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Oil Prices Drop to the Lowest Level in Nearly Five Years

A growing glut of oil and fear of a global economic slowdown have pushed U.S. crude prices to their lowest point since fuel markets were rebounding from the Covid crash. Most actively traded U.S. oil ...
MarketWatch

Oil prices drop 9% in first half of year, with OPEC+ meeting to set the tone for Q3

U.S. and global benchmark oil prices have lost 9% so far this year with tensions in the Middle East having eased back and as oil flows through the key Strait of Hormuz waterway essentially at "normal, ...
Reuters

Oil prices climb 2% on drop in US crude inventories as investors focus on Ukraine peace push

NEW YORK, Aug 20 (Reuters) - Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude inventories as investors awaited the next steps in talks to end the Ukraine ...
Rigzone

USA Crude Oil Stocks Drop Almost 7MM Barrels WoW

Crude oil stocks, not including the SPR, stood at 416.0 million barrels on October 24, the EIA's latest weekly petroleum status report showed. Image by Vladimir Kazakov via iStock In its latest weekly ...
Rigzone

USA Crude Oil Stocks Drop Nearly 2MM Barrels WoW

Crude oil stocks, not including the SPR, stood at 425.7 million barrels on December 5, the EIA's latest weekly petroleum status report showed. U.S. commercial crude oil inventories, excluding those in ...