Tag: EIA

Oil prices saw a continued upward trend on Thursday, building on gains from the previous session. The surge was attributed to signs of heightened...

Oil prices edged lower, as indications of easing supply concerns took precedence, while market attention turned towards upcoming U.S. stockpiles data expected later in...

Oil prices experienced a downturn in early Asian trading on Wednesday, driven by data indicating a buildup in both crude and fuel inventories in...

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...