crude oil prices
crude oil prices Articles
The number of U.S. land-based rigs drilling for oil dropped by one this week. Prices jumped earlier this morning on news that OPEC and its partners are raising production by about 600,000 barrels a...
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U.S. crude oil inventories fell more than expected but production of gasoline and distillates more than offset the drop. Exports of both crude and refined products rose sharply in the week as well.
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U.S. petroleum inventories unexpectedly fell last week according to the lates Energy Information Administration report. Prices rose somewhat but have pulled back to just 10 cents above last night's...
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The International Energy Agency (IEA) sees both supply of and demand for crude oil rising both this year and into 2019. Given sanctions against Iranian exports and Venezuelan production declines,...
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Crude oil has been trading near $66 a barrel early on Tuesday. This is the lowest that crude oil has been at since mid-April. This comes after oil reached above $70 in late May for the first time in...
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The number of land-based rigs drilling for oil rose by one this week, according to the weekly count by Baker Hughes.
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On Thursday OPEC published its annual statistical review of the cartel's oil and gas market data for 2017.
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The U.S. crude oil inventory rose last week by an unexpectedly large 2.2 million barrels. Gasoline and distillate inventories also posted larger-than-forecast increases. Crude oil prices slipped...
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The number of U.S. land rigs drilling for oil rose by a modest 2 this week after several weeks of larger increases. Crude prices are under pressure from increased production by Russian oil giant...
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A larger-than-expected decrease to U.S. crude oil stockpiles moderated the drop in crude prices following Thursday's report from the U.S. Energy Information Administration.
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The price of a barrel of oil has fallen by $5 a barrel since last Thursday. U.S. consumers are paying an average of just under $3 a gallon for regular gas and might be about to catch a price break...
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The number of land-based rigs drilling for oil in the United States rose by 15 this week. High prices for crude oil continue to drive more production.
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Royal Dutch Shell has announced a major oil discovery in the U.S. Gulf of Mexico about 170 miles southeast of New Orleans. The company expects to begin production by late next year.
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The May 15 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks increased.
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The U.S. crude oil stockpile unexpectedly jumped by nearly 6 million barrels last week. That has put downward pressure on prices.
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