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Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $65.49 per barrel, ...
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Revision of API Data Shows Much Smaller Crude Inventory Build
Editor’s Note: While the API initially reflected a huge crude build, Reuters data released shortly after painted a starkly ...
Does The Strategic Petroleum Reserve (SPR) Actually Matter For Crude Oil Prices?
The broader trend suggests that other market forces (such as supply shocks, demand growth, and geopolitical risk) likely play ...
U.S. crude stockpiles rose 19.1M barrels last week, API says
The American Petroleum Institute reportedly shows another surprise build of 19.1M barrels of oil in US commercial stockpiles for the week ending July 11.
OilPrice.com3d
DOE Okays Exchange From SPR to Exxon to Ease Crude Quality Issue
The U.S. Department of Energy has authorized the release of 1 million barrels from the Strategic Petroleum Reserve to address ...
BP flags gas, oil price hit; higher upstream output in second quarter
BP's second-quarter results are expected to be impacted by lower prices received for gas and oil, while its upstream output ...
Capital Market on MSN1d
Energy Preview: API records largest single-week build in US crude inventories in nearly a decade
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply for the second week in a row, this time gaining an additional ...