U.S. Crude Oil Stockpiles Rise More Than Expected
U.S. crude oil inventories rose 2.1 million barrels to 429.7 million barrels, surpassing analyst expectations for an increase of 1.1 million barrels.
S&P 500 Rising as Energy Stocks, Oil Prices Jump
Energy was the S&P 500’s top sector as crude oil prices rebounded in response to growing geopolitical tensions. With the market benchmark up 0.3%, roughly 327 S&P 500 stocks were on the rise. The Dow was down 117 points,
Oil prices rise over 3% on Sverdrup outage, Ukraine war escalation
Oil prices climbed more than $2 a barrel on Monday after news that crude production at Norway's Johan Sverdrup oilfield had been halted, which added to earlier gains stemming from escalation of the Russia-Ukraine war.
Oil prices rise after U.S. approves Ukraine use of long-range missiles inside Russia
Oil futures were finding some buying interest Monday morning after a weekend decision by President Joe Biden to allow Ukraine to use U.S.-supplied long-range missiles to strike deeper inside Russia.
Oil Extends Gains on Ukraine-Russia Risks
Crude futures press higher as the market considers risks of escalation in the Ukraine-Russia conflict after Biden approved Ukraine's use of U.S.-supplied long-range missiles that could strike deeper into Russia.
Oil prices tick higher as Russia-Ukraine war escalates
Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China and forecasts of a global oil surplus in 2025 capped price gains.
Oil prices tick higher as Russia-Ukraine tensions escalate
Brent crude futures were up 55 cents to $71.59 a barrel at 0954 GMT, while U.S. West Texas Intermediate crude futures rose 43 cents to $67.45
Saudi Arabia's crude oil exports in September hit three-month peak
Saudi Arabia's crude oil exports in September rose to their highest level in three months, data from the Joint Organizations ...
Crude Oil Prices13h
China's Oil Surplus Drops Dramatically
China's crude oil surplus decreased in October, but lower imports and refinery runs suggest underlying concerns about oil ...
Crude oil posts loss for the week as looming surplus depresses market
Crude oil futures were on pace Friday for loss for the week, as a supply gut and a strong dollar depresses the market. U.S.
Oil settles down 2% on weaker Chinese demand, uncertainty over Fed rate cut
Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a potential slowing in ...
Vanguard10h
Dangote Refinery seeks billions of dollars to import crude oil
Africa’s richest person, Aliko Dangote, has started discussions with some foreign banks to secure billions of dollars for ...
Nairametrics14h
Dangote seeks billions of dollars to ramp up crude oil supply in 650,000 bdp refinery – Report
Nigerian billionaire Aliko Dangote is seeking to raise billions of dollars to ramp up crude oil supplies for his $20 ...
Market Navigator: Crude oil under pressure
Jeff Kilburg, founder and CEO of KKM Financial, joins CNBC's 'Power Lunch' to discuss how he sees crude oil after the ...
Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand
Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in ...
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Norway’s total oil investments reach $22.9bn in 2024
Inflation has helped push the oil giant’s hydrocarbons spending to a record level, reported Statistics Norway.
Norway's Johan Sverdrup oilfield shut by power outage, lifting Brent crude
Equinor (NYSE:EQNR) said Monday it has stopped production from its Johan Sverdrup oilfield, western Europe's largest with ...