Crude oil inventories in the United States decreased by 3.3 million barrels during the week ending May 22, according to new data from the U.S. Energy Information Administration (EIA) released on Thursday The decrease brings commercial stockpiles to 441.7 million bar
Crude oil inventories in the United States decreased by 3.3 million barrels during the week ending May 22, according to new data from the U.S. Energy Information Administration (EIA) released on Thursday The decrease brings commercial stockpiles to 441.7 million bar
The weekly EIA inventory data shows: crude oil inventories -3.327 million versus -4.143 million estimate distillates -2.107 million versus -1.024 million estimate. Gasoline -2.572 million versus -2.412 million estimate Cushing -2.794 million versus -1.604 million la
The weekly EIA inventory data shows: crude oil inventories -3.327 million versus -4.143 million estimate distillates -2.107 million versus -1.024 million estimate. Gasoline -2.572 million versus -2.412 million estimate Cushing -2.794 million versus -1.604 million la
The president of the Federal Reserve Bank of Dallas has some advice for all trying to stop the Iran War: Get the Strait of Hormuz opened. Otherwise, global oil supplies will get severely constrained, Lorie Logan told attendees at the Bank of Japan Institute for Monetary an
The president of the Federal Reserve Bank of Dallas has some advice for all trying to stop the Iran War: Get the Strait of Hormuz opened. Otherwise, global oil supplies will get severely constrained, Lorie Logan told attendees at the Bank of Japan Institute for Monetary an
Occidental Petroleum reduces debt and raises dividend after divesting its chemicals division to Berkshire Hathaway. Occidental Petroleum (OXY) sold its chemicals division to Berkshire Hathaway for $5.8 billion, reducing its debt to $15 billion. The company also raised its
Occidental Petroleum reduces debt and raises dividend after divesting its chemicals division to Berkshire Hathaway. Occidental Petroleum (OXY) sold its chemicals division to Berkshire Hathaway for $5.8 billion, reducing its debt to $15 billion. The company also raised its
BNY’s Bob Savage reports that renewed Iran–US tensions and evidence of tight US inventories are supporting Oil, with satellite data showing most Strait of Hormuz export facilities closed. Savage cites International Energy Agency (IEA) projections of $3.4 trillion sector in
BNY’s Bob Savage reports that renewed Iran–US tensions and evidence of tight US inventories are supporting Oil, with satellite data showing most Strait of Hormuz export facilities closed. Savage cites International Energy Agency (IEA) projections of $3.4 trillion sector in
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