Oil prices steady as market awaits fresh US tariffs
Oil prices steadied on Wednesday after falling in the previous session on concerns new U.S. tariffs set to be unveiled later ...
U.S. crude stockpiles rose 6M barrels last week, API says
The American Petroleum Institute reportedly shows a build of 6.03M barrels of oil in U.S. commercial stockpiles for the week ending March 28.
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Crude Oil Inventories Climb As OPEC Prepares to Open the Tap
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million ...
Wall Street swings again as approach of Trump’s ‘Liberation Day’ wallops stock markets worldwide
On Wall Street, the S&P 500 rose 0.6% in another roller-coaster day, after being down as much as 1.7% during the morning. The reversal helped the index shave its loss for the first three months of the ...
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The U.S. Sets Sights on 11 Billion-Barrel Oil Find Beneath Tiny Rainforest Nation
The United States is tightening its grip on a powerful new energy frontier, as ExxonMobil’s deepwater oil operations off the ...
Macquarie Sees Oil in the Low $60s and a Looming Refining Crunch
Oil will likely fall to the low $60-a-barrel range — levels last seen in 2021 — as markets remain oversupplied, Macquarie ...
OPEC+ is boosting output in April. Here’s what that could mean for oil prices.
It’s been a month since OPEC+ said it will go ahead and gradually unwind its voluntary production cuts starting on April 1, ...
A tiny rainforest country is growing into a petrostate. A US oil company could reap the biggest rewards
The course of Guyana’s destiny changed in 2015 when US fossil fuel giant Exxon struck oil. It discovered nearly 11 billion barrels in the deep water off the coast of this tiny country known for the ...