NEW YORK, July 31 (Reuters) – Oil prices rose nearly 3% on Wednesday, rebounding from seven-week lows after the killing of a Hamas leader in Iran ratcheted up tensions in the Middle East and a […]
Crude oil inventories in the United States fell again this week, this time by 3.9 million barrels for the week ending July 19, according to The American Petroleum Institute (API). The reality was a far […]
NEW YORK, July 22 (Reuters) – Oil prices fell for a second consecutive session on Monday to their lowest level in over a month, as investors looked past U.S. President Joe Biden’s decision to end his […]
HOUSTON, July 10 (Reuters) – Oil prices settled higher on Wednesday after a jump in U.S. refining activity last week drove a larger-than-expected decline in gasoline and crude inventories, but gains were capped due to […]
July 8 (Reuters) – Oil prices eased about 1% to a one-week low on Monday as Hurricane Beryl shut U.S. refineries and ports along the Gulf of Mexico, and on hopes a possible ceasefire deal […]
Daily Standup Top Stories Court blocks Biden admin’s ban on new LNG exports – Is this because of the Chevron Deferenence Supreme Court Decision? July 1, 2024 Stu Turley A federal judge issued a ruling Monday […]
July 1 (Reuters) – Oil prices climbed about 2% on Monday on hopes of rising demand during the Northern Hemisphere’s peak summer driving season and worries that OPEC+ production cuts could result in supply deficits […]
Crude oil prices moved lower today, after the U.S. Energy Information Administration reported an estimated inventory increase of 3.7 million barrels for the week to June 7. The change compared with a weekly build of 1.2 million barrels for […]
HOUSTON, June 12 (Reuters) – Oil settled higher on Wednesday as ongoing tensions in the Middle East lent support to prices, but news that interest rate cuts could start as late as December capped gains, […]
Daily Standup Top Stories What’s Going on with Electric Vehicles? May 21, 2024 Mariel Alumit 2024 has not been kind to the electric vehicle, particularly in the United States. Sales are down, Tesla laid off staff, […]
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