Crude Oil

US commercial crude oil inventories saw a notable decline of 2.6% during the week ending June 28, according to recent data from the Energy Information Administration (EIA) released late Wednesday.…

West Texas Intermediate (WTI) US Crude Oil briefly surged to a nine-week high, nearing $84.00 per barrel on Tuesday, before mid-US session market flows brought prices back down to $82.50.…

Global Crude Oil Exports Fall, Led by Saudi Arabia’s Decline Global seaborne crude oil shipments saw a significant decline in June, with Saudi Arabia accounting for half of the 1…

Benchmark U.S. Crude Oil Prices Dip Amid Mixed Commodities Performance On Tuesday, benchmark U.S. crude oil for August delivery dropped by 57 cents, closing at $82.81 per barrel. In parallel,…

HOUSTON, July 2 – Crude oil prices declined on Tuesday as concerns eased over Hurricane Beryl’s potential disruption of supplies. The storm is expected to bypass most oil fields as…