Tag: EIA

Oil prices rebounded on Thursday as unexpected drawdowns in U.S. crude and gasoline inventories provided support, despite indications that the U.S. Federal Reserve may...

Global oil prices retreated slightly on Wednesday, driven by a stronger dollar and profit-taking following recent multi-month highs. The market remains cautious amid ongoing...

Oil prices experienced gains in early trading on Thursday, bolstered by robust demand in the U.S. following a decrease in gasoline stocks to a...

Global oil prices exhibited volatility on Wednesday, fluctuating between modest declines and gains as traders assessed the impact of escalating geopolitical tensions, concerns over...

Crude oil, often referred to as the lifeblood of the global economy, serves as a critical commodity with far-reaching implications on various industries and...

Oil prices experienced a decline on Thursday, interrupting a three-day winning streak, with concerns over diminished demand triggered by an unexpected U.S. crude inventory...

Oil prices experienced a notable increase of more than a dollar per barrel on Tuesday, building on the gains from the previous session. The...

In the wake of recent attacks by Iran-aligned Yemeni Houthi militants in the Red Sea, global oil markets experienced minimal movement on Wednesday. Investors...

The North Sea, a vast and resource-rich body of water, has long been a focal point in discussions surrounding energy resources, specifically oil. The...

Oil prices experienced a volatile day in the market, with Brent futures ending slightly higher while U.S. West Texas Intermediate (WTI) crude closed lower...

In a significant development, the American Petroleum Institute (API) reported on Tuesday a substantial increase in US crude oil stocks, potentially the largest since...

Crude oil prices in the Asian session experienced slight gains, hovering a few cents above the previous day's lower closing prices. The oil market...