Oil tanks Petroleum stocks in the United States fell lower than expert quotes recently, while gas and extract stocks increased. Petroleum stocks in the United States decreased by 1.4 million….
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WTI softened even more, extended backslide to $78 per barrel. Ceasefire talks drag down Crude Oil bets. United States Crude Oil production stays thorn in barrel market’s side. West Texas….
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Crude oil imports averaged 6.7 million bpd, rising by 424,000 bpd from the previous week. Strategic Petroleum Reserve increased from 362.3 million barrels to 363.1 million barrels as U.S. continued….
US Crude Oil stocks rose less than expected this week. China saw an uptick in Crude Oil demand. Market shrugs off more productive US Crude Oil well efficiency. West Texas….
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Petroleum markets are banking on seasonal need increases to balance out supply builds. Geopolitical headings from the Middle East continue to put a flooring under barrel quotes. A split in….
Crude Oil eased on Wednesday after an early jump. US Crude stocks continue to build faster than markets anticipated. Geopolitical headlines put a floor below barrel prices. West Texas Intermediate….
Petroleum markets pressed into a brand-new high for the week before kicking back on Friday. WTI roils in between $74.50 and $73.00 on Friday. Freezing temperature levels and geopolitical stress….