Oil prices end lower as U.S. crude supplies post first weekly rise in 10 weeks
U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly rise in commercial crude inventories following nine consecutive weekly declines.
Oil prices dip as US crude inventories surge, tariff concerns loom
Oil prices fell on Wednesday, following a rise in U.S. crude stockpiles and easing worries over Libyan supply, while focus turned to potential U.S. tariffs on Canadian and Mexican imports.
U.S. Crude Oil Stockpiles Rise for First Time in 10 Weeks
U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and refineries lowered their capacity use.
Oil prices end lower on Trump’s tariff talk, concerns over AI-related power demand
Oil futures settled lower on Monday, as the Trump administration’s ongoing tariff threats and their potential economic impact, along with concerns over the potential for a slowdown in AI-related power demand,
Oil prices drop as US stockpile grows, tariffs remain in focus
Oil prices edged lower on Wednesday, with the U.S. benchmark down nearly 1% after crude stockpiles in the world's top petroleum producer and consumer rose more than expected last week. Brent crude futures were down 43 cents,
Oil Falls Amid U.S. Tariff Fears, Stockpiles Outlook
Oil fell as traders assess the potential impact of U.S. trade tariffs on global growth and the stockpiles outlook.
Analysts See Increase in U.S. Crude Oil Stockpiles
U.S. crude oil inventories likely rose last week for the first time in more than two months, while gasoline stocks are seen continuing to build, according to a survey by The Wall Street Journal. Commercial crude stockpiles are expected to have risen by 1.
Crude Prices Sink on Bigger US Inventories and Easing of Tariff Concerns
Wednesday closed down -1.15 (-1.56%), and March RBOB gasoline (RBH25) closed down -0.0150 (-0.72%). Crude and gasoline prices Wednesday settled moderately lower, with crude falling to a 2-1/2 week low.
Oil prices steady as investors weigh impact of Trump tariffs
Oil prices steadied on Wednesday as investors weighed the impact of potential U.S. tariffs on Canadian and Mexican imports, while largely shrugging off an increase in U.S. weekly crude inventory. Brent crude futures fell 2 cents to $77.
IEA comes under pressure from former oil market chief to cut energy transition focus
The International Energy Agency's former oil industry and market chief criticized the agency's focus on the global energy ...
Oil Price Update - Brent Continues To Struggle As Technicals Offer Bulls Hope
By Zain VawdaOil prices continue to struggle to gain any sort of bullish traction as uncertainties around tariffs and the ...
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U.S. Upstream Oil & Gas M&A Hit $105 Billion In 2024
Mergers and acquisitions in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third-highest annual total ...
Petrobras' oil and gas reserves rose to 11.4 billion boe in 2024
Brazilian state-run oil firm Petrobras said on Wednesday that its estimated proven reserves of oil, condensate and natural ...
Big Oil Earnings Slump Puts Payouts to Investors Under Pressure
The flow of dividends and buybacks from the world’s largest oil companies is under pressure, with fourth-quarter profits ...
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...
California considers letting victims of natural disasters sue oil companies for damages
California is considering a bill that would allow insurers and victims of climate-driven natural disasters to sue the oil ...
Oil prices settle higher a day after sliding in DeepSeek-inspired tech rout
Oil futures finished higher on Tuesday, recouping a portion of the selloff from a day earlier tied to the emergence of ...