crude oil prices
crude oil prices Articles
The Baker Hughes land-based rig count total rose by eight this week. Five new rigs are out there looking for oil and three are searching for more natural gas.
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U.S. crude oil inventories dropped more than expected last week, but the biggest changes came in how much crude and refined products were exported.
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The April 13 short interest data have been compared with the previous figures, and short interest in these selected big oil stocks increased.
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The U.S. land-based oil rig count rose by five this week following burst of activity in the Permian Basin. The number of offshore rigs also rose this week.
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President Trump has responded to reports that OPEC and its partners may want to reduce crude oil production even further with a tweet that prices are artificially high and "will not be accepted."
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With West Texas Intermediate crude oil putting in another strong day, a gain of more than $2 per barrel has put the price of benchmark crude back above $68.50 per barrel. This marked the highest...
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U.S. petroleum inventories fell by modest amounts last week but the declines pushed crude oil prices to a high of more than $68 a barrel, a price last seen in late 2014.
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According to documents obtained by Bloomberg News, Saudi Arabia's state-owned oil company, Saudi Aramco, posted a profit of $33.9 billion in the first half of last year.
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The International Energy Agency expects that the OPEC production cuts will have balanced global oil markets by next month.
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The U.S. commercial crude oil inventory rose by a surprising 3.3 million barrels last week, but after a quick dip in the price, futures rose sharply again.
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The March 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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U.S. drivers can expect to pay an average of 33 cents a gallon more this summer for gas. The average price will also be higher for the full year and an average household will spend almost $200 more...
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The number of U.S. land-based rigs drilling for oil jumped by 11 this week and a total of 14 horizontal rigs were put into service.
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Crude oil prices cut their losses slightly following the inventory report from the U.S. Energy Information Administration. Investors and traders are grappling with tariffs today, and petroleum...
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The number of U.S. land-based rigs drilling for oil this week fell by seven while the number of rigs drilling for natural gas rose by four.
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