Crude Oil
Petrochemicals , Crude Oil , Storage
US Crude Oil Stockpiles Rise for First Time Since November
Crude inventories in the U.S. rose by 515,000 barrels in the week to Jan. 14 to 413.8 million barrels, compared with analysts’ expectations in a Reuters poll for a 938,000-barrel drop.
Crude Oil , Trade , International
OPEC's Share of Indian Oil Imports Falls to 15-year Low
OPEC's share shrunk as refiners increased imports from Canada and the United States, data shows.
Crude Oil
Oil Highest Since 2014 as Turkey Outage Adds to Tight Supply Outlook
U.S. West Texas Intermediate crude futures climbed 66 cents, or 0.8%, to $86.09 a barrel. WTI earlier jumped to $87.08, its highest since Oct. 9, 2014.
Crude Oil
IEA: Oil Market Headed for Surplus as Omicron Impact Muted
While U.S., Canada and Brazil are set to pump at all-time highs for the year, Saudi Arabia and Russia could also break their output records.
Crude Oil , Trade
US Awards Fifth Exchange of Crude Oil from Strategic Reserves
Combined, the U.S. Energy Department has so far released more than 8 million barrels of the 32 million in exchanges of Strategic Petroleum Reserve oil outlined in November.
Crude Oil
What’s Affecting Oil Prices This Week? (Jan. 18, 2022)
Triple-digit oil prices? Here are the factors that Stratas Advisors say will keep oil prices from moving into the triple-digits.
Crude Oil
Oil Prices Hit 7-Year Highs; Mideast Unrest Stokes Supply Jitters
After launching drone and missile strikes that set off explosions in fuel trucks and killed three people, the Houthi movement warned it could target more facilities.
Crude Oil
OPEC Sees Well Supported Oil Market in 2022, Despite Omicron
While the new Omicron variant may have an impact in the first half of 2022, projections for economic growth remain robust, OPEC said in its latest report.
Investment , Natural Gas , Crude Oil , Energy Transition
How Institutional Investors Are Thinking about the Energy Transition
Here are some intriguing conclusions from a recent survey of institutional investors, who seem to be bullish about oil prices but not oil demand; concerned about climate risks, but not yet fully incorporating them into valuations.
Crude Oil , Imports , International
China Agrees with US to Release Oil Reserves near Lunar New Year
The release of crude stocks by China will occur around Lunar New Year, which falls on Feb. 1, the sources said.