoline and distillates.
Oil prices surge as OPEC supply drops, US crude stocks decline
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while U.S. crude oil stocks fell last week, market sources said, citing American Petroleum Institute figures. Also supporting prices was an unexpected increase in U.
US oil futures rise after API reports much larger drop in US crude stocks
U.S. crude oil futures inched higher in post-settlement trading Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly domestic crude stockpiles. Crude Oil WTI Futures,
Biden may ban offshore oil drilling in US coastlines
Trump's oil promises have bigger problems than Biden's new offshore drilling ban
President Joe Biden's move to protect offshore areas is largely symbolic, but the economic factors that may limit oil output gains are very real.
Trump plans to 'immediately' reverse Biden's 'ridiculous' ban on new oil and gas drilling along US coast
President-elect Donald Trump said he will "unban" President Biden's executive order blocking new oil and gas drilling across U.S. coastal and offshore waters.
Biden issues ban on offshore oil and gas drilling in most federal waters. Trump vows to undo it
Biden's last-minute actions could be difficult for President-elect Trump to unwind, since they would likely require an act of Congress to repeal.
Russia, Ukraine and Oil Depot
Ukraine says it attacked fuel depot serving Russian strategic bombers’ air base
Ukrainian drones struck deep inside Russia in an overnight attack targeting an oil facility serving a military airfield in the city of Engels, nearly 400 miles from the border, Ukraine’s military said Wednesday.
Ukraine Strikes Russian Oil Depot Serving Airfield, Military Says
It reported multiple explosions and a big fire at "Kristal" oil depot, which it said provided fuel to the "Engels-2" military airfield, where Russia's strategic bomber fleet is based. "The strike of the oil depot creates serious logistical problems for the strategic aviation of the Russian occupiers and significantly reduces their ability to strike at peaceful Ukrainian cities and civilian objects,
Ukraine 'drones attack oil depot for Putin's nuclear bomber planes' deep inside Russia
A huge fire exploded at the ‘Kristal’ oil complex in the city of Engels after long-range strikes, said Ukraine’s military
55m
Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings
Exxon Mobil has warned that lower oil prices and a squeeze on refinery margins will hurt its fourth-quarter earnings. Exxon ...
7h
Iran pushes China to let it sell $1.7 billion worth of stranded oil, sources say
Iran is pushing to recoup 25 million barrels of oil from China that has been stuck for six years in Chinese ports due to ...
1h
on MSN
ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
ExxonMobil said it expects to take an up to $900 million hit to its upstream earnings in the fourth quarter versus the ...
13h
on MSN
Oil rises on signs of tighter market; key Chinese port said to ban U.S.-designated vessels
Crude oil futures rise on Chinese stimulus hopes and weather demand, while concerns over Iranian supply disruptions support ...
3h
Guyana oil exports jump, gain Europe market share in 2024
Guyana's oil exports rose 54% last year to some 582,000 barrels per day (bpd), fueled by European refiners' demand for ...
14h
on MSN
ExxonMobil Earnings to Fall on Lower Oil Prices
The change in gas prices, however, may boost earnings by as much as $400 million for the quarter, the company said..
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