Us Crude Oil
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Oil Prices Steady In Quiet Holiday Season Trade
London Brent crude for February delivery was down 1 cents at $55.15 a barrel by 0335 GMT (9:35 p.m. in India) after settling up 11 cents on Friday. Oil markets were closed on Monday after Christmas at the weekend.
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Oil Dives 5% On Surprise Build In US Crude, Gasoline Stocks
U.S. crude futures settled down 5 percent, or $2.47 a barrel, at $45.72 a barrel, the lowest settlement for U.S. crude since May 4.
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Oil Prices Dive As U.S. Considers Record Reserves Release
The United States is considering releasing 180 million barrels of crude from its Strategic Petroleum Reserve.
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US To Sell 32 Million Barrels Of Crude From Four Sites As Part Of Strategic Sale
The United States will sell 32 million barrels of crude from four Strategic Petroleum Reserve (SPR) sites to be delivered between late-December and April 2022, the Department of Energy (DOE) said as it auctions oil to try to lower global prices.
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Oil Posts Biggest Week Of Losses In Nine Months As Delta Variant Spreads
While the Delta variant drags on fuel demand, supply is steadily increasing. U.S. production rose to 11.4 million barrels per day in the most recent week, and drilling firms added rigs for the third week in a row, services company Baker Hughes said.
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US Oil Prices Rebound Into Positive Territory After Historic Crash
US oil prices rebounded above zero Tuesday, a day after futures ended in negative territory for the first time as a coronavirus-triggered collapse in demand leaves the world awash in crude.
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India's BPCL Buys American Oil Headed To China, Diverted After Tariffs
An Indian state-owned refiner has swooped in to buy American oil that was en route to China but due to arrive after new tariffs kicked in.
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U.S. Oil Is Flowing Freely to China Again After Slowing to Trickle
A supertanker laden with U.S. oil is floating off China’s eastern coast, awaiting discharge at one of the Asia’s busiest ports.
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U.S. Oil Production Is 23 Years Ahead of Schedule
The U.S. will be a net exporter of petroleum -- and energy in general -- next year, years sooner than previous annual estimates.
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Welcome to the ‘Man Camps’ of West Texas
Thousands of oil workers are living in dormitory-like compounds in the Permian Basin.
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The Best Time To Invest In Oil Is Now
Will Oil Break It’s February Winning Streak?
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Oil Extends Rally Above $58 as Keystone Outage Cuts U.S. Supply
Oil held near a two-year high as U.S. crude inventories dropped, adding to optimism OPEC’s output curbs are working.
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Oil Short-Sellers Return as Doubts Loom on OPEC's Horizon
Short-selling is rearing its head in the oil market again.
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India Receives First Ever Shipment Of US Crude Oil
This is one of the first shipments to India since the United States stopped oil exports in 1975.
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Oil Pares Losses as Industry Data Showed Unexpected Crude Draw
U.S. crude was back in a bull market Tuesday as Turkey warned to shut Kurdish oil export.
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Oil Prices Steady In Quiet Holiday Season Trade
London Brent crude for February delivery was down 1 cents at $55.15 a barrel by 0335 GMT (9:35 p.m. in India) after settling up 11 cents on Friday. Oil markets were closed on Monday after Christmas at the weekend.
-
Oil Dives 5% On Surprise Build In US Crude, Gasoline Stocks
U.S. crude futures settled down 5 percent, or $2.47 a barrel, at $45.72 a barrel, the lowest settlement for U.S. crude since May 4.
-
Oil Prices Dive As U.S. Considers Record Reserves Release
The United States is considering releasing 180 million barrels of crude from its Strategic Petroleum Reserve.
-
US To Sell 32 Million Barrels Of Crude From Four Sites As Part Of Strategic Sale
The United States will sell 32 million barrels of crude from four Strategic Petroleum Reserve (SPR) sites to be delivered between late-December and April 2022, the Department of Energy (DOE) said as it auctions oil to try to lower global prices.
-
Oil Posts Biggest Week Of Losses In Nine Months As Delta Variant Spreads
While the Delta variant drags on fuel demand, supply is steadily increasing. U.S. production rose to 11.4 million barrels per day in the most recent week, and drilling firms added rigs for the third week in a row, services company Baker Hughes said.
-
US Oil Prices Rebound Into Positive Territory After Historic Crash
US oil prices rebounded above zero Tuesday, a day after futures ended in negative territory for the first time as a coronavirus-triggered collapse in demand leaves the world awash in crude.
-
India's BPCL Buys American Oil Headed To China, Diverted After Tariffs
An Indian state-owned refiner has swooped in to buy American oil that was en route to China but due to arrive after new tariffs kicked in.
-
U.S. Oil Is Flowing Freely to China Again After Slowing to Trickle
A supertanker laden with U.S. oil is floating off China’s eastern coast, awaiting discharge at one of the Asia’s busiest ports.
-
U.S. Oil Production Is 23 Years Ahead of Schedule
The U.S. will be a net exporter of petroleum -- and energy in general -- next year, years sooner than previous annual estimates.
-
Welcome to the ‘Man Camps’ of West Texas
Thousands of oil workers are living in dormitory-like compounds in the Permian Basin.
-
The Best Time To Invest In Oil Is Now
Will Oil Break It’s February Winning Streak?
-
Oil Extends Rally Above $58 as Keystone Outage Cuts U.S. Supply
Oil held near a two-year high as U.S. crude inventories dropped, adding to optimism OPEC’s output curbs are working.
-
Oil Short-Sellers Return as Doubts Loom on OPEC's Horizon
Short-selling is rearing its head in the oil market again.
-
India Receives First Ever Shipment Of US Crude Oil
This is one of the first shipments to India since the United States stopped oil exports in 1975.
-
Oil Pares Losses as Industry Data Showed Unexpected Crude Draw
U.S. crude was back in a bull market Tuesday as Turkey warned to shut Kurdish oil export.
