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GASOLINE INVENTORY
Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...- US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022American producer prices saw their biggest jump since late 2022. Energy costs soared, impacting inflation significantly. This surge follows...
- Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
- Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? US attack, Iran tensions, inflation fears and market reaction explainedWhy are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? Global markets moved in diff...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- Oil steadies as uncertainty over US-Iran talks keeps markets on edgeOil prices held steady Tuesday amid uncertainty surrounding U.S.-Iran ceasefire talks and the potential reopening of the Strait of Hormuz. ...
- Why are oil prices down today, and will Brent and US WTI crude futures continue to drop or rise again? Ceasefire report and US stockpile data impact crude marketWhy are oil prices down today, and will Brent and US WTI crude futures continue to drop or rise again? Oil prices moved lower after reports...
- US crude, fuel inventories fell last week, EIA saysAmerican oil reserves saw a significant drop last week. Crude oil inventories decreased by 3.3 million barrels. Gasoline stocks also fell b...
- RBI's dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya BanerjeeThe Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance shee...
- Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
- Gas prices today May 26: Check daily average rates in California, Texas, Florida, New York, Washington, Hawaii, Oklahoma and moreUS national average gasoline prices hover near multi-year seasonal highs at $4.491 per gallon, slightly down from the previous week. Memori...
- What if the Strait of Hormuz didn’t reopen?The Strait of Hormuz, a vital oil route, faces potential prolonged closure. This situation mirrors past disruptions, raising concerns about...
- Iran war rapidly wiping out the world’s oil stockpile cushionGlobal oil stockpiles are shrinking at a record pace this month, with visible crude and fuel inventories falling by 8.7 million barrels dai...
- China kept building its crude stockpile in April despite Iran crisisChina is accumulating crude oil reserves even as imports decrease. This contrasts with global trends of depleting oil stocks. The nation's ...
- Oil prices today: Why are International oil rates rising after two days of losses?Oil price today: Brent crude futures rose 81 cents, or 0.77 per cent, to $105.83 a barrel, and U.S. West Texas Intermediate futures were up...
- Oil rebounds on uncertainty over Iran peace deal and inventory drawdownsOil prices surged Thursday amid persistent supply worries stemming from the Iran war's uncertain conclusion and a significant U.S. inventor...
- IEA chief warns commercial oil inventories are depleting rapidly, only weeks leftInternational Energy Agency head Fatih Birol warned that commercial oil inventories are rapidly depleting, with only a few weeks of supply ...
- No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- Oil market enters tight supply phase after years of underinvestment: Nikhil BhandariGlobal energy markets are entering a structurally tighter phase due to years of underinvestment in crude oil and refining. While renewables...
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