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US Crude Stocks Down, Fuel Inventories Up as Refiners Hit the Gas
2022-06-29 - The U.S. oil industry has been trying to boost output, but inventories keep dwindling, with supplies at the Cushing, Oklahoma hub dropping to the lowest since October 2014, the EIA said.
Oil Climbs on Supply Jitters as EU Lays Out Russian Oil Ban
2022-05-05 - The sanctions proposal, which needs unanimous backing by the 27 EU countries, also includes phasing out imports of Russian refined products by the end of 2022.
Opinion: OPEC+ Words Contrast with Saudi Action of Raising Oil Prices
2022-06-07 - OPEC+ decision to increase output was quickly followed by news that Saudi Arabia will boost its official selling prices for July for its customers in Asia and Europe.
Oil Prices Stay Close to $120 After Saudi July Price Rise Eclipses OPEC+ Supply Deal
2022-06-06 - Saudi Arabia raised the July official selling price for its flagship Arab light crude to Asia by $2.10 from June to a $6.50 premium, the highest since May.
Oil Bull Run Continues as EU Agrees to Ban Most Russian Oil
2022-05-31 - Brent crude oil for July rose to $123.78 a barrel on May 31 after the EU agreed to a partial ban on Russian oil and coronavirus restrictions are being lifted in China.