crude oil prices
crude oil prices Articles
The U.S. crude oil stockpile fell by more than 6 million barrels last week, more than double the expected drop. Gasoline inventories also posted a much larger-than-expected drop.
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The July 13 short interest data have been compared with the previous figures, and short interest in these selected big oil stocks was mixed.
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The number of U.S. land-based rigs drilling for oil fell by five this week and the natural gas rig count fell by two. The decline has sent crude prices higher.
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When President Trump complained about how rising interest rates were slowing economic growth on Thursday, the dollar immediately weakened. A weaker greenback typically means lower crude oil prices....
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The U.S. crude oil inventory added nearly 6 million barrels last week compared with consensus estimates for a decline of more than 3 million barrels. Gasoline inventories fell more than expected,...
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The Intercontinental Exchange will launch a WTI crude oil contract this quarter for oil physically delivered to Houston from the Permian Basin.
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The number of U.S. land-based oil rigs did not change this week, but two natural gas rigs were put to work along with one new rig in the Gulf of Mexico.
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The June 29 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
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The U.S. commercial crude inventory fell by more than 12 million barrels last week but the decline was more than offset as inventories of other petroleum products rose.
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The proposed IPO of a piece of Saudi national oil company Aramco appears to have stalled and may not happen at all now that crude prices have more than doubled since the IPO was first discussed.
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The U.S. commercial crude oil inventory rose by an unexpected 1.2 million barrels last week sending Thursday's crude price into a skid.
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Independent upstream energy company Berry Petroleum has filed with the SEC regarding its initial public offering.
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The OPEC agreement reached last month to raise crude oil production was likely a pro forma deal arranged months before when the United States pulled out of the nuclear deal with Iran.
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The U.S. land-based rig count dropped by 5 this week on top of a decline of 7 in the prior week. The lower number is helping keep the price moving higher.
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The June 15 short interest data have been compared with the previous figures, and short interest in these selected big oil stocks was mixed.
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