Petrobras Receives Approval For First Production From Its Inaugural FPSO In The Gulf Of Mexico A Gulf Of Mexico Milestone? First New Deepwater Plan Approved Since Oil Spill BOEMRE Issues Memo To Assist Offshore Operators With New Requirements BOEMRE Approves First New Well At Cardamom Deep
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US Crude Stocks Highest Since June 2021 as Fuel Demand Falls: EIA
2023-01-25 - According to the Energy Information Administration, U.S. crude inventories rose to 448.5 MMbbl last week by 533,000 bbl, short of the expected 1 MMbbl increase.
U.S. Distillate Stocks, Refinery Utilization Drop After Winter Storm -EIA
2023-01-06 - Product inventories fell and total product supplied—a proxy for fuel demand—also fell.
Oil Prices Rally to Highest Close Since Dec. 1 on China Optimism
2023-01-19 - Brent crude futures gained $1.18, or 1.4%, to settle at $86.16 per barrel, while WTI crude futures rose by $0.85 cents, or 1.1%, to settle at $80.33 per barrel. Those were the highest closing levels for both contracts since Dec. 1.
Oil Prices Broadly Steady Amid Rising US Stockpiles
2023-01-11 - The oil market has been pulled lower by worries that sharply higher interest rate hikes to tame inflation would trigger a recession and curtail fuel demand. U.S. inflation data is due on Jan. 12.
Oil Prices Firm, But Rise in US Inventories Looms
2023-02-23 - On Feb. 23, Brent crude futures rose 0.8% to $81.23/bbl while WTI futures roes 1% to $74.70/bbl.