The American Petroleum Institute (API) has estimated a large crude oil inventory draw of 7.227 million barrels for the week ending September 5, compared to analyst expectations of a 2.6-million ...

The American Petroleum Institute reportedly shows a draw of 577K barrels of oil in U.S. commercial stockpiles for the week ending July 18. Gasoline inventories reportedly show a draw of 1.2M barrels ...

Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory decline of 10.6 million barrels for the week to August 25. The estimate compared with a ...

U.S. crude oil inventories fell last week amid a rise in exports, reversing some of the large stock builds seen the previous two weeks, according to data.

Once extracted, crude oil is refined and processed into a variety of products, including gasoline, diesel, jet fuel, heating oil, kerosene, asphalt and lubricants.

Crude oil futures gain as the International Energy Agency raises its 2024 demand growth forecast to 1.2 million barrels a day from 1.1 million previously, and the U.S. EIA reports a bigger-than ...

U.S. crude prices moved more than 3% higher Wednesday after federal record keepers reported a big decline in U.S. crude inventories. Commercial oil stocks dropped by 12.6 million barrels in the ...

Oil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of year-end, buoyed by a larger-than-expected drawdown from U.S. crude inventories last week.

Brent crude futures LCOc1 rose 30 cents, or 0.4%, to $77.89 a barrel at 0524 GMT, while U.S. West Texas Intermediate crude futures CLc1 climbed 36 cents, or 0.5%, to $72.60 a barrel.

U.S. crude oil supplies likely continued to tighten last week with a sixth consecutive inventory decline, according to a survey by The Wall Street Journal. Commercial crude stocks are seen falling ...

1706 GMT – Oil prices gain further in evening trade after U.S. crude inventories fell for a third consecutive week. Brent crude is up 1.5% at $73.26 a barrel, while WTI rises 1.9% to $69.93 a ...

Item 1 of 2 Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel ...