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EIA STORAGE BUILD
The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
Global strategic oil inventory totaled 2.5 billion barrels at end of 2025, EIA saysGlobal strategic oil reserves reached 2.5 billion barrels by year-end. China, the United States, and Japan hold the largest stockpiles. The...
US gas prices sink to seven-month low after storage build exceeds forecastU.S. natural gas futures fell to a fresh seven-month low on Wednesday, pressured by a slightly larger-than-expected storage build and forec...
Oil prices ease on surprise build in US crude stockpiles, OPEC+ to consider output hikeOil prices dipped about 1% to a two-week low due to a surprise increase in U.S. crude inventories and expectations that OPEC+ may raise out...
US natural gas inventories rise sharply: Upcoming heat wave poised to trigger increase in demandUnited States' natural gas reserves are increasing. Weekly injections surpass the seasonal average. A nationwide heat wave is expected. Thi...
Oil fell slightly as China growth worries clash with output cutsBrent crude futures fell 13 cents to $81.91 a barrel by 0045 GMT, while US West Texas Intermediate crude futures fell 11 cents to $78.04 a ...
Oil up about 2% on big US crude storage draw, Middle East tensionOil prices rose by about 2% to a two-week high due to a larger-than-expected drawdown in US storage and escalating tensions in the Middle E...
India, US announce launch of new energy storage task force to support clean energy transitionThe announcement of the initiative, which will further strengthen the India-US partnership in the critical energy sector to an altogether n...
Brent falls to two-week low after inventory shockOil prices fell on Wednesday for a second straight day, with Brent hitting its lowest in two weeks after official figures showed a surprise...
Crude oil prices jump 4% on lower US stocks, firmer demandBrent crude futures were up $1.38, or 3.98 per cent, at $36.03 per barrel.
Opec+ meet and trade deal talks to keep crude oil prices volatileCrude oil market players are looking towards next month’s Opec+ meeting for fresh cues.
Crude oil’s outlook weak, WTI price likely to soon hit $59 levelThe crude oil market is closely watching the development of the China-US trade talks.
US-China trade deal holds key to higher oil pricesMarch production figures mean Saudi would be voluntarily cutting output by more than 500,000 bpd below its pledged production level.
Things are looking good for oil, but headwinds building up tooOPEC-led group agreed to roll back output by 1.2 million bpd during first six months of 2019.
Opec meet next big trigger for crude oil pricesThe crude oil market is highly volatile because of too many conflicting drivers.
Rupee is showing some spine, Brexit remains a big overhangMarket participants are keen to get more details on the RBI board meeting.
Crude oil may lose steam ahead, likely to hit $64 in the short termMoney managers are feeling less bullish. Funds cut their long positions for the fifth week.
US move on Iran sanctions a key decider of oil’s fateGeopolitics will likely keep crude oil investors on their toes this week.
Crude oil's fundamentals weak; US Fed's economic outlook to guide marketCrude oil traders will also focus on weekly reports from API for US oil supplies.
Want proof if Opec output cut deal is working or not? These signs will tell youMonitoring the 11 non-members collaborating in the deal could be harder, as data for the smaller producers like South Sudan and Equatorial ...