Tag: EIA

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...

Crude oil is the lifeblood of the modern world, powering industries, transportation, and countless products we use daily. As a finite resource, the question...

In the most recent week, U.S. crude oil stockpiles experienced an increase following a significant drop in the preceding week. Meanwhile, gasoline and distillate...

U.S. crude oil inventories experienced an unexpected surge of nearly 4 million barrels in the week ending September 8, marking the first increase in...

The daily fluctuations in oil prices are closely monitored by individuals, businesses, and governments around the world due to their significant impact on various...

On Tuesday, oil prices registered a slight decrease as market participants cautiously assessed the potential implications of a weakening Chinese economic rebound. Concurrently, investors...

Oil prices experienced a decline during European trading on Tuesday, marking the second consecutive session of retracement from a four-month pinnacle, primarily driven by...

Asia Pacific 1. The People's Bank of China: China's foreign exchange reserves at the end of June reported US$3.193 billion, an increase of US$16.492 billion...

Oil prices rose on May 18 as traders bought into risky assets on optimism about U.S. debt-ceiling talks, largely ignoring a bearish EIA report. U.S....

Oil is a versatile and valuable natural resource that is used in many different industries and applications. However, one of the primary uses of...

International oil prices have recently turned heads, as U.S. crude oil sales overseas are set to hit a new record by 2023 as U.S....