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EIA, Crude oil
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.
U.S. Crude Oil Stockpiles Extend Decline
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while product stocks saw further large weekly builds.
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.
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
1h
on MSN
Why Occidental Petroleum Stock Slumped 17% in 2024 but Could Rally in 2025
Occidental Petroleum (NYSE: OXY) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P ...
1h
Oil prices end higher as traders weigh demand prospects, supply risks
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...
Punchng on MSN
5m
Oil spill sparks fire, devastates aquatic life in Rivers communities
A massive oil spill from a wellhead of Oil Mining Lease-15 a facility of the Nigeria National Petroleum Company Limited has ...
24/7 Wall St. on MSN
7h
Occidental Petroleum Just Paid Investors: Here's How Much They Got
Occidental Petroleum just rewarded shareholders with a quarterly dividend. This Buffett favorite had hiked its payout ...
Transport Topics
5h
OPEC Sees Steady Oil Demand Growth in First Look at 2026
OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026.
4h
Nymex Overview: Oil and Products Rally on Supply Concerns Over U.S. Sanctions -- OPIS
U.S. crude-oil futures rose more than $1, helped by robust distillate heating oil demand amid a winter blast in U.S. and Europe and as the energy market focused on possible supply disruptions because ...
5d
Occidental Petroleum says it realized lower prices for oil in fourth quarter
U.S. shale producer Occidental Petroleum said the prices received for oil production during the fourth quarter were lower ...
E&E
11h
US needs natural gas to help power AI boom, oil group says
A big AI build-out would require being able to produce an increasing amount of electricity. “To do that, you need to focus on ...
2d
Berkshire Hathaway: Deciphering Purchases Of Occidental Petroleum Shares
Buffett's investments in Occidental Petroleum reflect confidence in its intrinsic value. Read why this does not seem a good ...
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