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US oil futures rise

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.

Reuters on MSN · 2h

Oil prices surge as OPEC supply drops, US crude stocks decline

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while U.S. crude oil stocks fell last week, market sources said, citing American Petroleum Institute figures. Also supporting prices was an unexpected increase in U.

uk.investing.com on MSN · 13h

US oil futures rise after API reports much larger drop in US crude stocks

U.S. crude oil futures inched higher in post-settlement trading Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly domestic crude stockpiles. Crude Oil WTI Futures,

Biden bans new oil, gas drilling off most US coasts

Politico · 14h

Drilling ban? Trump has bigger oil problems

That’s because the country is already producing more oil and exporting more natural gas than any other nation. Drilling for more fossil fuels than the world’s markets could absorb would be bad business, leading to potential price dips, economic instability and financial losses for oil producers.

FOX News on MSN · 1d

Trump plans to 'immediately' reverse Biden's 'ridiculous' ban on new oil and gas drilling along US coast

President-elect Donald Trump said he will "unban" President Biden's executive order blocking new oil and gas drilling across U.S. coastal and offshore waters.

The Associated Press - Busines… · 1d

Biden issues ban on offshore oil and gas drilling in most federal waters. Trump vows to undo it

Biden's last-minute actions could be difficult for President-elect Trump to unwind, since they would likely require an act of Congress to repeal.

Russia, oil depot and Ukraine

Kyiv Independent on MSN · 8h

Large fire reported at oil depot in Russia's Saratov Oblast following drone attack

A large fire engulfed an oil depot overnight on Jan. 8 in the city of Engels in Saratov Oblast, various Russian Telegram media channels reported. Saratov Oblast Governor Roman Busargin said that Ukrainian drone debris struck an unspecified "industrial facility" around 5:30 a.

U.S. News & World Report · 3h

Ukraine Strikes Russian Oil Depot Serving Airfield, Military Says

It reported multiple explosions and a big fire at "Kristal" oil depot, which it said provided fuel to the "Engels-2" military airfield, where Russia's strategic bomber fleet is based. "The strike of the oil depot creates serious logistical problems for the strategic aviation of the Russian occupiers and significantly reduces their ability to strike at peaceful Ukrainian cities and civilian objects,

Yahoo · 1h

Ukraine 'drones attack oil depot for Putin's nuclear bomber planes' deep inside Russia

A huge fire exploded at the ‘Kristal’ oil complex in the city of Engels after long-range strikes, said Ukraine’s military

25mon MSN

ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings

ExxonMobil said it expects to take an up to $900 million hit to its upstream earnings in the fourth quarter versus the ...

Guyana oil exports jump, gain Europe market share in 2024

Guyana's oil exports rose 54% last year to some 582,000 barrels per day (bpd), fueled by European refiners' demand for ...

12hon MSN

Oil rises on signs of tighter market; key Chinese port said to ban U.S.-designated vessels

Crude oil futures rise on Chinese stimulus hopes and weather demand, while concerns over Iranian supply disruptions support ...

15h

Oil futures settle at their highest level since October

Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year ...

Finland says oil tanker linked to subsea cable damage has serious deficiencies

Finland's public transport agency said on Wednesday that an oil tanker suspected of damaging undersea cables in the Baltic ...

Oil Averaging $65 in ‘25 to Keep OPEC+ Under Pressure, BofA Says

International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries ...

China's Shandong Port Group Blacklists U.S. Sanctioned Oil Vessels, Say Traders

China's Shandong Port Group issued a notice on Monday banning U.S. sanctioned oil vessels from its network of ports, according to three traders, potentially restricting blacklisted vessels from the ...

5hon MSN

Indonesia curbs exports of used cooking oil, palm residue to help domestic users

Indonesia has clamped down on exports of used cooking oil (UCO) and palm oil residue to ensure supply to domestic cooking oil ...

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