US crude stocks jump 2.969 million barrels as forecasters expected a draw
U.S. crude oil stocks rose 2.969 million barrels for the week ending September 18, confounding forecasts for a 641,000-barrel draw….
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
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98.780
+2.99%
US Energy Secretary Wright Says Diesel Export Ban Would Not Work
US Energy Secretary Chris Wright said a ban on diesel exports would not work and could push up gasoline and…
Oil Hovers Near $100 as Iran Talks Progress and Saudi Pipeline Restarts
Oil prices steadied near $100 a barrel on Wednesday after signs of diplomatic progress between the U.S. and Iran and…
US-Iran Conflict Redefines the ‘Available Barrel’ in Oil Markets
The U.S.-Iran conflict has changed how the oil market defines a deliverable barrel, according to Ole Hvalbye, partner at ABG…
Oil Holds Near Two-Week Low as Gulf Supply Rises, Diesel Margins Hit Record
Oil prices held near a two-week low on Wednesday as improving Gulf crude supplies weighed on the market. European diesel…
