Oil Prices Drop As EIA Shows Crude Inventories Continue to Climb
Crude oil inventories in the United States saw a build of 4.1 million barrels during the week ending February 7
Oil prices climb to 2-week high on supply worries, US tariffs check gains
Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on rising Middle East tensions, outweighing worries that trade tariffs would boost inflation and dampen global economic growth.
Oil prices set for third straight weekly fall on tariff concerns
Oil prices finished with daily gains on Friday (Feb 7) after new sanctions were imposed on Iran’s crude exports, but prices were down for the week as investors worried about US President Donald Trump’s renewed trade war on China and threats of tariffs on other countries.
Oil prices end lower as U.S. crude supplies climb for a third week in a row
Oil futures posted their first loss in four sessions on Wednesday after official U.S. data revealed a third straight weekly climb in U.S. crude supplies.
U.S. Crude Oil Stockpiles Rise For Third Straight Week
U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three months, according to data released by the U.S. Energy Information Administration.
Oil prices fall on rising US crude stocks, hawkish Fed comments
Oil prices fell 1% on Wednesday, ending three days of gains, as industry sources pointed to rising U.S. crude stockpiles and hawkish remarks from Fed Chair Jerome Powell that signalled slower rate cuts this year.
OilPrice.com20h
US Rig Count Inches Up but Still Trails Last Year
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...
US drillers add oil and gas rigs for third week in a row - Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, ...
Rigzone2d
USA EIA Reveals Latest Brent Oil Price Forecasts
The U.S. Energy Information Administration revealed its latest Brent spot price forecasts for 2025 and 2026 in its February ...
Euronews9d
Crude oil prices fall to a year-low as US-China trade war intensifies
Crude oil prices fell to their lowest level since 31 December 2024 amid the escalating US-China trade war. Investors are increasingly concerned about a slowdown in global economic growth and ...