crude oil supply news

Oil prices settle lower

Saudi crude oil supply to China set to fall in Feb vs Jan, sources say

Saudi Arabia's crude oil supply to China is set to decline in February from the month before, trade sources said on Thursday, after the kingdom hiked its prices and as OPEC+ extended production cuts in the first quarter.

MarketWatch on MSN · 17h

Oil prices settle lower as U.S. crude supplies fall but product stocks rise

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate stockpiles climbed by more than 6 million barrels each.

Wall Street Journal · 21h

U.S. Crude Oil Stockpiles Extend Decline to Seven Weeks

U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries increased their capacity use.

Reuters · 1d

Oil prices settle up on possible supply disruption, hopes for China demand

Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western sanctions and expected higher Chinese demand.

MarketWatch on MSN · 1d

Oil prices tick up after industry data shows fall in U.S. crude inventories

Oil futures were flat to slightly higher Wednesday, with investors awaiting official data on U.S. inventories after an industry report was said to show a large drop in crude stocks but significant increases in gasoline and distillates.

Oil prices steady as markets weigh demand against US inventories

Oil prices were little changed on Thursday as investors weighed firm winter fuel demand expectations against large U.S. fuel ...

Oil News: Rising U.S. Stockpiles Cap Gains Amid Seasonal Demand Surge

Oil markets steady as traders weigh rising U.S. inventories against robust demand, with January crude forecasts at 101.4M bpd ...

13hon MSN

Crude oil turns lower as U.S. supplies fell but fuel stocks jumped more than expected

Oil futures decline on bearish inventory data; US crude inventories fall but gasoline, distillate stocks increase.

1don MSN

Crude oil prices hit three-week high as concerns over supply grow

Crude oil prices rose to a three-week high amid mounting concerns over supply disruptions and increasing demands. However, ...

Crude Oil Prices4h

Saudi Oil Exports to China Set for February Decline

Saudi Arabia's oil exports to China are expected to decrease in February due to a price increase by Aramco, impacting the ...

TheCable1d

Prioritise crude oil supply to local refineries, group tells NNPC

A group of concerned Nigerian citizens has called on the NNPC Limited to prioritise crude oil supply to local refineries, ...

Crude oil futures decline as market expects comfortable supply in 2025

Crude oil futures decline as market anticipates comfortable supply in 2025, while natural gas and guargum prices rise.

Crude Oil Prices22h

Large Jump in Fuel Inventories Outweighs Crude Draw

Crude inventories at the Cushing Oklahoma hub continue to draw, but a large increase in gasoline and distillate stockpiles resulted in an increase in commercial petroleum inventories ...

Oil News: Crude Faces Bearish Pressure with 200-Day Average in Sight

Oil futures hover near key support as demand weakens. Traders eye $72.35 for clues on crude’s next move. Can supply tightness ...

legit4d

Energy Group Cautions NNPCL against Cutting Crude Oil Supply to Dangote, Other Local Refineries

The Energy Reforms Advocates of Nigeria (ERAN) has urged the FG to stop the NNPCL's alleged plan to cut the supply of crude ...

21h

US crude stocks at Cushing fall to decade-low, fuel inventories surge, EIA says

U.S. crude stocks fell last week, driving the Cushing, Oklahoma hub to a 10-year low, while fuel inventories surged, the ...

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