Oil futures turn lower as the boost from the U.S. trade deal with Japan wanes and traders await U.S. inventory data. The API reported a small drawdown in crude stocks, lower gasoline inventories, and ...

Commercial crude oil stocks excluding the Strategic Petroleum Reserve declined by 3.2 million barrels to 419 million barrels in the week ended July 18, and were about 9% below the five-year average ...

Meanwhile, the U.S. Strategic Petroleum Reserve (SPR) saw another rare decline, falling by 200,000 barrels to 402.5 million barrels. The draw was linked to a loan to ExxonMobil to resolve quality ...

U.S. crude oil and gasoline inventories fell last week, buoyed by stronger demand and exports, while distillate stockpiles ...

U.S. crude oil inventories declined by 3.2 million barrels as domestic production and imports fell while exports picked up.

The American Petroleum Institute reportedly shows a draw of 577K barrels of oil in US commercial stockpiles for the week ending July 18.

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, noting that ...

The Chinese government is boosting domestic production and the EV industry in the name of national security. There are 14 ...