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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 · 12h

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 on MSN · 21h

Trump's oil promises have bigger problems than Biden's new offshore drilling ban

President Joe Biden's move to protect offshore areas is largely symbolic, but the economic factors that may limit oil output gains are very real.

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, Ukraine and Oil Depot

SFGate · 59m

Ukraine claims it struck a key military fuel depot deep inside Russia

The Ukrainian military said Wednesday that it struck a fuel storage depot deep inside Russia, causing a huge blaze at the facility that supplies an important Russian air base. Russian officials acknowledged a major drone attack in the area,

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,

Reuters on MSN · 1h

Ukraine claims attack on oil depot serving air base for Russian nuclear bombers

Ukraine launched an overnight strike deep inside Russia that set fire to an oil depot in the city of Engels that serves an air base for Russian nuclear bomber planes, the Ukrainian military said on Wednesday.

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 ...

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 ...

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 ...

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 ...

13hon MSN

ExxonMobil Earnings to Fall on Lower Oil Prices

The change in gas prices, however, may boost earnings by as much as $400 million for the quarter, the company said..

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 ...

8hon MSN

China's Shandong Port, entry point for most sanctioned oil, bans US-designated vessels

Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to ...

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