crude oil prices
crude oil prices Articles
The U.S. commercial crude oil inventory rose by more than 1 million barrels last week, but stockpiles of gasoline and diesel fuel dropped.
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The March 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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In a move to gain more influence on the global oil market, China began trading a crude oil futures contract Monday morning that is traded in yuan, not dollars.
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The U.S. land rig count rose by five this week, according to the latest report from Baker Hughes. Of that total, four new rigs are looking for oil and one is seeking natural gas.
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The U.S. crude oil inventory dropped unexpectedly last week and combined with tensions over supplies from the Middle East, crude prices have pushed higher Wednesday.
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Oil pushed higher on Tuesday amid tensions in the Middle East, which could weigh on global oil supplies. Not to mention, troubles in Venezuela seem to be contributing to rising oil prices as well.
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The U.S. Energy Information Administration forecast a crude oil production increase of 131,000 barrels a day from seven major U.S. shale regions.
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The February 28 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 number of U.S. land-based rigs drilling for oil slipped this week while the count of rigs drilling for natural gas more than offset the loss of oil rigs. Year over year the total rig count is up...
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The U.S. commercial crude oil inventory rose slightly less than expected last week. Gasoline and diesel fuel inventories fell, likely due to a large increase in refined products exports.
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U.S. crude oil producers pumped 10.3 million barrels a day in February according to the latest Short-Term Energy Outlook released Tuesday by the U.S. Energy Information Administration.
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The U.S. land-based oil rig count rose by one this week and rigs drilling for natural gas increased by two for a total of 981 working rigs this week.
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U.S. commercial crude oil inventories increased by 3 million barrels last week, about a third more than expected. Gasoline inventories also rose.
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The February 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 number of land rigs drilling for oil rose by one this week and the number of rigs drilling for natural gas rose by two. Crude prices maintained a gain of around 1% for the day.
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